Suburb Profile Report for Thornlie WA (6108)

Thornlie House: Median price $350,000, Annual capital growth 0.00%, Number of sales 270, Weekly median advertised rent $350

Thornlie Unit: Median price $235,000, Annual capital growth -0.27%, Number of sales 11, Weekly median advertised rent $290

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

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$350,000 $235,000
-4.11% -9.62%
-7.89% -9.62%
0.00% -0.27%
$350 $290
270 11
5.20% 6.42%
85.6741071428571 N/A

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 22964
Median household income ($/weekly) 1411
Median age of persons 36
Median housing loan repayment ($/monthly) 1700
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 3121 13.6
    25-34 years 3127 13.6
    35-44 years 3219 14.0
    45-54 years 3106 13.5
    55-64 years 2891 12.6
    Others 7502 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 8722 50.9
    Not Married 6833 39.9
    Defacto Relationship 1565 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 13207 60.6
    Malta 682 3.1
    Papua New Guinea 839 3.9
    United Kingdom 2561 11.8
    Other 1278 5.9
    Others 3218 14.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 920 4.4
    Christianity 13062 61.9
    Hinduism 232 1.1
    Islam 1390 6.6
    No Religion 5289 25.1
    Others 216 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 634 9.1
    $600-$799 638 9.1
    $1,250-$1,499 615 8.8
    $1,500-$1,999 1035 14.8
    $2,000-$2,499 922 13.2
    Others 3130 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7333 41.7
    Not in the labour force 5459 31.1
    Employed, worked part-time 3365 19.2
    Employed, away from work 794 4.5
    Unemployed, looking for work 619 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1606 14.0
    Technicians & trades workers 2142 18.6
    Clerical & administrative workers 1941 16.9
    Sales 1162 10.1
    Labourers 1330 11.6
    Others 3309 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 316 6.0
    Infants/Primary 2050 39.0
    Secondary 1361 25.9
    Technical or Further Educational Institution 599 11.4
    University or other Tertiary Institutions 805 15.3
    Others 119 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 20962 95.8
    Flat, unit or apartment 472 2.2
    Semi-detached, row or terrace house, townhouse 450 2.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 3552 45.4
    Fully owned 2589 33.1
    Rented 1587 20.3
    Other tenure type 90 1.2
    Tenure Type
Census 2011, ABS
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