Lalor vs Thomastown
Lalor (median $737,500) is roughly 2% cheaper to buy into than Thomastown ($755,000).
Buying in Lalor or Thomastown?
Selling in Lalor? The free selling guide
Lalor and Thomastown side by side
| Measure | Lalor | Thomastown |
|---|---|---|
| Price and market | ||
| Median house | $737,500 | $755,000 |
| Median unit | $540,500 | $560,000 |
| Renting | ||
| House rent | $510/wk | $510/wk |
| Unit rent | $450/wk | $450/wk |
| Owner occupied | 69.0% | 68.0% |
| Renter occupied | 27.0% | 29.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 995 | 995 |
| Lifestyle and people | ||
| Walk score | 14 | 40 |
| Transit score | 0 | 30 |
| Bike score | 100 | 100 |
| Population | 23,219 | 20,234 |
| Median age | 37 | 39 |
| Climate | ||
| Annual rainfall | 609 mm | 622 mm |
| Mean max, January | 27.0°C | 27.0°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Thomastown scores higher on walkability (14/100 vs 40/100 ), useful if you're optimising for a car-light household.
- For buyers
- Lalor is the lower entry point at $737,500 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Lalor offers the higher gross rental yield (3.60% vs 3.51%), favouring cash-flow investors.
- For families
- School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Lalor vs Thomastown: common questions
Is Lalor or Thomastown cheaper to buy in?
Lalor has the lower median house price at $737,500, roughly 2% below Thomastown ($755,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which is more walkable, Lalor or Thomastown?
Thomastown scores 40/100 on walkability vs 14/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Lalor or Thomastown?
Gross rental yield on houses is 3.60% in Lalor vs 3.51% in Thomastown. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
Keep comparing
The two suburbs
Compare Lalor with
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