Suburb Profile Report for Thorneside QLD (4158)

Thorneside House: Median price $505,000, Annual capital growth 4.49%, Number of sales 60, Weekly median advertised rent $420

Thorneside Unit: Median price $305,000, Annual capital growth 3.07%, 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 value increases in Thorneside have tracked lower than the QLD average of 2.45% over the last 12 months.

If we look at median property appreciation over just the last three months, Thorneside has given property investors a paper return of -2.51%. This puts Suburb as 699 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Thorneside is $505000, with sellers offering an average of -4.57% off the asking price.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.32%, without taking into account capital value appreciation, which has been averaging out at 4.49%.

QLD has seen average median house prices change by 0.29% which means that Thorneside, 4158 has done well for property investors by showing a capital gain of 0.58% over the last year

Thorneside,4158 was ranked 489 in Australia by increase in median property value over the quarter.

At number 246th of QLD’s most discounted properties, Thorneside is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Situated 17.12km from the CBD, Thorneside is one of Redland localities in the postcode 4158.

Metrics i HOUSE UNIT
$505,000 $305,000
-2.51% 2.87%
-8.18% 0.58%
4.49% 3.07%
$420 $350
60 42
4.32% 5.97%
59.11 74.32

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
Chart Table
Recent sales & rentals