Thornbury captures the same High Street energy as Northcote at notably lower price points — a welcoming inner-north suburb of California bungalows, weatherboard cottages, and converted warehouses where an exceptional café culture, the Thornbury Theatre, and a vibrant arts community create a lifestyle quality that justifies rapid price appreciation. Thornbury's consistent positioning as the 'next Northcote' has been delivering above-market capital growth for investors who entered a decade ago, and the trend continues. At the current $1.05m median house price, an 80% loan at 6.25% over 30 years is about $5,172 per month.
| Median house price | $1,050,000 |
|---|---|
| Median unit price | $640,000 |
| Estimated monthly repayment | $5,172 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7.5% |
| Gross rental yield | 4% |
| Typical days on market | 13 |
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