Thornleigh, NSW 2120
Thornleigh property market
Activity in Thornleigh is spread across all four markets, led narrowly by unit rentals, with 93 sales (down 6.1%) at around $1.862M (up 1.3%) as of July 2026, taking about 24 days to sell (up from 23 days last year), with prices weaker than most house markets, with 4-bedroom the most common at around 38%.
House rentals sit just behind, with 93 leases (down 7.9%) at $890 a week (up 10.6%), renting out in about 16 days (down a lot from 26 days last year), more sought-after than most house rental markets in NSW, with 3-bedroom the most common at around 37%. Then come 56 unit sales at around $789k (down), among the country's biggest unit price drops. 55 unit rentals at $750 a week.
Who lives hereA high-income, mostly owner-occupied, family-oriented suburb — strongly multicultural, with a strongly professional workforce, with great public transport.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Thornleigh demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Unlock the full report
Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
This report
- The complete Thornleigh report
- 30 days of live access
- Download as a PDF
- Months of supply needs the add-on
Full access
- Unlimited suburb reports
- Near real-time + 5-year data
- 50+ dual-metric map views
- Demand cycle + market velocity
Already a member? Sign in
Who lives in Thornleigh?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Thornleigh
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Thornleigh
Incomes, employment, and the occupation mix of the people who live here.
A typical household earns about 1.7× the typical individual here.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Thornleigh
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Thornleigh
2 schools inside Thornleigh, plus the closest options around it. Families can choose from 2 primary schools in Thornleigh and its surrounds — no high school sits within this radius. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Thornleigh · 2Order by
- 1Normanhurst West Public SchoolGovernment · Primary · Co-ed · Years K-6 · Within suburbState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students499Multilingual50%ICSEA Rank50th
- 2Thornleigh West Public SchoolGovernment · Primary · Co-ed · Years K-6 · Within suburbState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students499Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Thornleigh median house price & rent
Headline price, rent, yield and time on market for Thornleigh — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Thornleigh property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Thornleigh
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Thornleigh against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Thornleigh in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Severe shortage | 0.9 | — | 1 | 19 | 1.6 | |
| Severe shortage | 1.1 | ▼ -0.9 | 2 | 19 | 1.6 | |
| Balanced | 2.4 | ▲ +1.3 | 4 | 19 | 1.6 | |
| Slightly loose | 3.7 | ▲ +1.0 | 6 | 19 | 1.6 | |
| Loose | 6.0 | ▲ +4.5 | 10 | 19 | 1.6 | |
| Oversupply | 7.3 | ▲ +6.0 | 12 | 19 | 1.6 |
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| National typical | 0.7 | ▼ -0.6 | 1 | 22 | 1.8 | |
| Slightly loose | 1.0 | ▼ -0.9 | 2 | 22 | 1.8 | |
| Loose | 1.4 | ▲ +0.5 | 3 | 22 | 1.8 | |
| Loose | 1.8 | ▲ +1.0 | 3 | 22 | 1.8 | |
| Oversupply | 1.9 | ▼ -2.9 | 3 | 22 | 1.8 | |
| Oversupply | 2.0 | ▲ +0.8 | 4 | 22 | 1.8 | |
| Oversupply | 2.0 | ▲ +0.5 | 4 | 22 | 1.8 | |
| Oversupply | 2.2 | ▲ +1.0 | 4 | 22 | 1.8 |
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Thornleigh — Units & Houses, all bedrooms
Thornleigh median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Thornleigh rose from $760k (Jul 2021) to $952k (Jun 2026) — +25.3% growth over five years — peaking at $1.65M between Oct 2024 and Sep 2025. Median house rent went from $421/wk to $625/wk (+48.5%) over the same period. For units, the median sale price rose from $535k to $573k (+7.0%), with rent up from $440/wk to $486/wk (+10.5%) over the same period.
Suburbs near Thornleigh: prices compared
The nearest suburbs to Thornleigh, ranked by distance — each lined up against Thornleigh on the same measures, so the differences jump out at a glance.
Suburbs like Thornleigh
Suburbs anywhere in NSW that behave like Thornleigh — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Thornleigh vs Erskineville: the closest sales-market match trades at a median of $1.26M against Thornleigh's $1.06M — about 18% higher, with homes selling in 19 days versus 21 days here.
Comparable sales markets to Thornleigh: Erskineville property growth, Newtown market trends, Winston Hills median house price, Hornsby Heights property prices and Enmore property growth.
Thornleigh's closest rental-market twins: Winston Hills median house price, Enmore property growth, Erskineville property growth, Newtown (NSW 2042) and Hornsby Heights market trends. Each link opens that suburb's full market report.
