Thornlands is a well-established suburb in Queensland within the Redland local government area (postcode 4164). With a population of 19,263, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $115K per year, with an average household size of 2.9 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Thornlands is $920,000, having grown strongly 8.2% over the past year. Units have a median price of $575,000 (+10.6% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,167.
Thornlands is served by 4 schools, including 2 primary, 1 secondary, 1 special. The average ICSEA score is 1025, which is around the national average of 1,000. Public transport access includes 69 bus stops. The crime rate in the Redland LGA is below average at 3,545 incidents per 100,000 population.
From an investment perspective, Thornlands offers a gross rental yield of 4.0%, rated as moderate yield. Property prices are near the state median ($920K/$1.1M). The price-to-income ratio of 8.0x is considered moderate. House prices have moved +8.2% year-on-year.
Thornlands is a well-established suburb in Queensland within the Redland local government area (postcode 4164). With a population of 19,263, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $115K per year, with an average household size of 2.9 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Thornlands is $920,000, having grown strongly 8.2% over the past year. Units have a median price of $575,000 (+10.6% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,167.
Thornlands is served by 4 schools, including 2 primary, 1 secondary, 1 special. The average ICSEA score is 1025, which is around the national average of 1,000. Public transport access includes 69 bus stops. The crime rate in the Redland LGA is below average at 3,545 incidents per 100,000 population.
From an investment perspective, Thornlands offers a gross rental yield of 4.0%, rated as moderate yield. Property prices are near the state median ($920K/$1.1M). The price-to-income ratio of 8.0x is considered moderate. House prices have moved +8.2% year-on-year.