Thornhill Park at a glance
6,679
People
$580,000
Median sale
$531/wk
Median rent
4.76%
Suburb gross yield
Median sale from 212 recorded sales (last 12 months) — a Districts calculation.
VIC › Thornhill Park › Parklea Way
$645,001
Last sold
26 June 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
294 m²
Land
21 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$645,001
26 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Thornhill Park (last 5 years) with land size have a median of $1,946/m² of land (n=95). Districts calculation from recorded sales — not a valuation.
Thornhill Park at a glance
6,679
People
$580,000
Median sale
$531/wk
Median rent
4.76%
Suburb gross yield
Median sale from 212 recorded sales (last 12 months) — a Districts calculation.
Vs Thornhill Park
+11.2%
Median sale
Suburb $580,000
-0.48 pp
Gross yield
Suburb 4.76%
Suburb median $580,000 from 212 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $531/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Thornhill Park at a glance
6,679
People
$580,000
Median sale
$531/wk
Median rent
4.76%
Suburb gross yield
Median sale from 212 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by JioREVeerpal Kaur and Jio Real estate present this stunning brand-new residence in the highly sought-after The Murray Estate, offering the perfect blend of luxury, comfort, and modern family living.
Situated in the heart of Thornhill Park, this beautifully designed home features 4 spacious bedrooms, 3 luxurious bathrooms, and a double car garage, making it ideal for growing families, first-home buyers, or investors alike.
Designed with quality and elegance throughout, the home showcases:
• Double master bedroom
• Wide and welcoming entrance
• Stylish picture wall panels with glass features
• Premium 60mm stone benchtops with waterfall edges
• Fully fitted butler's pantry
• Floor-to-ceiling tiles in all bathrooms
• Double-glazed windows for added comfort and energy efficiency
• Refrigerated heating and cooling throughout
• Digital entrance lock for modern security
• Premium modern façade with exceptional street appeal
• Exposed aggregate driveway
• Fully landscaped gardens and fully fenced yard
• Concrete pathways surrounding the entire home for low-maintenance living
• 2.7meter celling height throughout
• Premium cabinetry and shelving in all the robes
• 2.7meter celling height throughout
• Premium cabinetry and shelving in all the robes
***Amenities***
Thornhill Park Primary School 1 min drive
Thornhill Park Catholic Primary School just at 2 mins drive
Freeway Access Inbound and Outbound
Aspire Childcare Centre Thornhill Park 1-2 min drive
Cobblebank Station 5-7 min drive
Thornhill Central Shopping Centre 1-2 min drive
Francis Catholic collage 5 min drive St.
Cobblebank Coles at 4-5 mins drive
Cobblebank station is just at 5-6 mins drive
Perfectly positioned within walking distance to schools, childcare centres, parks, community centre, local shops, and the town centre, this home delivers unmatched convenience in a thriving family-friendly community.
This is a rare opportunity to secure a turnkey luxury home in one of Melbourne's fastest-growing suburbs.
So, before this property falls out of reach, call and enquire with Veerpal Kaur at 0425194470 to ensure you do not lose out on this exceptional opportunity. If you are looking to sell your home in order to purchase this masterpiece, call us for a free appraisal of your property at your earliest convenience.
For a Due Diligence Checklist, please refer to the following link: http://www.consumer.vic.gov.au/duediligencechecklist.
DISCLAIMER: All dimensions provided are approximate. The information given is for general purposes only and does not constitute any representation by the vendor or agent.
Listing description written by Veerpal Kaur, JioRE — reproduced as published, not verified by Districts.