Suburb Profile Report for Thornton NSW (2322)

Thornton House: Median price $479,000, Annual capital growth 4.18%, Number of sales 196, Weekly median advertised rent $370

Thornton Unit: Median price $292,500, Annual capital growth 4.73%, Number of sales 11, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a solid capital gain of 14.05% for the last year, Thornton, 2322 is the 569th highest performer in Australia in this respect.

Over the longer term, Thornton has seen property prices show investors a 23.77% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Thornton 2322 should be seeing an average reduction in asking price of around -3.59% . This means that Thornton is holding prices well when compared to other suburbs in NSW.

A $370 per week rent on the median house gives suburb investors a gross yield of circa 4.02%, without taking into account capital value appreciation, which has been averaging out at 4.18%.

NSW has seen average median house prices change by 6.59% which means that Thornton, 2322 has done well for property investors by showing a capital gain of 0.86% over the last year

While Thornton,2322 ranked number 281th in NSW for increase in median house value (annualised) increase, it is ranked 498th over the last 5 years.

A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.69%, without taking into account capital value appreciation, which has been averaging out at 4.73%.

HOUSE UNIT
$479,000 $292,500
0.42% 0.43%
14.05% 0.86%
4.18% 4.73%
$370 $320
196 11
4.02% 5.69%
66.64 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 7861
Median household income ($/weekly) 1629
Median age of persons 34
Median housing loan repayment ($/monthly) 1800
Average household size 3
  • Census Count Percent(%)
    5-14 years 1245 15.8
    25-34 years 1041 13.2
    35-44 years 1277 16.2
    45-54 years 1180 15.0
    55-64 years 820 10.4
    Others 2298 29.2
    Age Group
    Census Count Percent(%)
    Registered Married 3229 57.3
    Not Married 1820 32.3
    Defacto Relationship 591 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 7015 92.4
    Papua New Guinea 75 1.0
    Philippines 32 0.4
    United Kingdom 214 2.8
    Other 55 0.7
    Others 198 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 0.4
    Christianity 6032 82.0
    Islam 35 0.5
    Other Religious Groups 31 0.4
    No Religion 1214 16.5
    Others 14 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 204 8.9
    $1,250-$1,499 213 9.3
    $1,500-$1,999 388 16.9
    $2,000-$2,499 312 13.6
    $2,500-$2,999 271 11.8
    Others 914 39.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2635 45.4
    Not in the labour force 1552 26.7
    Employed, worked part-time 1166 20.1
    Employed, away from work 277 4.8
    Unemployed, looking for work 180 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 587 14.4
    Technicians & trades workers 773 18.9
    Clerical & administrative workers 663 16.3
    Sales 421 10.3
    Machinery operators & drivers 420 10.3
    Others 1216 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 199 9.5
    Infants/Primary 838 40.0
    Secondary 595 28.4
    Technical or Further Educational Institution 193 9.2
    University or other Tertiary Institutions 225 10.7
    Others 45 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7368 97.0
    Semi-detached, row or terrace house, townhouse 204 2.7
    Flat, unit or apartment 21 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1410 55.5
    Fully owned 669 26.3
    Rented 454 17.9
    Other tenure type 8 0.3
    Tenure Type
Census 2011, ABS
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