Thornbury — Units

NEUTRAL
VIC 3071 Unit Rank #101 of 206 in Melbourne ↑4
$686K
Median Unit Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
110 buyers/listing
Strong
LIQUIDITY
25d DOM
Strong
AFFORDABILITY
7.0% vs 5yr
Neutral
GROWTH OUTLOOK
Average
Neutral
YIELD
4.7%
Strong
SUPPLY PRESSURE
0.5% vacancy
Strong
#101/206 Average Structure 76 Monitor $686K

Atlaso rates Thornbury units as HOLD. Average growth outlook. Vacancy is extremely tight at 0.46%, well below the 2.5% equilibrium, but conviction is not high enough for a BUY rating. Better units options may be available in Melbourne.

At $686K, Thornbury ranks #101 of 206 units in Melbourne. The long-term structural outlook is Average. Prices grew 39.7% over the past year, showing strong momentum.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Melbourne.

Thornbury Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
+6.8%
Asking Prices (3mo)
+10.0%
Rents (12mo)
0.6%
Vacancy
53%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$611K

Unit Weekly Rents (12 months)

$521/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3071.

Momentum Health

Monitor

37% stall probability

Thornbury is growing at 39.7% annually but early warning signals are appearing. Watch for vacancy loosening or yield compression over the next quarter.

STALL RISK 37%

Suburb Profile

Thornbury at a Glance

SEIFA Index
9/10
Most advantaged
Household Income
$1,971/wk
Median household
Median Age
37
Years
Mortgage Stress
26%
of income
Population Growth
+1.2%
vs state +2.2%
Ownership Mix
21.3% owned 32.3% mortgage 43.9% renting

Demographic Trends

Thornbury Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Thornbury Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Thornbury a good suburb to invest in?
Atlaso rates Thornbury as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Thornbury and 46 Australian cities to generate this rating.
What is the median house price in Thornbury?
The current median house price in Thornbury, vic is $686K, with annual growth of +5.9%. Properties sell in approximately 25 days.
How fast do properties sell in Thornbury?
Properties in Thornbury sell in 25 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Thornbury?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Thornbury's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Thornbury?
The gross rental yield for houses in Thornbury is 4.7%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).