Thornlie (postcode 6108) is a large suburb in Western Australia within the Gosnells local government area. With a population of 23,665, the suburb has an established demographic with a median age of 38. Households earn a median income of $82K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.9% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Chinese.
Median house prices in Thornlie stand at $605,000, having risen steeply by 24.2% over the last twelve months. Units have a median price of $353,000 (+13% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $1,625.
Thornlie is served by 7 schools, including 5 primary, 1 secondary, 1 combined. The average ICSEA score is 994, which is around the national average of 1,000. Public transport access includes 122 bus stops.
On the investment side, Thornlie shows a gross rental yield of approximately 5.5%, rated as high yield. Property prices sit below the state median ($605K/$951K), which can point to relative value. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +24.2% year-on-year. Population growth of +1.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.