Market snapshot
Suburb insights for Thornhill Park3335
Change suburbThornhill Park, approximately 32 km west of Melbourne's CBD, is a newly developed suburb featuring affordable new homes, expanding amenities, and access to the Western Freeway. It's well-suited to buyers seeking space and anticipated growth.
Sales data
Median sale price
$590k
Quarterly price change
-6.2%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Thornhill Park | Metro comparison |
|---|---|---|
| 2 | - | $940,000 |
| 3 | $514,000 | $851,000 |
| 4 | $625,500 | $970,000 |
| Insight | Thornhill Park | Metro comparison |
|---|---|---|
| Clearance rate | 77.8% | |
| Days on market | 47.5 | 36 |
Rental data
Median weekly rent
$460
Rental yield
4%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Thornhill Park | Metro comparison |
|---|---|---|
| 2 | - | $585 |
| 3 | $430 | $550 |
| 4 | $480 | $600 |
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