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
$625k
Quarterly price change
5.1%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Thornhill Park | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $520,000 | $863,000 |
| 4 | $630,000 | $980,500 |
| Insight | Thornhill Park | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 48.5 | 37 |
Rental data
Median weekly rent
$450
Rental yield
3.9%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Thornhill Park | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | $420 | $550 |
| 4 | $480 | $595 |
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