AREA REPORTS

Thorneside

 

 

Suburb Profile

Thorneside - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4158

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 12.23% capital gain.

Property investors in THORNESIDE enjoyed capital gains of 3.03% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $527,500.

Profits due to an upward trend in home prices there averaged 4.08% per annum over a 3-year period.

Home owners selling their properties and realtors in THORNESIDE usually have to wait an average of 33.7 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $400 mark, reflecting a 3.94% increase in returns based on the current median price in THORNESIDE.

THORNESIDE, 4158 places 229th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $527,500 $311,000
GROWTH REPORT
Median Quarterly 2.23% 1.63%
Median 12 month 3.03% 1.97%
Median 3 years 12.23% 1.14%
Median 5 years 23.39% 13.3%
10 years average annual 3.74% 0.32%
Weekly media advert. rent $400 $360
Time on Market 33.7 days 77.5 days
Gross Rental Yield Percent 3.94% 6.02%
demographics (median values)
Total Population
3465
Weekly Household Income
940.8
Household Size
2.30
demographics
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