Thornleigh is a mid-sized suburb in New South Wales within the Hornsby local government area (postcode 2120). With a population of 8,898, the suburb has an established demographic with a median age of 40. Households earn a median income of $139K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Thornleigh is $1.6 million, having dropped significantly 14% over the past year. Units have a median price of $150,000 (-84.7% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,800.
Thornleigh is served by 2 schools, including 2 primary. The average ICSEA score is 1139, which is well above the national average of 1,000. Public transport access includes 3 rail stations, 79 bus stops. The crime rate in the Hornsby LGA is low at 1,223 incidents per 100,000 population.
From an investment perspective, Thornleigh offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved -14.0% year-on-year.
Thornleigh is a mid-sized suburb in New South Wales within the Hornsby local government area (postcode 2120). With a population of 8,898, the suburb has an established demographic with a median age of 40. Households earn a median income of $139K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Thornleigh is $1.6 million, having dropped significantly 14% over the past year. Units have a median price of $150,000 (-84.7% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,800.
Thornleigh is served by 2 schools, including 2 primary. The average ICSEA score is 1139, which is well above the national average of 1,000. Public transport access includes 3 rail stations, 79 bus stops. The crime rate in the Hornsby LGA is low at 1,223 incidents per 100,000 population.
From an investment perspective, Thornleigh offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved -14.0% year-on-year.