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Thornlie

WA/
Thornlie

Suburb Profile

Thornlie - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6108

house
unit

THORNLIE, 6108 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 $380,000.

Profits due to an downward trend in home prices in the suburb averaged -5.49% per annum over a 3-year period.

THORNLIE now ranks at the th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $350 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In THORNLIE, homes and units usually stay on listing for an average of 81.3 days.

In 2016, 261 properties were sold in THORNLIE during the past year, making it the 233rd most active market in WA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $380,000 $265,000
GROWTH REPORT
Median Quarterly 0% 3.21%
Median 12 month 0% N/A
Median 3 years -16.48% -21.48%
Median 5 years -14.61% -13.54%
10 years average annual 0.7% 2.2%
Weekly media advert. rent $350 $290
Time on Market 81.3 days 165.0 days
Gross Rental Yield Percent 4.79% 5.69%
demographics (median values)
Total Population
22266
Weekly Household Income
1099
Household Size
2.80
demographics
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