The Thornhill Park median house price for 2026 is currently estimated at $601,000. This figure reflects the property’s market dynamics over the past year, showcasing a 0.2% increase from the previous quarter and a 4.5% year-on-year growth, according to DataVic/REIV.

• The Thornhill Park median house price in 2026 is $601,000, with a slight quarterly increase.
• Quarterly growth was 0.2%, while the annual growth reached 4.5% according to DataVic/REIV figures.
• The median land price saw a significant quarterly increase of 16.1%; however, a 9.9% year-on-year drop was also recorded.

What do the numbers say in Thornhill Park?

According to DataVic/REIV, the housing market in Thornhill Park has shown resilience with a median sale price of $601,000 for houses in the April to June 2025 quarter. This modest increase of 0.2% quarter-over-quarter indicates steady demand in the region. The annual growth trend shows a more significant rise of 4.5%, reflecting broader market strength in Thornhill Park over the past year.

Land prices have seen an interesting movement, with a current median price at $336,000. This represents a remarkable 16.1% increase from the previous quarter but marks a 9.9% decrease year-on-year. These fluctuations suggest that while interest in building lot investments is growing, the overall value has seen some corrections from the year prior. Such trends are valuable for those investing in nearby areas like Kings Park or others with similar market behaviors.

What are the key considerations?

Considering demographic data from the ABS Census 2021, Thornhill Park hosts a population of 3,066 with a relatively young median age of 29 years. The area’s median household income stands at $2,005 per week, while the median rent sits at $380 per week. These factors create a diverse and dynamic living community, attracting both young professionals and families.

The housing affordability and growth trends in Thornhill Park make it an attractive proposition for both buying and selling properties. Additionally, proximity to sites like chirnside park could offer beneficial insights for buyers exploring suburban dynamics in greater Melbourne.

How does Collings help?

At Collings Real Estate, we pride ourselves on offering tailored property services. Our team can assist with both buying and selling in Thornhill Park. Whether you are looking for a free property appraisal or detailed market insights for informed decision-making, our services are designed to meet varied client needs.

Our expertise extends across Melbourne with opportunities to compare Thornhill Park statistics with areas like Craigieburn or Mill Park, ensuring comprehensive market understanding.

Frequently asked questions

What is the current median house price in Thornhill Park?

The current median house price in Thornhill Park is $601,000 for the April to June 2025 quarter.

How has the Thornhill Park property market performed recently?

There has been a 0.2% increase in house prices quarter-over-quarter, while land prices saw a significant 16.1% rise over the same period.

What demographic trends are notable in Thornhill Park?

Thornhill Park has a young population with a median age of 29 years and a household income average of $2,005 per week.

For more information on how to navigate the Thornhill Park property market, contact us at 03 9486 2000 or email info@collings.com.au. Sign up for our off-market portal to explore the latest listings and opportunities.