The thornhill park rental yield in 2026 is approximately 3.3%, based on a median rent of $380 per week and median house price of $601,000. Understanding this yield helps investors gauge potential returns and make informed decisions in the market.
- Thornhill Park currently offers a rental yield of 3.3%.
- The median house price in Thornhill Park is $601,000 as of the Apr-Jun 2025 quarter.
- Median weekly rent in Thornhill Park is $380, reflecting steady demand.
What do the numbers say in Thornhill Park?
According to the latest data from DataVic/REIV, the median sale price of houses in Thornhill Park for the Apr-Jun 2025 quarter was $601,000. This represents a quarterly growth of 0.2% and a year-on-year increase of 4.5%. Land prices significantly differed, with a median price of $336,000, marking a 16.1% quarterly rise but a decline of 9.9% over the year.
These figures indicate a stable yet cautious investment environment, with rental yields influenced by fluctuating land prices. Investors should consider both housing and land metrics when evaluating potential returns.
What are the key considerations?
To accurately assess investing in Thornhill Park, several factors must be considered beyond simple rental yield calculations. It’s crucial to evaluate the local demographics, including the recorded population of 3,066 and a median age of 29, as captured in the ABS Census 2021 data. This suggests a youthful community likely to drive rental demand.
Furthermore, the median household income is $2,005 per week, providing a clear snapshot of the economic capacity within the suburb. Understanding these factors assists in grasping potential tenant demographics and rental affordability.
How does Collings help?
Collings Real Estate offers comprehensive services to assist investors in Thornhill Park property. Our expert property strategists analyze market trends to identify high-yield opportunities tailored to your investment goals.
Schedule a consultation with one of our professionals by contacting us directly. Our office, located at 230 Waterdale Road, Ivanhoe, VIC 3079, is ready to support your investment journey. You can reach us at 03 9486 2000 or via email at info@collings.com.au.
Frequently Asked Questions
What is the rental yield in Thornhill Park for 2026?
The rental yield is approximately 3.3%, based on a median house price of $601,000 and weekly rent of $380.
How do I calculate rental yield?
Rental yield is calculated by dividing the annual rental income by the property’s purchase price, then multiplying by 100 to get a percentage.
Why is Thornhill Park a good investment?
Thornhill Park offers a growing population with a median age of 29, creating demand potential. A sound rental yield of 3.3% also reflects favorable returns.
What resources does Collings offer?
We provide detailed property analyses, market insights, and investment strategies. Contact our property experts for personalized guidance.
Find your next property with Collings
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