Thomson, VIC 3219
Thomson property market
Thomson's busiest market is house rentals, with 59 leases at $455 a week (up) as of July 2026, renting out in about 24 days, with rents growing faster than most house rental markets in Victoria, with 3-bedroom the most common at around two-thirds.
House sales come next, with 31 sales at around $610k (up), taking about 25 days to sell (up from 24 days last year), among Victoria's strongest house price gains, with 3-bedroom the most common at around two-thirds. Followed by 14 unit rentals at $435 a week and 13 unit sales at around $514k.
Who lives hereA low-income, renter-majority, mixed-age suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Thomson demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Thomson?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Thomson
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Thomson
Incomes, employment, and the occupation mix of the people who live here.
A typical household earns about 1.6× the typical individual here.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Thomson
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Thomson
No school inside Thomson itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- No schools within 5 km — widen the radius.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Thomson median house price & rent
Headline price, rent, yield and time on market for Thomson — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Thomson property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Thomson
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Thomson against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Thomson in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Thomson — Units & Houses, all bedrooms
Thomson median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Thomson fell from $383k (Jul 2021) to $319k (Jun 2026) — a 16.6% decline over five years — peaking at $542k between Jun 2025 and May 2026. Median house rent went from $184/wk to $343/wk (+86.4%) over the same period. For units, the median sale price rose from $237k to $395k (+67.0%), with rent up from $227/wk to $324/wk (+42.7%) over the same period.
Suburbs near Thomson: prices compared
The nearest suburbs to Thomson, ranked by distance — each lined up against Thomson on the same measures, so the differences jump out at a glance.
Suburbs like Thomson
Suburbs anywhere in VIC that behave like Thomson — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Thomson vs Coolaroo: the closest sales-market match trades at a median of $446k against Thomson's $457k — about 3% lower, with homes selling in 15 days versus 26 days here.
Comparable sales markets to Thomson: Coolaroo property growth, Ballarat North property growth, Campbellfield property market, Invermay Park property market and Jacana market trends.
Thomson's closest rental-market twins: Invermay Park property market, Ballarat North property growth, Coolaroo property growth, Jacana (VIC 3047) and Campbellfield property market. Each link opens that suburb's full market report.
Frequently asked · Thomson
26 data-driven answers about Thomson's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Thomson?
#The median house price in Thomson, VIC 3219 is $457k as of June 2026, based on 8 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Thomson?
#The median unit price in Thomson, VIC 3219 is $457k as of June 2026, based on 8 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Thomson?
#The median weekly house rent in Thomson is $326 as of June 2026, drawn from 10 leases over the past 12 months. Units rent for around $326 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Thomson?
#A 3 bedroom house in Thomson rents for a median $326 per week as of June 2026, drawn from 10 leases over the past 12 months. Across other house sizes: 2-bedroom $326/week, 4-bedroom $326/week. Unit rents: 1-bedroom $326/week, 2-bedroom $326/week, 3-bedroom $326/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Thomson?
#Gross rental yield in Thomson is 3.52% for houses and 3.52% for units as of June 2026, compared with the VIC unit median of 3.21%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Thomson?
#As of June 2026, Thomson medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $457k | $457k | $457k | $457k |
| Units | $457k | $457k | $457k | — | $457k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Thomson median?
#At the median Thomson house ($457k purchase, $326/week rent), weekly mortgage repayments sit at roughly $473 — about $147 more per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Thomson's property market trends?
#Thomson's property market trends to June 2026: house prices rose +50.0% year-on-year and units +0.5%; weekly house rents moved +50.0%; homes now sell in a median 26 days — faster than a year ago by 44; sales supply sits at 1.6 months (severe). Read together — price, rent, selling speed and supply — they show which way the Thomson market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Thomson as an investment?
#As of June 2026 in Thomson, house prices rose +50.0% over the year, gross rental yield is 3.52% against a VIC median of 3.37%, houses take a median 26 days to sell, sales supply is 1.6 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Thomson?
#Houses in Thomson sell in a median 26 days on market as of June 2026, with units clearing slightly similarly at 26 days. Days on market have tightened by 44 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Thomson a tight or loose property market right now?
#Thomson's sales market sits at 1.6 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 2.6 months of supply.
Have property prices in Thomson gone up or down?
#House prices in Thomson moved +50.0% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Thomson?
#Thomson's house rental market sits at 2.6 months of supply as of June 2026 — classified as Saturated (extreme oversupply), with 12 houses leased over the past 12 months. Units sit at 1.3 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Thomson in its property market cycle?
#Thomson's house market is currently in the 'softer_weakening' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Thomson compare to other VIC suburbs?
#Thomson's median house price ($457k) is 16% below the VIC median ($547k) as of June 2026. On selling speed, houses clear in 26 days vs 16 days state median. On gross yield, Thomson sits at 3.52% vs 3.37% state median.
How does Thomson compare to neighbouring suburbs?
#Thomson's most-similar nearby market is Coolaroo (57.5 km away) with a median house price of $446k — about 3% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Thomson?
#The most-transacted segment in Thomson over the 12 months to June 2026 is 2 bed houses with 6 sales. 3 bed houses come second at 6 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Thomson last year?
#Thomson recorded 6 house sales and 6 unit sales over the 12 months to June 2026 — a combined 12 transactions. On the rental side, 12 houses and 12 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Thomson in?
#Thomson is in postcode 3219, in the Geelong region of VIC. Addresses there are written as Thomson, VIC 3219.
What is the population of Thomson?
#Thomson, VIC 3219 is home to 1,237 residents (ABS Census 2021). The median resident age is 33, and the average household holds 1.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Thomson?
#The median household in Thomson earns $917 per week — roughly $48k a year (ABS Census 2021). Median personal income runs $564/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Thomson?
#The unemployment rate in Thomson is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Thomson?
#Thomson is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Thomson?
#Thomson has 89 schools within reach — including Geelong East Primary School, MacKillop Specialist School, Tate Street Primary School Geelong. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Thomson a good place to live?
#Thomson, VIC 3219 has a population of 1,237, a median age of 33, a median household income around $917/week, 50% of households renting (ABS Census 2021). There are 89 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Thomson market data last updated?
#This Thomson market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.