Laverton vs Thornhill Park
Property investment comparison - Laverton, VIC 3028 vs Thornhill Park, VIC 3335
Head-to-head across core investment metrics: Laverton wins 3, Thornhill Park wins 1. 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.
| Metric | Laverton | Thornhill Park |
|---|---|---|
| Median house price | $625K | $625K |
| Median unit price | $575K | $515K |
| Gross rental yield (houses) | 3.90% | - |
| Gross rental yield (units) | 4.99% | 3.85% |
| 1-year house growth | +4.5% | +4.5% |
| 3-year house growth | +6.4% | +0.7% |
| Vacancy rate | 2.2% | 5.5% |
| Population | 4,760 | 3,066 |
Laverton vs Thornhill Park: what the numbers say
Houses cost about the same in both suburbs: the median house price is $625K in Laverton and $625K in Thornhill Park.
For units, Laverton sits at a median of $575K against $515K in Thornhill Park, which makes Thornhill Park the more affordable unit market and Laverton the pricier one.
Over the past year house prices moved +4.5% in both suburbs.
Looking back three years, Laverton houses are +6.4% and Thornhill Park houses +0.7%, so Laverton has compounded faster than Thornhill Park over the longer window.
Rental vacancy is 2.2% in Laverton and 5.5% in Thornhill Park, so landlords in Laverton face less competition for tenants.
Laverton is the bigger suburb, with a population of 4,760 against 3,066, larger than Thornhill Park; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Laverton 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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Thornhill Park, VIC 3335
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