Thorneside is a smaller suburb in Queensland within the Redland local government area (postcode 4158). With a population of 3,877, the suburb has an established demographic with a median age of 41. Households earn a median income of $77K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Thorneside is $944,000, having surged 14.6% over the past year. Units have a median price of $518,000 (+23.2% YoY). The current median weekly rent is $585. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,787.
Thorneside is served by 1 school, including 1 primary. The average ICSEA score is 1037, which is around the national average of 1,000. Public transport access includes 1 rail station, 2 ferry wharfves, 21 bus stops. The crime rate in the Redland LGA is below average at 3,545 incidents per 100,000 population.
From an investment perspective, Thorneside offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($944K/$1.1M). The price-to-income ratio of 12.2x is considered stretched. House prices have moved +14.6% year-on-year.
Thorneside is a smaller suburb in Queensland within the Redland local government area (postcode 4158). With a population of 3,877, the suburb has an established demographic with a median age of 41. Households earn a median income of $77K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Thorneside is $944,000, having surged 14.6% over the past year. Units have a median price of $518,000 (+23.2% YoY). The current median weekly rent is $585. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,787.
Thorneside is served by 1 school, including 1 primary. The average ICSEA score is 1037, which is around the national average of 1,000. Public transport access includes 1 rail station, 2 ferry wharfves, 21 bus stops. The crime rate in the Redland LGA is below average at 3,545 incidents per 100,000 population.
From an investment perspective, Thorneside offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($944K/$1.1M). The price-to-income ratio of 12.2x is considered stretched. House prices have moved +14.6% year-on-year.