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