Market snapshot
Suburb insights for Thornbury3071
Change suburbThornbury, 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.
Recent sales and auction results in Thornbury
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 177 Smith St, Thornbury | 3 |  | House | Passed in Vendor Bid | 31/07/2026 | Nelson Alexander | View |
| 203/2A Flinders St, Thornbury | 1 |  | Apartment | Private Sale | 29/07/2026 | THE BISI AGENT | View |
| 41 Speight St, Thornbury | 3 |  | House | Private Sale | 15/07/2026 | Nelson Alexander | View |
| 5/88 Normanby Av, Thornbury | 2 | | Apartment | Private Sale | 10/07/2026 | Jellis Craig | View |
| 3/282 Mansfield St, Thornbury | 2 | | Apartment | Private Sale | 25/06/2026 | Nelson Alexander | View |
Sales data
Median sale price
$1.6mil
Quarterly price change
6.9%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Thornbury | Metro comparison |
|---|---|---|
| 2 | $1,291,500 | $950,000 |
| 3 | $1,455,500 | $872,000 |
| 4 | $1,850,000 | $990,000 |
| Insight | Thornbury | Metro comparison |
|---|---|---|
| Clearance rate | 68.3% | 68.8% |
| Days on market | 28 | 42 |
Rental data
Median weekly rent
$800
Rental yield
2.7%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Thornbury | Metro comparison |
|---|---|---|
| 2 | $685 | $600 |
| 3 | $833 | $560 |
| 4 | $1,035 | $600 |
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