Frequently asked · Thornleigh
26 data-driven answers about Thornleigh's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Thornleigh?
#The median house price in Thornleigh, NSW 2120 is $1.06M as of June 2026, based on 25 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Thornleigh?
#The median unit price in Thornleigh, NSW 2120 is $1.06M as of June 2026, based on 25 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Thornleigh?
#The median weekly house rent in Thornleigh is $550 as of June 2026, drawn from 27 leases over the past 12 months. Units rent for around $550 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Thornleigh?
#A 3 bedroom house in Thornleigh rents for a median $550 per week as of June 2026, drawn from 27 leases over the past 12 months. Across other house sizes: 2-bedroom $550/week, 4-bedroom $550/week. Unit rents: 1-bedroom $550/week, 2-bedroom $550/week, 3-bedroom $550/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Thornleigh?
#Gross rental yield in Thornleigh is 2.88% for houses and 2.88% for units as of June 2026, compared with the NSW unit median of 2.85%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Thornleigh?
#As of June 2026, Thornleigh medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $1.06M | $1.06M | $1.06M | $1.06M |
| Units | $1.06M | $1.06M | $1.06M | — | $1.06M |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Thornleigh median?
#At the median Thornleigh house ($1.06M purchase, $550/week rent), weekly mortgage repayments sit at roughly $1079 — about $529 more per week than renting. That gap is the ownership premium. For the median unit ($1.06M purchase, $550/week rent), repayments run about $1079 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Thornleigh's property market trends?
#Thornleigh's property market trends to June 2026: house prices rose +50.0% year-on-year and units +0.5%; weekly house rents moved +50.0%; homes now sell in a median 21 days — faster than a year ago by 18; sales supply sits at 7.3 months (saturated). Read together — price, rent, selling speed and supply — they show which way the Thornleigh market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Thornleigh as an investment?
#As of June 2026 in Thornleigh, house prices rose +50.0% over the year, gross rental yield is 2.88% against a NSW median of 2.12%, houses take a median 21 days to sell, sales supply is 7.3 months (saturated). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Thornleigh?
#Houses in Thornleigh sell in a median 21 days on market as of June 2026, with units clearing slightly similarly at 21 days. Days on market have tightened by 18 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Thornleigh a tight or loose property market right now?
#Thornleigh's sales market sits at 7.3 months of supply for houses as of June 2026 — classified as Saturated (extreme oversupply) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 1.8 months of supply.
Have property prices in Thornleigh gone up or down?
#House prices in Thornleigh moved +50.0% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Thornleigh?
#Thornleigh's house rental market sits at 1.8 months of supply as of June 2026 — classified as Balanced, with 22 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Thornleigh in its property market cycle?
#Thornleigh's house market is currently in the 'in_demand_easing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Thornleigh compare to other NSW suburbs?
#Thornleigh's median house price ($1.06M) is 8% above the NSW median ($985k) as of June 2026. On selling speed, houses clear in 21 days vs 22 days state median. On gross yield, Thornleigh sits at 2.88% vs 2.12% state median.
How does Thornleigh compare to neighbouring suburbs?
#Thornleigh's most-similar nearby market is Erskineville (11.7 km away) with a median house price of $1.26M — about 18% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Thornleigh?
#The most-transacted segment in Thornleigh over the 12 months to June 2026 is 2 bed houses with 19 sales. 3 bed houses come second at 19 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Thornleigh last year?
#Thornleigh recorded 19 house sales and 19 unit sales over the 12 months to June 2026 — a combined 38 transactions. On the rental side, 22 houses and 22 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Thornleigh in?
#Thornleigh is in postcode 2120, in the North Shore Sydney region of NSW. Addresses there are written as Thornleigh, NSW 2120.
What is the population of Thornleigh?
#Thornleigh, NSW 2120 is home to 5,150 residents (ABS Census 2021). The median resident age is 35, and the average household holds 1.8 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Thornleigh?
#The median household in Thornleigh earns $1k per week — roughly $76k a year (ABS Census 2021). Median personal income runs $859/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Thornleigh?
#The unemployment rate in Thornleigh is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Thornleigh?
#Thornleigh is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Thornleigh?
#Thornleigh has 150 schools within reach, 2 of them inside the suburb itself — including Normanhurst West Public School, Thornleigh West Public School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Thornleigh a good place to live?
#Thornleigh, NSW 2120 has a population of 5,150, a median age of 35, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Thornleigh market data last updated?
#This Thornleigh market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.