Thornton has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.68% to date .
Over the longer term, Thornton has seen property prices show investors a 9.02% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Thornton is $528750, with sellers offering an average of -4.63% off the asking price.
At number 1789 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 76.6842 for properties listed there.
Using the current median advertised rental of $463 and the average annual increase in value of a median property of 4.72%, investors should hope to achieve an overall return of 4.55%
Thornton is in the bottom 10% in NSW when comparing median price capital growth over the last year. Thornton gave property investors a dismal capital gain figure when compared to the rest of the state, with -22.80%.
A 15.53% growth in median value for property investors in Thornton,2322 puts this suburb at number 293th in terms of best performing suburbs in NSW
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 6.99%, investors should hope to achieve an overall return of 6.24%