Thornlie has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -7.89% to date .
While Thornlie,6108 ranked number 383th in WA for increase in median house value (annualised) increase, it is ranked 370th over the last 5 years.
Thornlie6108 is located in WA which offers an average discount of -8.49% to property investors. Thornlie itself is showing figures that indicate -9.38% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Thornlie the average time real estate has been on the market is 85.6741 days.
With the median price for a house in Thornlie being $350000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.20%
Investment property in Thornlie has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.62%
Thornlie,6108 was ranked 1474 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
With the median price for a house in Thornlie being $235000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 6.42%