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Thomas St, Ashfield NSW 2131

Street

Street Summary

Thomas St, Ashfield NSW 2131 is an arterial road with a 50km/h limit where 92% of residences are located. The street is predominantly apartment living at 69%, with houses making up 31%. This street sits below the suburb's house median. 33 homes sit level with the street. Four homes are heritage-listed, 27 are in a flood overlay, and 10 are recommended for a flood check. Recent apartment activity includes 4 sales in the last year and a 21.7% turnover rate over 5 years.


PART 1
Street Profile

Property Type Mix

The mix of houses and apartments (units) that make up the Thomas St, Ashfield NSW 2131 property market.

Houses vs Apartments120 total lots
30.8%
69.2%
Houses (30.8%)
Apartments (69.2%)
Townhouses/Villas/Unclassified (0%)

Street Class & Speed Limit

The road classification and posted speed limit along Thomas St, Ashfield NSW 2131. Road class and speed limit can each vary from section to section; the dominant setting along the street is shown here.

Dominant road class & speed limitARTERIAL ROAD · 50 km/h91.7% of properties front this section

PART 2
Houses

"Houses" in this report includes detached houses, duplexes, and terraces.

Land Topography

How house lots on Thomas St, Ashfield NSW 2131 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.

High-side vs low-side house lots
Flat
33 lots
High-side (1m above)
Flat
Low-side (1m below)

Risks &Overlays

See which key planning overlays and environmental risks affect this street before you buy.

Heritage
4 houses affected
Bushfire
0 houses affected
Flood
27 houses affected
High voltage power line
0 houses affected

Street Sales - Houses

Actual house sales on Thomas St, Ashfield NSW 2131 over the past 5 years, plotted against the Ashfield NSW 2131 median house price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$1.3M$2.5M$3.8M$5.0MSept 21May 23Jan 25Sept 26$1.8M · 2022$2M · 2023$2.1M · 2024$2.2M · 2025$2M · 2026$3.3M · 2023-11-11 · 15 THOMAS ST, ASHFIELD NSW 2131$1.4M · 2024-12-19 · 16 THOMAS ST, ASHFIELD NSW 2131$2M · 2022-12-09 · 17 THOMAS ST, ASHFIELD NSW 2131$1.8M · 2024-08-22 · 18 THOMAS ST, ASHFIELD NSW 2131$1.3M · 2023-04-24 · 20 THOMAS ST, ASHFIELD NSW 2131
Street price-27%vs suburb median
Turnover rate16.2%Past 5 years

PART 3
Apartments

Street Sales - Apartments

Actual apartment (unit) sales on Thomas St, Ashfield NSW 2131 over the past 5 years, plotted against the Ashfield NSW 2131 median apartment price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$250k$500k$750k$1.0MSept 21May 23Jan 25Sept 26$730k · 2022$758k · 2023$827k · 2024$865k · 2025$885k · 2026$460k · 2022-07-26 · 9/49 THOMAS ST, ASHFIELD NSW 2131$605k · 2026-02-13 · 9/49 THOMAS ST, ASHFIELD NSW 2131$245k · 2022-03-01 · 8/49 THOMAS ST, ASHFIELD NSW 2131$505k · 2025-01-09 · 8/49 THOMAS ST, ASHFIELD NSW 2131$500k · 2023-08-08 · 7/49 THOMAS ST, ASHFIELD NSW 2131$930k · 2026-08-04 · 2/22 THOMAS ST, ASHFIELD NSW 2131$835k · 2025-10-10 · 502/2 THOMAS ST, ASHFIELD NSW 2131$700k · 2025-05-08 · 7/2 THOMAS ST, ASHFIELD NSW 2131$635k · 2024-09-24 · 4/2 THOMAS ST, ASHFIELD NSW 2131$850k · 2023-09-25 · 202/2 THOMAS ST, ASHFIELD NSW 2131$800k · 2025-06-25 · 305/2 THOMAS ST, ASHFIELD NSW 2131$739k · 2025-05-02 · 403/2 THOMAS ST, ASHFIELD NSW 2131$731k · 2025-09-12 · 102/2 THOMAS ST, ASHFIELD NSW 2131$550k · 2023-06-12 · 106/2 THOMAS ST, ASHFIELD NSW 2131$581k · 2024-03-15 · 106/2 THOMAS ST, ASHFIELD NSW 2131$895k · 2024-06-25 · 203/2 THOMAS ST, ASHFIELD NSW 2131$800k · 2025-01-14 · 404/2 THOMAS ST, ASHFIELD NSW 2131$620k · 2026-03-06 · 8/2 THOMAS ST, ASHFIELD NSW 2131$720k · 2026-07-01 · 304/2 THOMAS ST, ASHFIELD NSW 2131
Apartment sales6Past 12 months
Turnover rate21.7%Past 5 years

