Melton · 3335
Thornhill Park, VIC
listings tightening 6.0% YoY, population +7.8% (5y).
NextSuburb scoreTier C
49Average
Median house
$603k
5y growth
2.4%/yr
Gross yield
3.3%
Vacancy
1.4%
Late-cycle holdMedium confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)2.4%/yr24/100
- Population growth+7.8% (5y)78/100
- Supply tightening-6.0% YoY80/100
- Rental yield3.3%66/100
- Rental demand1.4% vacancy65/100
- Income growth+16.0% (5y)64/100
- Construction pipelineno nearby pipeline0/100
- Affordability60% under cap60/100
Why this score
Thornhill Park scores 49/100 (Average). The two strongest signals: 7.8% population growth over five years and 3.3% gross rental yield. The standout watch-out: 5-year growth of 2.4%/yr trails the national pace.
Drivers
- Supply tightening-6.0% YoY
- Population growth+7.8% (5y)
- Rental yield3.3%
- Tight rentals1.4%
Risks
- Modest 5y growth (2.4%/yr)
- No major construction project in this state
Nearest infrastructure
Melbourne Airport Rail — Sunshine Hub18.8 km away
Approved · $13.0bn · completion 2033
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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