Suburb Profile Report for Thornton NSW (2322)

Thornton House: Median price $530,000, Annual capital growth 4.43%, Number of sales 205, Weekly median advertised rent $460

Thornton Unit: Median price $389,000, Annual capital growth 5.18%, Number of sales 17, Weekly median advertised rent $400

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 3.92% for the last year, Thornton, 2322 is the 1446th highest performer in Australia in this respect.

Over the longer term, Thornton has seen property prices show investors a 9.56% return over the last 3 years. This is worse than over the last 12 months

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.46% offered to property buyers. Sellers in Thornton itself are offering an average vendor discount of -5.40% to real estate investors.

At number 1621 in a list of fastest selling suburbs, Thornton is just in the top half of suburbs in Australia with an average of days on market 72.4586 for properties listed there.

Advertised rents are around the $460 mark per week – giving a return of 4.51% based on the median price in Suburb

NSW has seen average median house prices change by 0.04% which means that Thornton, 2322 has done well for property investors by showing a capital gain of -1.21% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Thornton comes in at number 474th in NSW.

Situated 128.02km from the CBD, Thornton is one of Maitland (C) localities in the postcode 2322.

Metrics i HOUSE UNIT
$530,000 $389,000
0.00% 17.88%
3.92% -1.21%
4.43% 5.18%
$460 $400
205 17
4.51% 5.35%
72.4586466165414 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 7861
Median household income ($/weekly) 1629
Median age of persons 34
Median housing loan repayment ($/monthly) 1800
Average household size 3
  • Census Count Percent(%)
    5-14 years 1245 15.8
    25-34 years 1041 13.2
    35-44 years 1277 16.2
    45-54 years 1180 15.0
    55-64 years 820 10.4
    Others 2298 29.2
    Age Group
    Census Count Percent(%)
    Registered Married 3229 57.3
    Not Married 1820 32.3
    Defacto Relationship 591 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 7015 92.4
    Papua New Guinea 75 1.0
    Philippines 32 0.4
    United Kingdom 214 2.8
    Other 55 0.7
    Others 198 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 0.4
    Christianity 6032 82.0
    Islam 35 0.5
    Other Religious Groups 31 0.4
    No Religion 1214 16.5
    Others 14 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 204 8.9
    $1,250-$1,499 213 9.3
    $1,500-$1,999 388 16.9
    $2,000-$2,499 312 13.6
    $2,500-$2,999 271 11.8
    Others 914 39.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2635 45.4
    Not in the labour force 1552 26.7
    Employed, worked part-time 1166 20.1
    Employed, away from work 277 4.8
    Unemployed, looking for work 180 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 587 14.4
    Technicians & trades workers 773 18.9
    Clerical & administrative workers 663 16.3
    Sales 421 10.3
    Machinery operators & drivers 420 10.3
    Others 1216 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 199 9.5
    Infants/Primary 838 40.0
    Secondary 595 28.4
    Technical or Further Educational Institution 193 9.2
    University or other Tertiary Institutions 225 10.7
    Others 45 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7368 97.0
    Semi-detached, row or terrace house, townhouse 204 2.7
    Flat, unit or apartment 21 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1410 55.5
    Fully owned 669 26.3
    Rented 454 17.9
    Other tenure type 8 0.3
    Tenure Type
Census 2011, ABS
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