2. VIC
  3. Greater Geelong

Houses Units

Here you can find what you need to know about Thomson, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$523K Median Sale Price (National Average $485k) 597th In VIC
-5.34% Median Sale Price Change (1yr) (National Average 4.30%) 738th In VIC
$423pw Median Rent (National Average $395) 549th In VIC
4.2% Median Gross Yield (National Average 4.24%) 137th In VIC
Properties sold 38
Average discounting -5.00%
Average Days on Market 43
Stock on Market 11 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Thomson, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Thomson, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Thomson, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Thomson


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Thomson, VIC 3219

Part of: Greater Geelong Council No data available

The size of Thomson is approximately 1 square kilometres. It has 3 parks covering nearly 15.9% of total area. The population of Thomson in 2011 was 1,533 people. By 2016 the population was 1,609 showing a population growth of 5.0% in the area during that time. The predominant age group in Thomson is 20-29 years. Households in Thomson are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Thomson work in a professional occupation. In 2011, 49.6% of the homes in Thomson were owner-occupied compared with 45.3% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Thomson

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Thomson   for Houses in last 12 months


There have been 38 Houses sold in Thomson in the past 12 months with a median sale price of $523K, down 5.3% annually. It takes on average 24 days to sell with vendor discounting of -5.0%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Thornbury VIC, 3071 1.06% $1,435,000 $720pw 2.6% View Suburb Profile
East Geelong VIC, 3219 -8.17% $770,000 $498pw 3.4% View Suburb Profile
Newcomb VIC, 3219 -0.48% $569,000 $440pw 4.0% View Suburb Profile
Junortoun VIC, 3551 -4.17% $862,500 $600pw 3.6% View Suburb Profile
Croydon VIC, 3136 6.82% $940,000 $600pw 3.3% View Suburb Profile
Millswood SA, 5034 13.14% $1,872,500 Unavailable Unavailable View Suburb Profile

Currency

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