Thomastown vs Yeodene
Property investment comparison - Thomastown, VIC 3074 vs Yeodene, VIC 3249
Head-to-head across core investment metrics: Thomastown wins 1, Yeodene wins 1. 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 | Thomastown | Yeodene |
|---|---|---|
| Median house price | $780K | $780K |
| Median unit price | $610K | - |
| Gross rental yield (houses) | 3.62% | 2.96% |
| Gross rental yield (units) | 4.16% | - |
| 1-year house growth | +5.1% | - |
| 3-year house growth | +14.3% | - |
| Vacancy rate | 1.1% | 0.9% |
| Population | 20,234 | 107 |
Thomastown vs Yeodene: what the numbers say
Houses cost about the same in both suburbs: the median house price is $780K in Thomastown and $780K in Yeodene.
On cash flow, Thomastown leads: houses there return a gross rental yield of 3.62%, compared with 2.96% in Yeodene, a gap of 0.66 percentage points.
Rental vacancy is 0.9% in Yeodene and 1.1% in Thomastown, so landlords in Yeodene face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Thomastown is the bigger suburb, with a population of 20,234 against 107, roughly 189 times the size of Yeodene; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Thomastown for rental income, Yeodene for the tighter rental market. 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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