At number 935th in the list of Australian suburbs ordered by increase in median house value over the last year, Thomastown, 3074 is in the top 30% with a property value increase of 10.92% recorded in median house prices.
Thomastown,3074 was ranked 457 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Thomastown is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 44th in terms of most discounted suburbs in VIC
Property investors should expect to get $350 weekly from the median priced house in this suburb.
Property investors who have had real estate in Thomastown, 3074 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.70%
While Thomastown,3074 ranked number 197th in VIC for increase in median house value (annualised) increase, it is ranked 254th over the last 5 years.
Sellers are offering property buyers an average discount of -3.81% to buyers in Thomastown at the moment, which is less than average for the rest of VIC.
In the last year 93 properties changed hands in Thomastown, which puts it as the 94th most active market in VIC when comparing the number of sales per suburb.