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Thornton, NSW 2322

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 Thornton, NSW 2322 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 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

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 “Thornton, NSW 2322”

  1. The total adult population (15 years or older) of Thornton 2322 NSW is 8,383, with a median age of 32. Of those, 46.65% are married, 11.77% are divorced or separated, 38.80% are single and 2.82% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $8,892. The median monthly mortgage repayment for households in this suburb is $1,800 which is 20.24% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Thornton, 2322, found in NSW, is home to a respectable 4584 households. As of Q3 2023, the benchmark price for houses in this suburb stands at a moderate $721,892. With a median weekly rent of $514, investment properties in Thornton exhibit a decent yield of almost 3.7%.

    The IRSAD score for Thornton is 975 out of 1217, showcasing above average socio-economic circumstances, characterised by stable income levels, and a prolific presence of skilled professionals. However, a renter to owner ratio of 34% points towards a market balanced between owners and renters, something investors need to be aware of.

    Investors may find the minor units to houses ratio of 1% appealing due to the lack of competition between landlords for tenants, which may lead to higher rental yields and longer tenancy periods. The affordability index notifies us that it would take around 32 years to fully own a property in this area. While this is slightly above the standard 30-year mortgage timeline, it signals moderate affordability in relation to the area’s median household income.

    The low stock on market percentage and inventory level of 0.27% and 0.8 months respectively, indicate a low supply environment. This offers significant advantages to property owners, enabling their properties to be better noticed and potentially attracting higher prices due to limited competition. Building approval ratio for houses is at 1.47%, revealing a low level of new stock added to the market, making existing homes a favourable choice for homebuyers or renters.

    Houses in this area spend an average of 42 days on the market. Although slightly above the high-demand threshold, it suggests a healthy turnover rate for properties. The combined vacancy rate for houses and units is at a low 1.72% implying good demand, making Thornton a potentially lucrative prospect for cash flow-focused property investors. However, investors should note, the buy search index of 3 could be indicative of a slower, limited buyer interest, though this shouldn’t be a significant concern if most of the other key indicators remain favourable.

    In overall terms, despite some metrics straying into less favourable territory, Thornton, 2322, retains the majority of its property market health with key indicators reflecting a potentially rewarding investment environment. It’s paramount to track these trends via a trusted property market data source, like HtAG Analytics’ RCS (Relative Composite Score), which harnesses over 80 metrics to make the task of property market analysis more insightful and manageable.

    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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