Suburb Profile Report for Thornleigh NSW (2120)

Thornleigh House: Median price $1,205,000, Annual capital growth 8.68%, Number of sales 102, Weekly median advertised rent $630

Thornleigh Unit: Median price $925,000, Annual capital growth 6.52%, Number of sales 35, Weekly median advertised rent $580

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Thornleigh, 2120 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.88%

Thornleigh,2120 was ranked 820 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -4.37% to buyers in Thornleigh at the moment, which is less than average for the rest of NSW.

Situated 19.61km from the CBD, Thornleigh is one of Hornsby localities in the postcode 2120.

With a capital gain of 20.13% for the last 12 months, Thornleigh, 2120 has performed for property investments than its average annual 6.52% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Thornleigh has increased when compared to the 5 year average annual rate.

Vendor discounting in Thornleigh is giving property investors an average Vendor Discount of around -0.85%. This puts suburb at number 468th in NSW when ranking the most discounted suburbs.

In the last year 35 properties changed hands in Thornleigh, which puts it as the 341th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Thornleigh being $925000 and the advertised rent reaching $580 the gross rental yield for property investors calculates out to be 3.26%

HOUSE UNIT
$1,205,000 $925,000
4.28% 5.59%
3.88% 20.13%
8.68% 6.52%
$630 $580
102 35
2.72% 3.26%
49.9 44.88

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 8114
Median household income ($/weekly) 1964
Median age of persons 38
Median housing loan repayment ($/monthly) 2600
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1158 14.3
    25-34 years 854 10.5
    35-44 years 1366 16.8
    45-54 years 1178 14.5
    55-64 years 861 10.6
    Others 2697 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 3494 58.9
    Not Married 2149 36.2
    Defacto Relationship 294 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5446 69.2
    Croatia 257 3.3
    Indonesia 232 2.9
    United Kingdom 400 5.1
    Other 404 5.1
    Others 1133 14.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 199 2.6
    Christianity 5207 68.1
    Hinduism 254 3.3
    Other Religious Groups 76 1.0
    No Religion 1825 23.9
    Others 80 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 283 11.7
    $2,000-$2,499 246 10.2
    $2,500-$2,999 366 15.1
    $3,000-$3,499 256 10.6
    $4,000 or more 193 8.0
    Others 1073 44.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2574 41.8
    Not in the labour force 1956 31.7
    Employed, worked part-time 1223 19.8
    Employed, away from work 236 3.8
    Unemployed, looking for work 176 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 613 15.2
    Professionals 1445 35.8
    Technicians & trades workers 382 9.5
    Clerical & administrative workers 639 15.8
    Sales 306 7.6
    Others 649 16.1
    Occupation
    Census Count Percent(%)
    Pre-school 212 9.6
    Infants/Primary 770 34.7
    Secondary 624 28.1
    Technical or Further Educational Institution 143 6.4
    University or other Tertiary Institutions 415 18.7
    Others 55 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7188 93.1
    Semi-detached, row or terrace house, townhouse 424 5.5
    Flat, unit or apartment 102 1.3
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1187 44.9
    Fully owned 952 36.0
    Rented 495 18.7
    Other tenure type 8 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals