Thornhill Park — Houses

NEUTRAL
VIC 3335 House Rank #184 of 263 in Melbourne
$581K
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
14 buyers/listing
Weak
LIQUIDITY
53d DOM
Weak
AFFORDABILITY
4.0% vs 5yr
Neutral
GROWTH OUTLOOK
Below average
Weak
YIELD
4.2%
Strong
SUPPLY PRESSURE
15.0% vacancy
Weak
#184/263 Below average Structure 40 $581K

Atlaso rates Thornhill Park houses as HOLD. Average growth outlook. Rental yield of 4.2% is above the national average, but vacancy is elevated at 15.0%, indicating soft rental demand. Better houses options may be available in Melbourne.

At $581K, Thornhill Park ranks #184 of 263 houses in Melbourne. The long-term structural outlook is Below average.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Melbourne.

Thornhill Park Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
+0.1%
Asking Prices (3mo)
-2.5%
Rents (12mo)
16.9%
Vacancy
28%
Fresh Stock (<30d)

House Asking Prices (12 months)

$650K

House Weekly Rents (12 months)

$478/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 3335.

Suburb Profile

Thornhill Park at a Glance

SEIFA Index
6/10
Above average
Household Income
$1,876/wk
Median household
Median Age
31
Years
Mortgage Stress
23%
of income
Population Growth
+7.6%
vs state +2.2%
Ownership Mix
15.1% owned 53.0% mortgage 26.8% renting

Demographic Trends

Thornhill Park 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 Thornhill Park 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 Thornhill Park a good suburb to invest in?
Atlaso rates Thornhill Park 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 Thornhill Park and 46 Australian cities to generate this rating.
What is the median house price in Thornhill Park?
The current median house price in Thornhill Park, vic is $581K, with annual growth of +3.4%. Properties sell in approximately 53 days.
How fast do properties sell in Thornhill Park?
Properties in Thornhill Park sell in 53 days on average. The market is currently rated Below average. This is slower than average, which may present opportunities for negotiation.
What is the growth outlook for Thornhill Park?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Thornhill Park'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 Thornhill Park?
The gross rental yield for houses in Thornhill Park is 4.2%. 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).