Suburb Profile Report for Thornleigh NSW (2120)

Thornleigh House: Median price $1,291,000, Annual capital growth 9.21%, Number of sales 110, Weekly median advertised rent $630

Thornleigh Unit: Median price $922,500, Annual capital growth 6.88%, Number of sales 48, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1060th in the list of Australian suburbs ordered by increase in median house value over the last year, Thornleigh, 2120 is in the top 30% with a property value increase of 12.51% recorded in median house prices.

A 83.77% growth in median value for property investors in Thornleigh,2120 puts this suburb at number 416th in terms of best performing suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Thornleigh itself are offering an average vendor discount of -3.01% to real estate investors.

Advertised rents are around the $630 mark per week – giving a return of 2.54% based on the median price in Suburb

Investment property in Thornleigh has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.14%

Thornleigh,2120 was ranked 1021 in Australia by increase in median property value over the quarter.

Vendor discounting in Thornleigh is giving property investors an average Vendor Discount of around -1.56%. This puts suburb at number 446th in NSW when ranking the most discounted suburbs.

On average over the past year, suburb has had 4.00 sales per month, which equates to 48 per year.

Metrics i HOUSE UNIT
$1,291,000 $922,500
4.62% 0.11%
12.51% 11.14%
9.21% 6.88%
$630 $600
110 48
2.54% 3.38%
35.85 53.05

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