Property value increases in Thorneside have tracked higher than the QLD average of 0.14% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Thorneside has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -7.24% to buyers in Thorneside at the moment, which is less than average for the rest of QLD.
Renters in Suburb are facing rents around $22360 per annum or $430 every week.
Thorneside, 4158 ranked 147th in QLD when comparing growth in median property values or capital gain over the last 12 months. Thorneside is one of 2415 in our list for QLD
A 2.58% growth in median value for property investors in Thorneside,4158 puts this suburb at number 83th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Thorneside should be aiming for at least -4.43% off the asking price, which is the average vendor discount being achieved at the moment.
A $375 per week rent on the median house gives suburb investors a gross yield of circa 6.13%, without taking into account capital value appreciation, which has been averaging out at 0.41%.