Thomastown is in the bottom 40% in VIC when comparing median price capital growth over the last year. Thomastown gave property investors a disappointing capital gain figure when compared to the rest of the state, with 5.81%.
Thomastown,3074 has offered an average of 5.81% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Thomastown are currently offering property investors an average price cut of -7.51% below the asking price at the moment.
Situated 15.45km from the CBD, Thomastown is one of Whittlesea localities in the postcode 3074.
VIC has seen average median house prices change by 3.63% which means that Thomastown, 3074 has done well for property investors by showing a capital gain of 13.37% over the last year
While Thomastown,3074 ranked number 120th in VIC for increase in median house value (annualised) increase, it is ranked 245th over the last 5 years.
The most recent median price for Thomastown is $335000, with sellers offering an average of -4.93% off the asking price.
Often selling an investment property can take time, and in Thomastown the average time real estate has been on the market is 99.57 days.