Thomastown (VIC 3074): property prices & suburb profile

Thomastown property prices

The typical Thomastown house sold for around $778,000 in the year to 2025-Q4, +71.4% over 10 years and +21.6% over 5 years.

• Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
• The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
• The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
• Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
• Periods with fewer than 5 recorded sales are excluded.

Thomastown medians by quarter

The most recent quarter on record for Thomastown is 2025-Q4.

• Sale counts are shown so you can judge how solid each median is.

Who lives in Thomastown

Thomastown has a median age of 39 and a median household income of $1,225 a week.

• Figures labelled Thomastown are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Thomastown" and postcode 3074 both extend beyond Thomastown.
• SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Thomastown

The 8 schools in Thomastown sit at the 32nd percentile nationally on ACARA's socio-educational index.

• ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
• Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
• Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Thomastown

Thomastown's typical house price of $778,000 is the 16th highest of the 25 Melbourne North suburbs we cover.

• Brunswick 3056

  $1,314,000 typical house price

• Brunswick East 3057

  $1,459,000 typical house price

• Brunswick West 3055

  $1,317,000 typical house price

• Bundoora 3083

  $904,000 typical house price

• Coburg 3058

  $1,242,000 typical house price

• Craigieburn 3064

  $710,000 typical house price

• Donnybrook 3064

  $657,000 typical house price

• Doreen 3754

  $790,000 typical house price

All Melbourne North suburb research

Thomastown: common questions

How much does a house cost in Thomastown?

About $778,000 across the 12 months to 2025-Q4, from 276 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.

Have Thomastown prices gone up?

Prices have risen 71.4% over 10 years and moved +21.6% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.

What do units cost in Thomastown?

The typical unit price was around $564,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 117 sales.

Can I see Thomastown prices street by street?

Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.

Which schools are in Thomastown?

Thomastown has 8 ACARA-registered schools, including Lalor East Primary School, St Clare's School, St John XXIII Primary School, Thomastown East Primary School, Thomastown Meadows Primary School, Thomastown Primary School.