Suburb Profile Report for Thorneside QLD (4158)

Thorneside House: Median price $519,000, Annual capital growth 5.16%, Number of sales 60, Weekly median advertised rent $420

Thorneside Unit: Median price $312,000, Annual capital growth 3.71%, Number of sales 41, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.38% which means that Thorneside, 4158 has done well for property investors by showing a capital gain of 10.31% over the last year

While Thorneside,4158 ranked number 417th in QLD for increase in median house value (annualised) increase, it is ranked 97th over the last 5 years.

The most recent median price for Thorneside is $519000, with sellers offering an average of -4.84% off the asking price.

Thorneside, 4158’s gross rental yield is 4.21%

At number 1333th in the list of Australian suburbs ordered by increase in median house value over the last year, Thorneside, 4158 is in the BOTTOM 30% with a property value increase of -3.11% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Thorneside comes in at number 252th in QLD.

Vendor discounting in Thorneside is giving property investors an average Vendor Discount of around -5.33%. This puts suburb at number 181th in QLD when ranking the most discounted suburbs.

Residents and property investors in Thorneside have been waiting around 84.48 days to sell a property.

Situated 17.27km from the CBD, Thorneside is one of Redland localities in the postcode 4158.

Metrics i HOUSE UNIT
$519,000 $312,000
0.48% 0.65%
10.31% -3.11%
5.16% 3.71%
$420 $350
60 41
4.21% 5.83%
66.39 84.48

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
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Demographics
Total population 3547
Median household income ($/weekly) 1159
Median age of persons 38
Median housing loan repayment ($/monthly) 1859
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 384 10.8
    25-34 years 527 14.9
    35-44 years 472 13.3
    45-54 years 532 15.0
    55-64 years 486 13.7
    Others 1147 32.3
    Age Group
    Census Count Percent(%)
    Not Married 1176 43.7
    Registered Married 1110 41.3
    Defacto Relationship 404 15.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2635 77.8
    Italy 23 0.7
    Papua New Guinea 226 6.7
    United Kingdom 243 7.2
    Other 99 2.9
    Others 160 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 0.7
    Christianity 2246 69.3
    Hinduism 12 0.4
    Other Religious Groups 30 0.9
    No Religion 914 28.2
    Others 13 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 139 10.4
    $600-$799 158 11.8
    $1,000-$1,249 154 11.5
    $1,500-$1,999 165 12.4
    $2,000-$2,499 140 10.5
    Others 579 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1214 43.6
    Not in the labour force 807 29.0
    Employed, worked part-time 542 19.5
    Employed, away from work 115 4.1
    Unemployed, looking for work 107 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 206 11.0
    Professionals 281 15.0
    Technicians & trades workers 305 16.3
    Clerical & administrative workers 333 17.8
    Labourers 223 11.9
    Others 520 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 47 7.1
    Infants/Primary 256 38.6
    Secondary 163 24.6
    Technical or Further Educational Institution 74 11.2
    University or other Tertiary Institutions 102 15.4
    Others 21 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2446 72.5
    Semi-detached, row or terrace house, townhouse 714 21.2
    Flat, unit or apartment 204 6.0
    Caravan, cabin, houseboat 11 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 536 37.6
    Rented 463 32.5
    Fully owned 422 29.6
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals