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 -10.27%
Taking the average capital gain, or increase in median house value, Thornlie,6108 has racked up an average of -10.27% over the period. This ranks it number 3905th in the whole country for real estate investors looking at median house price increases.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.22% offered to property buyers. Sellers in Thornlie itself are offering an average vendor discount of -8.71% to real estate investors.
In the last year 291 properties changed hands in Thornlie, which puts it as the 6th most active market in WA when comparing the number of sales per suburb.
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 -23.53%.
If we look at median property appreciation over just the last three months, Thornlie has given property investors a paper return of 4.42%. This puts Suburb as 10 on a list of fastest fasting appreciating suburbs in WA
Advertised rents are around the $290 mark per week – giving a return of 5.80% based on the median price in Suburb