Property value increases in Thorneside have tracked just higher than the QLD average of 0.78% over the last 12 months.
Thorneside,4158 has offered an average of 5.81% return per annum in house price rises to property investors over the last three years.
At number 238th of QLD’s most discounted properties, Thorneside is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $430 mark per week – giving a return of 4.10% based on the median price in Suburb
At number 686th in the list of Australian suburbs ordered by increase in median house value over the last year, Thorneside, 4158 is in the top half with a property value increase of -1.27% recorded in median house prices.
While Thorneside,4158 ranked number 271th in QLD for increase in median house value (annualised) increase, it is ranked 173th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Thorneside is offering property investors an average of -6.43. This rate of discount on properties puts Suburb at number 206th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.
Thorneside, 4158’s gross rental yield is 6.29%