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Balmoral vs Thornleigh

Property investment comparison - Balmoral, NSW 2571 vs Thornleigh, NSW 2120

Head-to-head across core investment metrics: Balmoral wins 1, Thornleigh wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBalmoralThornleigh
Median house price$1.9M$1.9M
Median unit price$665K$795K
Gross rental yield (houses)-2.52%
Gross rental yield (units)2.01%4.70%
1-year house growth--4.7%
3-year house growth--4.4%
Vacancy rate2.3%0.7%
Population4698,898

Balmoral vs Thornleigh: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.9M in Balmoral and $1.9M in Thornleigh.

For units, Balmoral sits at a median of $665K against $795K in Thornleigh, which makes Balmoral the more affordable unit market and Thornleigh the pricier one.

Rental vacancy is 0.7% in Thornleigh and 2.3% in Balmoral, so landlords in Thornleigh face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Thornleigh is the bigger suburb, with a population of 8,898 against 469, roughly 19 times the size of Balmoral; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Thornleigh for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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