At number 3377th in the list of Australian suburbs ordered by increase in median house value over the last year, Thornlie, 6108 is in the BOTTOM 20% with a property value increase of -4.35% recorded in median house prices.
Thornlie,6108 has offered an average of -4.35% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Thornlie is giving property investors an average Vendor Discount of around -6.75%. This puts suburb at number 276th in WA when ranking the most discounted suburbs.
With the median price for a house in Thornlie being $440000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 4.25%
Investment property in Thornlie has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.34%
The most recent median price for Thornlie is $310000, with sellers offering an average of -7.58% off the asking price.
Often selling an investment property can take time, and in Thornlie the average time real estate has been on the market is 97.5 days.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.37%, without taking into account capital value appreciation, which has been averaging out at 4.51%.