Thornton, 2322 ranked 210th in NSW when comparing growth in median property values or capital gain over the last 12 months. Thornton is one of 3162 in our list for NSW
Taking the average capital gain, or increase in median house value, Thornton,2322 has racked up an average of 18.02% over the period. This ranks it number 1446th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Thornton is $478000, with sellers offering an average of -3.49% off the asking price.
At number 1421 in a list of fastest selling suburbs, Thornton is in the TOP 40% of suburbs in Australia with an average of days on market 68.11 for properties listed there.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 4.03%, without taking into account capital value appreciation, which has been averaging out at 3.99%.
Thornton has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.88% to date .
Advertised rents are around the $320 mark per week – giving a return of 5.69% based on the median price in Suburb