City of Melton
Thornhill Park Property Market
& Suburb Profile

MEDIAN PRICES IN THORNHILL PARK
Median house price
(all agencies, last 12 months)$590k*House price change
(all agencies, last 12 months)-1.66%(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)
THORNHILL PARK price TRACKER
Thornhill Park sales overview
- Sold by Auction 36%
- Sold by Private Sale or Other Method 64%
- (Based on Sales Reported in the Last 12 Months)
Average days on market (houses)
(all agencies, 12 months)53Auction clearance rate in Thornhill Park
(all agencies, last 12 months)50%Average held period in Thornhill Park
(proptrack)1 yearsThornhill Park Investor Statistics
Median rental price for Houses
(all agencies, last 12 months)$488pwMedian rental price for Units
(all agencies, last 12 months)$450pwUnit rental price change
(all agencies, last 12 months)0.02%Average rental yield for Houses
(all agencies, last 12 months)4.15%Average rental yield for Units
(all agencies, last 12 months)4.79%Thornhill Park total population size
(as at the last census)3,066Median household size in Thornhill Park
(as at the last census)3(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)
Thornhill Park property types
- Houses 66%
- Other 34%
OCCUPANCY in Thornhill Park
- Owned 72%
- Rented 25%
- Other/Not Stated 3%
- Singles 14%
- Families 83%
- Other 2%
About Thornhill Park
Education

Sales Comparison
Find out how Thornhill Park median sales prices compare to neighbouring suburbs.
Thornhill Park MARKET INSIGHTS
| Year | Sold | Median Sale Price (All Residential) | Sales Growth YoY |
|---|---|---|---|
| 2025 | 236 | $295,000 | -1.66% |
| 2024 | 264 | $294,500 | -3.44% |
| 2023 | 173 | $542,500 | +3.39% |
| 2022 | 152 | $295,000 | +9.27% |
| 2021 | 162 | $269,975 | -0.01% |
| Year | Leased | Median Rental Price (All Residential) | Rental Yield |
|---|---|---|---|
| 2025 | 464 | $469pw | 4.47% |
| 2024 | 469 | $487pw | 4.33% |
| 2023 | 400 | $464pw | 4.13% |
| 2022 | 252 | $419pw | 3.75% |
| 2021 | 216 | $392pw | 3.60% |
PROUDLY SERVICING Thornhill Park
*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).
The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.