Date Prepared: 13th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).

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Overview

Thornlands is a family-friendly suburb located approximately 28 km southeast of Brisbane CBD in the Redland City region. With its blend of modern developments, established homes, and proximity to coastal amenities, Thornlands offers a relaxed lifestyle with urban conveniences.

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Demographics

• Population: Approximately 16,500 (2021 Census, ABS).
• Median Age: 39 years, reflecting a mix of families and working professionals.
• Dwelling Type: Primarily standalone houses, with a growing number of modern units and townhouses.
• Ownership: High ownership rates, catering to long-term residents and growing families.

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Property Market (2024)

Houses

• Median Sale Price: $950,000 (+11.4% annual growth).
• Median Weekly Rent: $690.
• Rental Yield: 3.8%.
• Sales Volume: 317 house sales in the past 12 months.

Units

• Median Sale Price: $600,000 (-1.6% annual change).
• Median Weekly Rent: $600.
• Rental Yield: 5.2%.

Long-Term Trends (2006–2024)

• Thornlands has shown steady growth, with house prices rising from $435,000 in 2006 to $950,000 in 2024.

Recent Notable Sales

• 23 Cabernet Crescent: Sold for $1,110,000 (Nov 2024).
• 40 Majestic Circuit: Sold for $1,350,000 (Oct 2024).
• 4 Plover Drive: Sold for $1,600,000 (Oct 2024).

Source: Pricefinder, Your Investment Property Magazine.

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Education

Thornlands offers access to several high-quality schools:

• Primary Schools:
  • Bay View State School.
  • Thornlands State School.
• Secondary Schools:
  • Cleveland District State High School.
• Private Schools:
  • Carmel College.

Source: Queensland Department of Education, Landchecker.

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Amenities and Lifestyle

Shopping

• Local Shops: Thornlands features boutique stores and essential services.
• Nearby Options: Major shopping centres, including Victoria Point Shopping Centre and Cleveland Central, are within a short drive.

Parks and Recreation

• Raby Bay Foreshore Park: Offers scenic walking tracks, picnic areas, and water access.
• Crystal Waters Park: A local favourite with playgrounds and walking paths.
• Thornlands Community Park: Features green spaces and recreational facilities for families.

Source: Google, Walkscore.

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Transport and Accessibility

• Road Network:
  • Thornlands is well-connected via Cleveland-Redland Bay Road and Boundary Road, offering easy access to Brisbane and the Bayside suburbs.
• Public Transport:
  • Nearby Cleveland train station provides regular services to Brisbane CBD.
  • Bus services operate throughout the suburb, connecting residents to schools, shopping, and transport hubs.
• Walkability:
  • Moderate; many parks and local amenities are accessible by foot.

Source: TMR Queensland, Walkscore.

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Recent and Planned Developments

• Residential Growth: Expansion of modern family homes and townhouses to accommodate demand.
• Community Enhancements: Ongoing investment in parks and recreational facilities by Redland City Council.

Source: Pricefinder, Your Investment Property Magazine.

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Community and Employment

• Employment Sectors:
  • Dominated by healthcare, education, retail, and construction industries.
• Community Activities:
  • Regular markets, family events, and outdoor recreational opportunities contribute to Thornlands’ vibrant community life.

Source: ABS, Your Investment Property Magazine.

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Key Statistics at a Glance

Metric	Value
Population	~16,500 (2021 Census).
Median House Price (2024)	$950,000.
Median Rent (Houses)	$690/week.
Rental Yield (Houses)	3.8%.
Median Unit Price (2024)	$600,000.
Median Rent (Units)	$600/week.
Rental Yield (Units)	5.2%.
Notable Parks	Raby Bay Foreshore, Crystal Waters Park, Thornlands Community Park.
Transport Access	Cleveland Train Station, Cleveland-Redland Bay Road.

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Conclusion

Thornlands continues to thrive as a desirable suburb, offering strong growth potential, excellent schools, and a family-friendly lifestyle. Its proximity to both Brisbane and the Bayside ensures sustained demand, making it an attractive option for homeowners and investors alike.