Thornlands

POSTAL CODE: QLD, 4164

HOUSE

UNIT

Based on its average 5-year and quarterly capital gains THORNLANDS, 4164 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that THORNLANDS, 4164 obtained a 7.8% growth over a ten-year period. It ranks 1364th on our list of suburbs that property investors should look into.

THORNLANDS, 4164 in QLD belongs to the local government area of Redland.

THORNLANDS, 4164 has a capital gain of 16.9% for the past year, which is lower than average compared to its 86.99% growth within a five-year period.

With the median home price in THORNLANDS sitting at $1,150,000, and the average rent at $750, property owners could potentially earn a 3.39% increase in gross rental yield.

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

Homeowners and real estate investors betting on THORNLANDS, 4164 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 23.11%.

A steady increase in median property prices over a five-year period in THORNLANDS, 4164 translates to a 50.5% capital gain.

Property investors enjoyed capital gains of 23.11% over the last 12 months in THORNLANDS, translating to lower returns compared with its peers in QLD.

THORNLANDS, 4164 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 $751,000.

Profits due to an upward trend in home prices in THORNLANDS, 4164 averaged 16.83% per annum over a 3-year period.

Home owners selling their properties and realtors in THORNLANDS usually have to wait an average of 17.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $610 mark, reflecting a 4.22% increase in returns based on the current median price in THORNLANDS.

THORNLANDS, 4164 places 95th in Australia based on median property value growth during the quarter.

Surburb overview

Thornlands is the subject of property investors’ attention nowadays as young families pick up house and land packages in the suburb. Housing supply and price is not a problem in Thornlands, proving a boon for buyers who want to keep a lucrative and fulfilling job but don’t want to be away from their family.

The trip from Thornlands to Brisbane is no more than an hour via private car, and one and a half hours via public transport. A train station is located in neighbouring Cleveland for commuters who aim for a more straightforward travel to the Brisbane central business district. Residents need not worry about travelling to Queensland’s tourism spots; Moreton Bay is just an hour’s drive away, and so are the natural wonders in Redlands.

Real estate outlook

Thornlands has a suburb rating of 3.38 (three stars), which means it is safe from any property bubble and exhibits even stronger sales. In terms of liveability, Thornlands consistently gets astounding reviews from both new and long-time residents.

Thornlands’s real estate portfolio is composed largely of greenfield and brownfield developments selling at a low cost. Townhouses are highly in demand, and so are greener homes in general. Three-bedroom properties and smaller bungalows are in abundance as well, giving buyers a gamut of options.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,150,000	$751,000
Growth Report
Median Quarterly	2%	6.37%
Median 12 month	16.9%	23.11%
Median 3 years	33.72%	50.5%
Median 5 years	86.99%	88.22%
10 years average annual	7.8%	0.15%
Weekly media advert. rent	$750	$610
Time on Market	31.4 days	17.2 days
Gross Rental Yield Percent	3.39%	4.22%

Demographics (Median Values)*

Total Population 933

Weekly Household Income 1380

Household Size 3.20

Average Age 41

Monthly Loan Repayment 1517

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

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type