Suburb Profile Report for Thornleigh NSW (2120)

Thornleigh House: Median price $1,320,000, Annual capital growth 8.53%, Number of sales 87, Weekly median advertised rent $625

Thornleigh Unit: Median price $795,000, Annual capital growth 4.57%, Number of sales 20, Weekly median advertised rent $580

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

With a capital gain of 1.93% for the last 12 months, Thornleigh, 2120 has performed for property investments than its average annual 8.53% property growth over the last 5 years.

The five-year average increase in median property values for Thornleigh,2120 has given property investors a potential capital gain of 83.02% across each of those five years.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.93% offered to property buyers. Sellers in Thornleigh itself are offering an average vendor discount of -6.82% to real estate investors.

At number 1157th in the list of Australian suburbs ordered by increase in median house value over the last year, Thornleigh, 2120 is in the BOTTOM 40% with a property value increase of -1.95% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Thornleigh has increased when compared to the 5 year average annual rate.

A $580 per week rent on the median house gives suburb investors a gross yield of circa 3.79%, without taking into account capital value appreciation, which has been averaging out at 4.57%.

Metrics i HOUSE UNIT
$1,320,000 $795,000
0.00% 5.30%
1.93% -1.95%
8.53% 4.57%
$625 $580
87 20
2.46% 3.79%
69.23 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Thornleigh NSW
Demographics
Total population 8114
Median household income ($/weekly) 1964
Median age of persons 38
Median housing loan repayment ($/monthly) 2600
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1158 14.3
    25-34 years 854 10.5
    35-44 years 1366 16.8
    45-54 years 1178 14.5
    55-64 years 861 10.6
    Others 2697 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 3494 58.9
    Not Married 2149 36.2
    Defacto Relationship 294 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5446 69.2
    Croatia 257 3.3
    Indonesia 232 2.9
    United Kingdom 400 5.1
    Other 404 5.1
    Others 1133 14.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 199 2.6
    Christianity 5207 68.1
    Hinduism 254 3.3
    Other Religious Groups 76 1.0
    No Religion 1825 23.9
    Others 80 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 283 11.7
    $2,000-$2,499 246 10.2
    $2,500-$2,999 366 15.1
    $3,000-$3,499 256 10.6
    $4,000 or more 193 8.0
    Others 1073 44.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2574 41.8
    Not in the labour force 1956 31.7
    Employed, worked part-time 1223 19.8
    Employed, away from work 236 3.8
    Unemployed, looking for work 176 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 613 15.2
    Professionals 1445 35.8
    Technicians & trades workers 382 9.5
    Clerical & administrative workers 639 15.8
    Sales 306 7.6
    Others 649 16.1
    Occupation
    Census Count Percent(%)
    Pre-school 212 9.6
    Infants/Primary 770 34.7
    Secondary 624 28.1
    Technical or Further Educational Institution 143 6.4
    University or other Tertiary Institutions 415 18.7
    Others 55 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7188 93.1
    Semi-detached, row or terrace house, townhouse 424 5.5
    Flat, unit or apartment 102 1.3
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1187 44.9
    Fully owned 952 36.0
    Rented 495 18.7
    Other tenure type 8 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals