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Thornleigh, NSW 2120

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Thornleigh, NSW 2120 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

2BR

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Rent 

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Thornleigh, NSW 2120”

  1. The total adult population (15 years or older) of Thornleigh 2120 NSW is 7,038, with a median age of 40. Of those, 57.25% are married, 9.51% are divorced or separated, 29.23% are single and 4.04% are widowed.

    The average household size is 2.9 people per dwelling, and the median household monthly income is estimated to be $12,064. The median monthly mortgage repayment for households in this suburb is $2,800 which is 23.21% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Thornleigh, postcode 2120, situated in New South Wales, hosts a total of approximately 3779 households. As of the Q3 2023, the property market statistics reveal that the typical prices for houses in Thornleigh stand at a substantial $1,731,382 AUD. This aligns with a median weekly rent of $665, subsequently orchestrating an indicative yield of 2.0%.

    The IRSAD score for Thornleigh sits at a robust 1122 out of a possible 1217, painting an image of a suburb that boasts a substantial socio-economic environment.

    The renter to owner ratio, a pivotal indicator for potential investors, is favourable at 23%. This suggests that the suburb isn’t oversaturated with rental properties, potentially indicating safer long-term returns for investors. On a similar note, the region portrays an incredibly low units to houses ratio, with units only constituting 6% of total dwellings. This highlights fewer rental competitions amongst landlords and promotes longer tenancy periods, typically associated with family occupancies.

    However, Thornleigh’s property market unravels a rigorous challenge in terms of its affordability index. With the typical household needing approximately 56 years to fully own a property, the suburb showcases a relatively lower level of affordability. This could lead to decreased demand from potential buyers due to financial constraints.

    Supply metrics such as stock on market Percentage and inventory level present a favourable picture for the suburb. The stock on market percentage for houses stands at a meagre 0.37%, indicating a robust demand in relation to the supply. Additionally, an inventory level at 1.54 months suggests a short turnover period for property listings, again indicative of high demand.

    The building approvals Ratio for houses, at 0.65%, suggests a healthy influx of new residential property developments, possibly indicating a rise in potential housing options for prospective buyers or renters.

    Days on market, used to measure the demand, is notably low, at only 20 days. The relatively brief duration indicates a high demand for properties indicating that listings are snapped up quickly.

    The combined vacancy rate for houses and units sits comfortably at 2.15%, within the neutral zone. This indicates that there is neither a surplus nor a scarcity of available properties, thus promoting a balanced marketplace dynamic.

    Finally, the buy search index for houses within the suburb exists at 4, indicating a neutral level of demand from potential buyers. While Thornleigh’s property market demonstrates high competition and lower affordability, the overall favourable socio-economic status, combined with potent supply and demand metrics, make it a locale worthy of consideration for property investment. This analysis is corroborated by HtAG Analytics’ Relative Composite Score (RCS), considering over 80 key metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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