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%