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All About Thornton, Murrindindi, VIC, 3712

Thornton, located in the picturesque Murrindindi Shire in Victoria, offers a tranquil and idyllic setting for those seeking a peaceful lifestyle away from the hustle and bustle of city life. The housing market in Thornton is characterized by a range of charming properties, including cozy cottages, modern homes, and spacious estates, many of which boast beautiful views of the surrounding countryside. Property prices have generally remained stable, with the area providing relatively affordable opportunities for home buyers compared to larger metropolitan areas. The town's appeal is enhanced by its proximity to natural attractions such as Lake Eildon and the scenic Great Dividing Range, making it a popular choice for those who enjoy outdoor activities and a close-knit community atmosphere.

Living in Thornton offers residents a relaxed and fulfilling lifestyle, with a strong sense of community and a slower pace of life. The town itself provides essential amenities such as a local store, cafes, and a community hall, ensuring that daily needs are met without having to travel far. Thornton is also conveniently located near larger towns like Alexandra and Eildon, where additional services and shopping options are available. The local community is known for its friendly and welcoming nature, often coming together for events and activities that celebrate the area's rural charm. Furthermore, the surrounding natural environment offers ample opportunities for hiking, fishing, and camping, making it an ideal place for nature lovers to call home.

Household Makeup

Median Weekly Rent $248.00
Median Monthly Mortgage $975.00
Median Persons Per bed houseroom 0.70
Average Household Size 2.00
Average Age 55.00
Average Income $660.00
Average Cars Per Dwelling 1.97
Average Properties Within 50M 2
Typical 1 bed house$585,000
Typical 2 bed house$332,000
Typical 3 bed house$506,000
Typical 4 bed house$605,000
Typical 6 bed+ house$1,807,000

Housing Stock

Local Internet Speeds

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Thornton Real Estate Market Outlook

Thinking about buying in Thornton? Now could not be a better time, with just 244 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $571,000 with prices in this suburb ranging from $198,000 to $3,029,000. The aproximate distance to the coast is 91 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Thornton is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Thornton changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Thornton requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Thornton we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Thornton a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Thornton there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Thornton weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan3.019.233.139.789.33.323.5
Feb3.219.232.142.189.53.221.0
Mar3.218.330.346.290.02.918.0
Apr1.213.827.643.491.52.716.9
May1.210.124.441.288.72.914.0
Jun1821.746.290.93.012.2
Jul0.76.721.840.588.93.013.3
Aug0.66.424.131.385.03.216.4
Sept0.79.427.129.386.13.120.2
Oct1.913.029.233.888.43.122.9
Nov1.516.332.829.485.03.426.7
Dec3.318.332.040.489.23.224.2

source: Australian Government Bureau of Meteorology



Public Transport



Nearby Suburbs

Taylor BayAcheronAlexandraDevils RiverTaggertyRubiconMaintongoonLake EildonWhanregarwenKoriella

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