Sunday, 30 June 2013

Thornlie Real Estate; Whats the deal?


A quick look at reiwa.com.au or domain.com.au and you will notice that the housing prices in Thornlie aren’t as cheap as they used to be. Only 12 months ago my husband and I were looking to buy in the area and there were many offerings in the cheaper pricing range (under $400k) than there are today.

After buying our home, we found that many of our neighbors were long term Thornlie dwellers and we were so pleased with the presentation of houses in our area. This got me thinking – what is it about Thornlie that has so many people setting themselves up here for life?



I spoke to local real estate agent Nathan Frisina who has been selling homes in Thornlie and the surrounding suburbs for the past 10 years. I asked him why it is exactly that people are interested in buying in the area and why they seem to stay so long.

"Thornlie is an affordable suburb with good infrastructure, shops and parks and is only 18km from the city. It is one of Perth’s largest suburbs and offers a variety of homes from $330,000 - $700,000."


When I asked about the increase in home values, Nathan explained
"Properties in the Thornlie area have increased quite dramatically in the past 12 months. The main reason for the increase in house prices in is that first home buyers have flooded back into the market.
With high rental prices and low interest rates this has encouraged first time buyers to enter the market. The population growth in WA in the past couple of years is also starting to have a positive effect on
house prices."


This is great news for home owners in the area to know that our suburb is recognized for the value it offers. Thornlie is only 20 minutes from the City of Perth with easy access to Roe Hwy, has its own train station and loads of parks and river reserves for recreation.

I went out to photograph the following streetscapes to illustrate the different appearances in the estates. I found many homes were well presented and each estate had its own style. 


Range View Way, Thornlie. Homes here are circa 1950-1960. One of the first residential streets in the Thornlie Area.


Towncentre Drive, Forrest Lakes Estate Thornlie, established in the 1990s and still growing. There is a new development area with house and land packages being built....now!


The gorgeous private Crestwood Estate, Thornlie which was established in the 1970s. All homes back onto parklands that are maintained and managed by the estate. There is also a community pool and centre for use of residents.


Discovery Drive, Castle Glen Estate, Thornlie which was established in the 1980s.


Nathan had the following advice for people looking to buy into the area soon.
"With properties selling so quickly in the area I would recommend contacting some local agents and ask to be put on their mailing lists for newly listed properties as many homes are selling before hitting the internet."


We certainly feel lucky to have bought when we did, and while we have no intention of selling any time soon, it is encouraging to know that the area is valued for the diversity and services it offers. What cannot be captured in pictures is the lush greenery and the charm of the homes, each offering a different flavour of lifestyle. It honours the progression of the suburb and is almost a living history of the area. How lucky we are to live in such a special place!

Forever 6108!


1 comment:


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