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.