Thomastown
The median rent for a 2-bedroom unit in Thomastown is $450 a week for leases that started in the year to September 2025, up 4.7% on a year earlier. That is 18% below the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $772,500 for a house and $635,000 for a unit. A year of rent for that home is about 4.0% of its median sale price (gross rental yield). The rent data covers Thomastown-Lalor as one area, so these rent figures are shared by Lalor, Thomastown.
Median rent in Thomastown
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $375* | +7.1% | 19 |
| 2-bedroom unit | $450 | +4.7% | 196 |
| 3-bedroom unit | $501 | +0.6% | 74 |
| 2-bedroom house | $470 | +6.8% | 43 |
| 3-bedroom house | $510 | +4.1% | 510 |
| 4-bedroom house | $590 | +5.4% | 65 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $772,500 | Mar 2026 quarter |
| Unit | $635,000 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Dandenong $450 a week
- Epping $450 a week
- Gladstone Park $450 a week
- Mill Park $450 a week
- Pakenham $450 a week
- Sydenham $450 a week