Hansonville vs Thomastown
Property investment comparison - Hansonville, VIC 3675 vs Thomastown, VIC 3074
Head-to-head across core investment metrics: Hansonville wins 1, Thomastown wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Hansonville | Thomastown |
|---|---|---|
| Median house price | $785K | $780K |
| Median unit price | $500K | $610K |
| Gross rental yield (houses) | 3.16% | 3.62% |
| Gross rental yield (units) | 3.60% | 4.16% |
| 1-year house growth | - | +5.1% |
| 3-year house growth | - | +14.3% |
| Vacancy rate | - | 1.1% |
| Population | 155 | 20,234 |
Hansonville vs Thomastown: what the numbers say
The median house price is $785K in Hansonville and $780K in Thomastown, so Thomastown is the cheaper entry point, with Hansonville houses about 1% dearer.
For units, Hansonville sits at a median of $500K against $610K in Thomastown, which makes Hansonville the more affordable unit market and Thomastown the pricier one.
On cash flow, Thomastown leads: houses there return a gross rental yield of 3.62%, compared with 3.16% in Hansonville, a gap of 0.46 percentage points.
Thomastown is the bigger suburb, with a population of 20,234 against 155, roughly 131 times the size of Hansonville; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Thomastown for rental income, Thomastown for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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