Thorngate is a quiet locality in South Australia within the Prospect local government area (postcode 5082). With a population of 180, the suburb has a mature demographic with a median age of 47. Households earn a median income of $163K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Greek.

The median house price in Thorngate is $2.1 million, having remained flat 0% over the past year. The current median weekly rent is $335. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $2,763.

Public transport access includes 2 bus stops. The crime rate in the Prospect LGA is higher than average at 56,111 incidents per 100,000 population.

From an investment perspective, Thorngate offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($2.1M/$950K), placing it in the premium segment. The price-to-income ratio of 13.2x is considered stretched. House prices have moved +0.0% year-on-year.