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Hornsby vs Thornleigh

Property investment comparison - Hornsby, NSW 2077 vs Thornleigh, NSW 2120

Head-to-head across core investment metrics: Hornsby wins 2, 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.

MetricHornsbyThornleigh
Median house price$1.9M$1.9M
Median unit price$735K$795K
Gross rental yield (houses)-2.52%
Gross rental yield (units)4.62%4.70%
1-year house growth-2.7%estimate-4.7%
3-year house growth--4.4%
Vacancy rate0.9%0.7%
Population22,4628,898

Hornsby vs Thornleigh: what the numbers say

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

For units, Hornsby sits at a median of $735K against $795K in Thornleigh, which makes Hornsby the more affordable unit market and Thornleigh the pricier one.

Over the past year house prices moved -2.7% in Hornsby (an estimate) and -4.7% in Thornleigh, so recent momentum favours Hornsby, while Thornleigh went backwards.

Rental vacancy is 0.7% in Thornleigh and 0.9% in Hornsby, so landlords in Thornleigh face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Hornsby is the bigger suburb, with a population of 22,462 against 8,898, roughly 2.5 times the size of Thornleigh; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hornsby for recent price momentum, 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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