Suburb Profile Report for Thorneside QLD (4158)

Thorneside House: Median price $513,500, Annual capital growth 4.97%, Number of sales 58, Weekly median advertised rent $420

Thorneside Unit: Median price $305,750, Annual capital growth 3.13%, Number of sales 42, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

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

Metrics i HOUSE UNIT
$513,500 $305,750
-1.25% -0.24%
-3.30% -1.37%
4.97% 3.13%
$420 $350
58 42
4.25% 5.95%
65.28 71.25

Source: CoreLogic

DSR Score for property investment : Above average (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
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