Suburb Profile Report for Thornlands QLD (4164)

Thornlands House: Median price $602,500, Annual capital growth 3.36%, Number of sales 298, Weekly median advertised rent $500

Thornlands Unit: Median price $150,000, Annual capital growth -30.89%, Number of sales 13, Weekly median advertised rent $403

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$602,500 $150,000
2.90% N/A
7.35% N/A
3.36% -30.89%
$500 $403
298 13
4.32% 13.95%
74.41 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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