Suburb Profile Report for Thorneside QLD (4158)

Thorneside House: Median price $671,000, Annual capital growth 5.16%, Number of sales 72, Weekly median advertised rent $445

Thorneside Unit: Median price $340,000, Annual capital growth 1.65%, Number of sales 44, Weekly median advertised rent $370

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 387th in the list of Australian suburbs ordered by increase in median house value over the last year, Thorneside, 4158 is in the top 10% with a property value increase of 27.81% recorded in median house prices.

Comparing Thorneside,4158 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -5.27% to buyers in Thorneside at the moment, which is less than average for the rest of QLD.

The QLD suburb of Thorneside, 4158 is in the Redland (C) local government area.

Investment property in Thorneside has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.14%

When looking at the potential capital gains offered to property investors over the last 3 years, Thorneside comes in at number 129th in QLD.

LACK OF BUYER INTEREST may well be the reason that Thorneside is offering property investors an average of -4.64. This rate of discount on properties puts Suburb at number 248th in terms of most discounted suburbs in QLD

In the last year 44 properties changed hands in Thorneside, which puts it as the 197th most active market in QLD when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$671,000 $340,000
8.23% 3.82%
27.81% 13.14%
5.16% 1.65%
$445 $370
72 44
3.45% 5.66%
48.8135593220339 25.7297297297297

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Excellent (U), Good (H)
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Demographics
Total population 3547
Median household income ($/weekly) 1159
Median age of persons 38
Median housing loan repayment ($/monthly) 1859
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 384 10.8
    25-34 years 527 14.9
    35-44 years 472 13.3
    45-54 years 532 15.0
    55-64 years 486 13.7
    Others 1147 32.3
    Age Group
    Census Count Percent(%)
    Not Married 1176 43.7
    Registered Married 1110 41.3
    Defacto Relationship 404 15.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2635 77.8
    Italy 23 0.7
    Papua New Guinea 226 6.7
    United Kingdom 243 7.2
    Other 99 2.9
    Others 160 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 0.7
    Christianity 2246 69.3
    Hinduism 12 0.4
    Other Religious Groups 30 0.9
    No Religion 914 28.2
    Others 13 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 139 10.4
    $600-$799 158 11.8
    $1,000-$1,249 154 11.5
    $1,500-$1,999 165 12.4
    $2,000-$2,499 140 10.5
    Others 579 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1214 43.6
    Not in the labour force 807 29.0
    Employed, worked part-time 542 19.5
    Employed, away from work 115 4.1
    Unemployed, looking for work 107 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 206 11.0
    Professionals 281 15.0
    Technicians & trades workers 305 16.3
    Clerical & administrative workers 333 17.8
    Labourers 223 11.9
    Others 520 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 47 7.1
    Infants/Primary 256 38.6
    Secondary 163 24.6
    Technical or Further Educational Institution 74 11.2
    University or other Tertiary Institutions 102 15.4
    Others 21 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2446 72.5
    Semi-detached, row or terrace house, townhouse 714 21.2
    Flat, unit or apartment 204 6.0
    Caravan, cabin, houseboat 11 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 536 37.6
    Rented 463 32.5
    Fully owned 422 29.6
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
Chart Table