Why We Love Thomastown
Thomastown features parks, schools, shops and sporting clubs, offering plenty of chances to get outdoors. Only 20 minutes from the airport, the suburb offers easy access to the city and a relaxed style of life for residents.
From its humble beginnings as a rural town, today Thomastown has become a desirable destination for those looking to buy in Melbourne’s northern suburbs.
Location
Thomastown is situated in the City of Whittlesea district, surrounded by suburbs like Preston, Broadmeadows, Mill Park and Bundoora. It’s only one suburb away from Tullamarine where Melbourne’s major airport is located, making it a great option for frequent travellers.
The suburb is around 14.8 square kilometres, which includes 14 different parks. Thomastown has both residential and industrial areas, with factories in the south and different types of residential housing throughout.
it is crossed by the Metropolitan Ring Road which gives it excellent access to the rest of Melbourne, as well as the Hume Freeway in the west. The Epping railway line stops in Thomastown and there are plenty of options for buses.
People
According to the most recent census in 2016, Thomastown has a population of 20,482. The median age of the residents is 38 years old, with a mix of ages and life stages represented – from the children aged 0 – 14 years who make up 16.4% of the population to the people aged 65 years and over who make up 20.1% of the population.
Thomastown is also an area with a multicultural heritage. While the most common birthplace for residents is Australia, there are many nationalities and cultural heritages represented in the area. The suburb has a large percentage of families, 77.5% being family households, 20.1% single person households and 2.5% group households.
The most common occupations were Labourers at 16.9%, Technicians and Trades Workers at 15.3% of the population, Machinery Operators and Drivers at 13.2%, Clerical and Administrative Workers representing 12.1%, and Professionals who make up 11.8% of the working population. The personal weekly income is $425, compared to a national average of $662.
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Lifestyle
While there are shops and plenty of food options Thomastown is not a suburb that will provide a great deal of nightlife and fine dining. However, with easy access to other parts of Melbourne it’s always possible to go somewhere close by if the mood takes you. For those that prefer a quieter lifestyle, Thomastown provides many interesting lifestyle options.
The Galada Tamboore Path to the west and the Metropolitan Ring Road Trail to the south provide facilities for recreational and commuting cyclists. Edgars Creek and the Edgars Creek Trail follows a park and provides a beautiful reason to get outside.
AFL is well represented by the Thomastown Football Club, which competes in the Northern Football League. There are 5 sporting ovals throughout the suburb, such as the Thomastown East Recreational Reserve and Nick Ascenzo Park. The Whittlesea library is located near the Thomastown Recreation and Aquatic Centre. Thomastown also hosts the annual Whittlesea Community festival, which showcases local talent and provides entertainment, food and crafts.
Homes
There are a range of housing options in Thomastown. 85.4% of the homes in the suburb are separate houses, 8.5% are semi-detached, row or terrace houses or townhouses, 5.8% are flats or apartments leaving 0.1% that are other types of dwelling. 44.1% of these houses are owned outright, 24.4% are owned with a mortgage owing and 26.7% are rented.
The median sale price of a house in Thomastown is $588,000 for houses and $438,000 for units. , with a median rent of $380 per week for houses and $345 for units. That represents a 3.4% median gross yield. Houses in Thomastown spend an average of 78 days on the market, and homeowners are likely to be paying $1400 to $1799 per month on their mortgage repayments.
Relaxing in Thomastown
Like many Melbourne suburbs, Thomastown offers green spaces, a library, great public transport and a number of schools. What sets it apart is the quiet feel of the area – away from the main roads, streets are tranquil and secure. While the suburb offers plenty of shopping and dining options, any serious shoppers or people in search of nightlife will probably have to look outside the area.
A great option for people from all walks of life, Thomastown provides a relatively inexpensive option when compared to Melbourne’s inner city fringe suburbs, while still being close enough to reap the benefits of city life.
For someone looking at a well-connected but laid-back area that is within reach of the Melbourne CBD, Thomastown is worth mentioning as a great option for a relaxed style of living. If you would like more information about Thomastown or surrounding suburbs, let the experts at Love & Co. help guide you to find the perfect area for you.