How Much is My Home Worth in Thomastown?
The median price for a house in Thomastown is $587,250 as of February 5th, 2020. A median-priced unit is $451,125. There have been 168 houses and 54 units sold this year. The average annual capital growth for houses is 6.25% and units is 5.89%. The 12-month capital growth is -8.15% on houses and 7.50% for units. The Demand to Supply Ratio or DSR rating has houses and units or apartments as good. There are more buyers than sellers for units in Thomastown. Vendors do not have to wait long until they receive good offers. As an investment expect the capital growth to trend ahead of the national average.
House prices and rent returns in Thomastown.
- 2 bedroom home $525,250 Rent per week $350
- 3 bedroom home $582,500 Rent per week $370
- 4 bedroom home $640,000 Rent per week $423
Unit prices and rent returns in Thomastown.
- 1 bedroom unit No Data Rent per week $300
- 2 bedroom unit $385,000 Rent per week $335
- 3 bedroom unit $490,000 Rent per week $400
The gross rental yield for houses is 3.37% and for units, it is 3.94%. It takes 78 days to sell a house and 50 days to sell a unit in Thomastown.
Free Real Estate Appraisal Thomastown
Selling your house in Thomastown? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location to amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Thomastown
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 3500 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.
Property Valuation Thomastown
Did you know there is a difference between a property valuation and an appraisal? If, for legal reasons you require a valuation then you have to engage the services of a registered valuer. This service will come with a fee. An appraisal can be performed by any licenced real estate agent.
Railway works at Thomastown Station
Lifestyle in Thomastown
Thomastwon is approximately 17 kilometres north of the Melbourne central business district. At the 2016 Census there were 20,523 registered residents. On the southern borber is the Keon Park railway station. Two major roads run through Thomastown they the M80 and M31. Neighbouring suburbs include Bundoora, Lalor and Campbellfield. There is a shopping centre in High street that runs along the railway line.
Schools in Thomastown
There are 6 schools in Thomastown.
- Baltara School Co-educational Special
- Thomastown East Primary School Co-educational
- Thomastown Meadows Primary School Co-educational
- Thomastown Primary School Co-educational
- Thomastown Secondary College Co-educational
- Thomastown West Primary School Co-educational