Market snapshot

Suburb insights for Thornbury3071

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Thornbury, approximately 7 km north of the CBD, is a dynamic and eclectic suburb renowned for its vibrant arts scene, live music venues, and thriving café culture. With a mix of weatherboard cottages and modern townhouses, Thornbury has a youthful vibe complemented by excellent tram and train access. Its proximity to the Merri Creek Trail and numerous parks appeals to active residents, creatives, and young families.

Sales data

Median sale price
$1.5mil
Quarterly price change
-1.3%
Metro Melbourne Comparison
$974k
1.8%
BedroomsThornburyMetro comparison
2$1,230,000$940,000
3$1,480,000$851,000
4$1,805,000$970,000
InsightThornburyMetro comparison
Clearance rate79%77.8%
Days on market2836

Rental data

Median weekly rent
$750
Rental yield
2.6%
Metro Melbourne Comparison
$580
3.2%
BedroomsThornburyMetro comparison
2$680$585
3$800$550
4$1,080$600
Median data for the current quarter

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