Largest Apartment Projects

The largest apartment projects on Thomas St, Ashfield NSW 2131, ranked by number of lots.

1
2 THOMAS ST, ASHFIELD NSW 2131Small-Medium project (20-50 lots)
2
49 THOMAS ST, ASHFIELD NSW 2131Small-Medium project (20-50 lots)
3
22 THOMAS ST, ASHFIELD NSW 2131Small project (<20 lots)

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Living in Thomas St, Ashfield NSW 2131 : Street Profile & FAQs

Common questions about living on and buying property on Thomas St, Ashfield NSW 2131 — lifestyle, transport, and the local housing market.

Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.

Is Thomas St an expensive or affordable street relative to Ashfield?

House prices on Thomas St sit 26.77% below the Ashfield suburb house median. This indicates that the street is generally more affordable than the suburb average for houses. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

What are the risk and overlay factors on Thomas St?

There are 4 heritage-listed properties on Thomas St, meaning renovations or exterior changes may require additional council approval. There are 27 properties within a flood overlay and 10 recommended for a flood check, so buyers should review council mapping, flood reports, and insurance costs. There are 0 properties in other flood classifications, 0 in a bushfire zone, and 0 near high-voltage powerlines.

Are properties on Thomas St mostly on high, level or low ground?

33 homes sit level with the street. There are 0 homes sitting above the street and 0 sitting below the street. This means the street has a uniform profile where all known site heights are level with the street. Buyers should assess the specific property rather than relying on the street average.

What type of road is Thomas St?

Thomas St is an arterial road with a 50 km/h speed limit. 91.7% of the residential properties on the street front this dominant road section. As an arterial road, it generally carries more through traffic than local or collector streets, which may influence noise or traffic levels for homes along this corridor.

Is Thomas St mostly houses or apartments?

There are 120 residential properties on Thomas St. Houses make up 30.8% of the street, while apartments make up 69.2%. Because the apartment share is significantly larger than the house share, the street is predominantly apartments.

What are the major apartment developments on Thomas St?

The major apartment developments on Thomas St include 2 Thomas St (40 lots, 8 levels, built in 2018), 49 Thomas St (21 lots, 2 levels, built in 1980), and 22 Thomas St (9 lots, 2 levels, built in 2004). These developments contribute to the street's higher-density residential character.

How many properties have sold on Thomas St?

In the past 12 months, 0 houses and 4 apartments have sold on Thomas St. The 5-year turnover rate is 16.2% for houses and 21.7% for apartments. Turnover measures the proportion of properties that changed ownership during the past five years.

Is Thomas St a good street to buy property on?

Thomas St is best suited for buyers comfortable with an arterial road environment and those looking for apartments, which make up 69.2% of the street. It offers a more affordable entry point for houses relative to the Ashfield median, though there are 4 heritage-listed homes that may limit renovation flexibility. Buyers should consider the 50 km/h traffic and the specific flood overlay mapping before purchasing.