With a capital gain of -0.42% for the last 12 months, Thornton, 2322 has performed for property investments than its average annual 3.31% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Thornton has given property investors a paper return of 0.00%. This puts Suburb as 1124 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Thornton should be aiming for at least -3.14% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 232 properties changed hands in Thornton, which puts it as the 39th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.31%, investors should hope to achieve an overall return of 4.16%