Suburb Profile Report for Thornlie WA (6108)

Thornlie House: Median price $430,000, Annual capital growth 2.92%, Number of sales 295, Weekly median advertised rent $350

Thornlie Unit: Median price $293,750, Annual capital growth 2.74%, Number of sales 13, Weekly median advertised rent $315

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Thornlie, 6108 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -5.18%.

Over the longer term, Thornlie has seen property prices show investors a -2.71% return over the last 3 years. This is worse than over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Thornlie, 6108. Typically our figures indicate that -7.26% is being offered, which puts this WA suburb at 1112th most discounted overall in Australia.

At number 1472 in a list of fastest selling suburbs, Thornlie is in the TOP 40% of suburbs in Australia with an average of days on market 72.9 for properties listed there.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

At number 1616th in the list of Australian suburbs ordered by increase in median house value over the last year, Thornlie, 6108 is in the BOTTOM 10% with a property value increase of -12.31% recorded in median house prices.

Across a shorter period, Thornlie, 6108 has seen a median price increase of -13.60% over the last quarter.

With the median price for a house in Thornlie being $293750 and the advertised rent reaching $315 the gross rental yield for property investors calculates out to be 5.58%

HOUSE UNIT
$430,000 $293,750
-3.37% -13.60%
-5.18% -12.31%
2.92% 2.74%
$350 $315
295 13
4.23% 5.58%
72.9 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 22964
Median household income ($/weekly) 1411
Median age of persons 36
Median housing loan repayment ($/monthly) 1700
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 3121 13.6
    25-34 years 3127 13.6
    35-44 years 3219 14.0
    45-54 years 3106 13.5
    55-64 years 2891 12.6
    Others 7502 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 8722 50.9
    Not Married 6833 39.9
    Defacto Relationship 1565 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 13207 60.6
    Malta 682 3.1
    Papua New Guinea 839 3.9
    United Kingdom 2561 11.8
    Other 1278 5.9
    Others 3218 14.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 920 4.4
    Christianity 13062 61.9
    Hinduism 232 1.1
    Islam 1390 6.6
    No Religion 5289 25.1
    Others 216 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 634 9.1
    $600-$799 638 9.1
    $1,250-$1,499 615 8.8
    $1,500-$1,999 1035 14.8
    $2,000-$2,499 922 13.2
    Others 3130 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7333 41.7
    Not in the labour force 5459 31.1
    Employed, worked part-time 3365 19.2
    Employed, away from work 794 4.5
    Unemployed, looking for work 619 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1606 14.0
    Technicians & trades workers 2142 18.6
    Clerical & administrative workers 1941 16.9
    Sales 1162 10.1
    Labourers 1330 11.6
    Others 3309 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 316 6.0
    Infants/Primary 2050 39.0
    Secondary 1361 25.9
    Technical or Further Educational Institution 599 11.4
    University or other Tertiary Institutions 805 15.3
    Others 119 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 20962 95.8
    Flat, unit or apartment 472 2.2
    Semi-detached, row or terrace house, townhouse 450 2.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 3552 45.4
    Fully owned 2589 33.1
    Rented 1587 20.3
    Other tenure type 90 1.2
    Tenure Type
Census 2011, ABS
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