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 |
|---|---|---|---|---|---|---|---|
| 3/102 Keon St, Thornbury | 1 |  | Apartment | Auction Sale | 19/12/2025 | Nelson Alexander | View |
| 223A Collins St, Thornbury | 3 |  | House | Passed in at Auction | 19/12/2025 | Love & Co | |
| 1 Newman St, Thornbury | 2 | | House | Private Sale | 2/12/2025 | Nelson Alexander | |
| 8/15 Rennie St, Thornbury | 1 | | Apartment | Private Sale | 23/11/2025 | Nelson Alexander | View |
Sales data
Median sale price
$1.5mil
Quarterly price change
7.4%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Thornbury | Metro comparison |
|---|---|---|
| 2 | $1,170,000 | $910,000 |
| 3 | $1,461,000 | $830,000 |
| 4 | $1,710,000 | $951,500 |
| Insight | Thornbury | Metro comparison |
|---|---|---|
| Clearance rate | 75.5% | 81.4% |
| Days on market | 31 | 36 |
Rental data
Median weekly rent
$750
Rental yield
2.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Thornbury | Metro comparison |
|---|---|---|
| 2 | $675 | $580 |
| 3 | $790 | $550 |
| 4 | $975 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.