Thinking about buying in Thomas Plain? Now could not be a better time, with just 38 residential dwellings it's a highly sought after location.
Distance to the coast is 21 Km.
In Thomas Plain there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Thomas Plain is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Thomas Plain leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Thomas Plain necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Thomas Plain we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Thomas Plain a better buying opportunity than it may have been in the past.
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None within suburb boundary(While the above schools are located with the suburb of Thomas Plain there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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