Suburb Profile Report for Thomson VIC (3219)

Thomson House: Median price $322,500, Annual capital growth 6.27%, Number of sales 25, Weekly median advertised rent $300

Thomson Unit: Median price $311,500, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $290

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Thomson have tracked close to the VIC average of 8.96% over the last 12 months.

Thomson,3219 has offered an average of 11.21% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Thomson, 3219. Typically our figures indicate that -4.87% is being offered, which puts this VIC suburb at 2613th most discounted overall in Australia.

At number 705 in a list of fastest selling suburbs, Thomson is in the TOP 20% of suburbs in Australia with an average of days on market 54 for properties listed there.

Advertised rents are around the $300 mark per week – giving a return of 4.84% based on the median price in Suburb

Situated 64.79km from the CBD, Thomson is one of Greater Geelong localities in the postcode 3219.

Metrics i HOUSE UNIT
$322,500 $311,500
4.37% N/A
11.21% N/A
6.27% N/A
$300 $290
25 10
4.84% 4.84%
54 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 1533
Median household income ($/weekly) 700
Median age of persons 39
Median housing loan repayment ($/monthly) 1300
Average household size 1.9
  • Census Count Percent(%)
    5-14 years 141 9.2
    25-34 years 257 16.8
    35-44 years 189 12.3
    45-54 years 212 13.8
    55-64 years 166 10.8
    Others 568 37.1
    Age Group
    Census Count Percent(%)
    Not Married 693 59.7
    Registered Married 335 28.9
    Defacto Relationship 133 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1205 84.3
    New Zealand 9 0.6
    Papua New Guinea 23 1.6
    United Kingdom 80 5.6
    Other 35 2.4
    Others 78 5.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 18 1.3
    Christianity 881 65.4
    Hinduism 7 0.5
    Other Religious Groups 14 1.0
    No Religion 425 31.5
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 128 19.3
    $400-$599 99 15.0
    $600-$799 72 10.9
    $800-$999 70 10.6
    $1,250-$1,499 54 8.2
    Others 239 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 534 44.1
    Employed, worked full-time 393 32.5
    Employed, worked part-time 194 16.0
    Unemployed, looking for work 53 4.4
    Employed, away from work 37 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 113 18.1
    Technicians & trades workers 106 17.0
    Community & personal service workers 90 14.4
    Clerical & administrative workers 68 10.9
    Labourers 88 14.1
    Others 160 25.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 91 29.1
    Secondary 64 20.4
    Technical or Further Educational Institution 79 25.2
    University or other Tertiary Institutions 50 16.0
    Other type of educational institution 16 5.1
    Others 13 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1207 85.2
    Flat, unit or apartment 188 13.3
    Semi-detached, row or terrace house, townhouse 22 1.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 332 47.4
    Being purchased 185 26.4
    Fully owned 179 25.6
    Other tenure type 4 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals