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.