88 Spring Street

Thomastown VIC 3074

The size of Thomastown is approximately 14.7 square kilometres. It has 23 parks covering nearly 4.0% of total area. The population of Thomastown in 2016 was 20523 people. By 2021 the population was 20234 showing a population decline of 1.4% in the area during that time. The predominant age group in Thomastown is 30-39 years. Households in Thomastown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thomastown work in a trades occupation.In 2021, 67.80% of the homes in Thomastown were owner-occupied compared with 68.50% in 2016.

Thomastown has 12,110 properties. Over the last 5 years, Houses in Thomastown have seen a 23.78% increase in median value, while Units have seen a 23.31% increase. As at 31 October 2025:

• The median value for Houses in Thomastown is $782,254 while the median value for Units is $536,082.
• Houses have a median rent of $520 while Units have a median rent of $465.