Thornlands is in the TOP 30% in QLD when comparing median price capital growth over the last year. Thornlands gave property investors a good capital gain figure when compared to the rest of the state, with 7.35%.
Taking the average capital gain, or increase in median house value, Thornlands,4164 has racked up an average of 7.35% over the period. This ranks it number 2161th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Thornlands is $602500, with sellers offering an average of -5.89% off the asking price.
On average over the past year, suburb has had 24.83 sales per month, which equates to 298 per year.
With the median price for a house in Thornlands being $602500 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 4.32%
Using the current median advertised rental of $402.5 and the average annual increase in value of a median property of -30.89%, investors should hope to achieve an overall return of 13.95%