Property value increases in Thornlie have tracked close to the WA average of -4.98% over the last 12 months.
The five-year average increase in median property values for Thornlie,6108 has given property investors a potential capital gain of 8.86% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Thornlie is offering property investors an average of -8.21. This rate of discount on properties puts Suburb at number 223th in terms of most discounted suburbs in WA
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 2.72%, investors should hope to achieve an overall return of 4.23%
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 -18.30%
If we look at median property appreciation over just the last three months, Thornlie has given property investors a paper return of -11.05%. This puts Suburb as 95 on a list of fastest fasting appreciating suburbs in WA