Property investors who have had real estate in Thorneside, 4158 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.30%
Across a shorter period, Thorneside, 4158 has seen a median price increase of -1.25% over the last quarter.
Thorneside, 4158 is offering QLD ‘s 675th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.
With the median price for a house in Thorneside being $513500 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.25%
Thorneside, 4158 ranked 221th in QLD when comparing growth in median property values or capital gain over the last 12 months. Thorneside is one of 2415 in our list for QLD
While Thorneside,4158 ranked number 197th in QLD for increase in median house value (annualised) increase, it is ranked 145th over the last 5 years.
Vendor discounting in Thorneside is giving property investors an average Vendor Discount of around -4.42%. This puts suburb at number 249th in QLD when ranking the most discounted suburbs.
In the last year 42 properties changed hands in Thorneside, which puts it as the 200th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $350 mark per week – giving a return of 5.95% based on the median price in Suburb