Thorneside

POSTAL CODE: QLD, 4158

HOUSE

UNIT

Homeowners and real estate investors betting on THORNESIDE, 4158 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 14.29%.

A steady increase in median property prices over a five-year period in the suburb translates to a 40.85% capital gain.

Property investors in THORNESIDE enjoyed capital gains of 14.29% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,200,000.

Profits due to an upward trend in home prices there averaged 13.62% per annum over a 3-year period.

Home owners selling their properties and realtors in THORNESIDE usually have to wait an average of 40 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $750 mark, reflecting a 3.25% increase in returns based on the current median price in THORNESIDE.

THORNESIDE, 4158 places 914th in Australia based on median property value growth during the quarter.

Property investors in THORNESIDE enjoyed capital gains of 33.93% over the last 12 months translating to lower returns compared with its peers in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in THORNESIDE are low, as opposed to average gains per annum over the past five years.

THORNESIDE posted a 89.87% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

Real estate investors could earn a rental income of $540 based on current median home prices for the suburb.

Average weekly rents on listings have reached the $540 mark, reflecting a 3.74% increase in returns based on the current median price in THORNESIDE.

THORNESIDE, 4158 ranks 22nd in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

THORNESIDE ranks 339th on the list of best yielding suburbs for rental properties in QLD, posting a 3.74% return.

Surburb overview

Thorneside is a coastal suburb located approximately 21.7 kilometres east of Brisbane's central business district.

According to the 2021 census, Thorneside has a population of 3,877 residents.

The suburb is predominantly residential, featuring various housing options, including detached houses and townhouses.

Public transportation in Thorneside includes the railway station on the Cleveland line, which provides residents access to Brisbane's CBD and surrounding areas.

Additionally, Transdev Queensland operates regular bus services throughout the suburb.

For shopping and essential services, residents often visit nearby suburbs such as Birkdale and Wellington Point, which offer a range of retail outlets, dining options, and entertainment facilities.

Thorneside offers several parks and recreational areas, including Beth Boyd Park and William Taylor Memorial Sportsfield, providing facilities for various sports and outdoor activities.

The suburb's proximity to Moreton Bay allows for water-based activities. A boat ramp is located at the corner of Queens Esplanade and Helen Street.

Thorneside offers a suburban lifestyle with access to essential amenities and recreational facilities, making it suitable for families and professionals seeking a balance between urban convenience and coastal tranquillity.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,200,000	$750,000
Growth Report
Median Quarterly	-4%	5.56%
Median 12 month	14.29%	33.93%
Median 3 years	40.85%	89.87%
Median 5 years	90.48%	140%
10 years average annual	10.16%	9.46%
Weekly media advert. rent	$750	$540
Time on Market	40 days	31.1 days
Gross Rental Yield Percent	3.25%	3.74%

Demographics (Median Values)*

Total Population 3465

Weekly Household Income 940.8

Household Size 2.30

Average Age 37

Monthly Loan Repayment 1213

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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