Suburb Profile Report for Thornlands QLD (4164)

Thornlands House: Median price $597,500, Annual capital growth 3.38%, Number of sales 321, Weekly median advertised rent $495

Thornlands Unit: Median price $150,000, Annual capital growth -30.95%, Number of sales 18, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Thornlands, 4164 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 6.18%.

A 13.81% growth in median value for property investors in Thornlands,4164 puts this suburb at number 288th in terms of best performing suburbs in QLD

Our latest figures would indicate that property sellers in Thornlands are currently offering property investors an average price cut of -5.83% below the asking price at the moment.

A $495 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 3.38%.

Metrics i HOUSE UNIT
$597,500 $150,000
1.44% N/A
6.18% N/A
3.38% -30.95%
$495 $400
321 18
4.31% 13.87%
75.19 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 12806
Median household income ($/weekly) 1704
Median age of persons 38
Median housing loan repayment ($/monthly) 2200
Average household size 3
  • Census Count Percent(%)
    5-14 years 2034 15.9
    25-34 years 1192 9.3
    35-44 years 1937 15.1
    45-54 years 2100 16.4
    55-64 years 1426 11.1
    Others 4119 32.2
    Age Group
    Census Count Percent(%)
    Registered Married 5378 58.2
    Not Married 3083 33.3
    Defacto Relationship 786 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 8985 72.9
    Papua New Guinea 723 5.9
    South Africa 262 2.1
    United Kingdom 1409 11.4
    Other 358 2.9
    Others 582 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 117 1.0
    Christianity 9105 77.1
    Islam 47 0.4
    Other Religious Groups 36 0.3
    No Religion 2462 20.9
    Others 39 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 284 7.8
    $1,250-$1,499 302 8.3
    $1,500-$1,999 512 14.2
    $2,000-$2,499 480 13.3
    $2,500-$2,999 469 13.0
    Others 1571 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4205 43.8
    Not in the labour force 2745 28.6
    Employed, worked part-time 2009 20.9
    Employed, away from work 336 3.5
    Unemployed, looking for work 300 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 914 13.9
    Professionals 1127 17.2
    Technicians & trades workers 1029 15.7
    Clerical & administrative workers 1190 18.2
    Sales 704 10.7
    Others 1589 24.2
    Occupation
    Census Count Percent(%)
    Pre-school 179 5.4
    Infants/Primary 1369 41.4
    Secondary 985 29.8
    Technical or Further Educational Institution 243 7.3
    University or other Tertiary Institutions 449 13.6
    Others 85 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11893 97.4
    Semi-detached, row or terrace house, townhouse 317 2.6
    Caravan, cabin, houseboat 3 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2010 49.9
    Fully owned 1132 28.1
    Rented 807 20.0
    Other tenure type 82 2.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals