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City of Darebin

Thornbury

Thornbury Property Market
& Suburb Profile

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MEDIAN PRICES IN THORNBURY

Median house price

(all agencies, last 12 months)$1.4m*

House price change

(all agencies, last 12 months)+1.58%

Median unit price

(all agencies, last 12 months)$645k*

Unit price change

(all agencies, last 12 months)-2.27%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

THORNBURY price TRACKER

HousesUnits

Thornbury sales overview

  • Sold by Auction 48%
  • Sold by Private Sale or Other Method 52%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)25

Average days on market (units)

(all agencies, 12 months)27

Auction clearance rate in Thornbury

(all agencies, last 12 months)56%

Average held period in Thornbury

(proptrack)14 years

Thornbury Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$769pw

House rental price change

(all agencies, last 12 months)-0.02%

Median rental price for Units

(all agencies, last 12 months)$520pw

Unit rental price change

(all agencies, last 12 months)0.04%

Average rental yield for Houses

(all agencies, last 12 months)2.62%

Average rental yield for Units

(all agencies, last 12 months)4.3%

Thornbury total population size

(as at the last census)19,005

Median household size in Thornbury

(as at the last census)2.3

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Thornbury property types

  • Houses 33%
  • Units 33%
  • Other 34%

OCCUPANCY in Thornbury

  • Owned 56%
  • Rented 42%
  • Other/Not Stated 2%
  • Singles 34%
  • Families 59%
  • Other 7%

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About Thornbury

Thornbury is an impeccably located urban gem which has undergone a revitalisation in recent years.

Thornbury is a burgeoning area with a vast array of entertainment, dining and shopping options for residents right along High St including in the very quaint yet vibrant Thornbury Village shopping precinct.

Thornbury offers something for everyone; it offers residents an inner-city lifestyle but with a little more room to move.

Thornbury has a number of established parklands and many wide green open spaces including the Strettle Wetland Reserve and the Merri Creek Trail. Scenic views, cycling and walking tracks as well as play and recreational areas are all available in abundance. It’s hard to believe this suburb is only twenty minutes from the Melbourne CBD.

For those who work in the city or in neighbouring suburbs, Thornbury is brilliantly serviced by public transport with a number of well-planned bus routes, several arterial tram lines and the suburban train network combining to make the task of commuting stress-free.

There is also plenty of choice when it comes to education for families, with a good selection of early years, primary and secondary schools to select from. Thornbury offers every possible desired lifestyle amenity for an inner-city suburb, along with some extra room to move.

Nearby suburbs:

  • Coburg
  • Northcote
  • Brunswick East
  • Alphington
  • Preston
  • Fairfield
  • Ivanhoe

Education

Holy Spirit School
Penders Grove Primary School
St Mary's School
Thornbury High School
Thornbury Primary School
Victorian School Of Languages
Virtual School Victoria
Wales Street Primary School
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Sales Comparison

Find out how Thornbury median sales prices compare to neighbouring suburbs.

Thornbury MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025444$1,047,5001.58%731$645pw3.46%
2024422$1,031,2505.77%760$642pw3.66%
2023344$1,018,750-6.12%819$626pw3.46%
2022401$1,063,750-2.22%1093$555pw3.12%
2021408$1,100,25018.90%1173$510pw2.62%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025444$1,047,500+1.58%
2024422$1,031,250+5.77%
2023344$1,018,750-6.12%
2022401$1,063,750-2.22%
2021408$1,100,250+18.90%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025731$645pw3.46%
2024760$642pw3.66%
2023819$626pw3.46%
20221093$555pw3.12%
20211173$510pw2.62%

PROUDLY SERVICING Thornbury

Barry Plant
Northcote, Thornbury & Preston

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*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.