Thomastown at a glance
Median house
$755,000
Median unit
$560,000
Walk score
40
Car dependent
Population
20.2k
Median age 39
The brief
What to know about Thomastown.
The postcode for Thomastown is 3074 (VIC), part of Greater Melbourne.
The median house price in Thomastown is $755,000.
Thomastown (3074) sits in the Whittlesea region of Victoria. The median house here is $755,000, in line with the Victoria median of around $850K.
Thomastown has roughly 20,234 residents, with a typical family-age mix. Households are mostly owner-occupied. Daily life is car-friendly: most residents drive to work, school and the shops.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Thomastown scores 40/100 on walkability, which makes it car-friendly with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 8 government primary, 4 government secondary, 4 Catholic, 2 independent.
Who lives here
Demographics.
The 2021 Census put Thomastown's population at 20,234, with a median age of 39. That sits as a typical family-age mix. Households are mostly owner-occupied (68% own, 29% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (73% family households, 24% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
20,234
Median age
39
Family households
73%
Lone person
24%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $755,000 on a typical sale, in line with the Victoria median. Units come in around $560,000, roughly 26% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $151,000. Prices are in line with the Victoria median, so the broader state lending settings apply.
Market
The price of a home here.
Median house price
$755,000
+0.0% over the past year. Median unit price $560,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$510/wk
Weekly rent (unit)
$450/wk
Owner occupied
68%
Renter occupied
29%
At a deeper level
$755,000
$560,000
20,234
Median age: 39
Rental data as of September 2025· rental-vic
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For investors
Investment overview.
Gross rental yield on houses sits at 3.51% (median rent $510/wk against a $755,000 price tag). Units yield 4.18% gross, often the better cash-flow play for first-time investors. Renter share is modest (29%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20263.51%
Based on $755,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20264.18%
Based on $560,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202668%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
2,301
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
40
30
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Thomastown.
Local schools for Thomastown
View the catchment for each school to find out more.
Government School Catchment
Thomastown Primary School
Thomastown Secondary College
Thomastown West Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Thomastown.
- What is the median house price in Thomastown?
- The median house price in Thomastown, VIC 3074 is $755,000. The median unit price is $560,000.
- What is the Thomastown postcode?
- Thomastown is in the 3074 postcode, in VIC, in the City of Whittlesea region.
- Where is Thomastown?
- Thomastown is a suburb of Melbourne, in VIC 3074. It is part of the Greater Melbourne area, in the City of Whittlesea region.
- What is the average rent in Thomastown?
- The median weekly rent for houses is $510, for units it's $450.
- What schools are in Thomastown?
- There are 20 schools serving Thomastown on this page, including Thomastown Primary School, Thomastown Secondary College, Thomastown West Primary School.
- How walkable is Thomastown?
- Thomastown has a Walk Score of 40 out of 100, car-dependent for most errands. transit score 30, bike score 100.
- What suburbs are near Thomastown?
- Thomastown is close to Keon Park, Lalor, Lalor Plaza, Reservoir, Reservoir North.
- What is the population of Thomastown?
- The population of Thomastown is approximately 20,234 (2021 Census). The median age is 39.
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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