Thornbury, VIC 3071, with a population of 19,005, has a diverse age range, with a significant number of residents aged 20-44 years. The suburb offers a good mix of occupations, with professionals, managers, and technicians/tradeworkers being the top three. Residents have various commuting options, including trains, buses, and a high percentage work from home (WFH). The suburb has a median household income slightly below $2,000 per week. For houses in Thornbury, the high market absorption rate, low vacancy rate, strong demand for renting rooms, and consistent population growth suggest a potential for capital growth. The suburb may appeal to investors looking for renovation opportunities due to the high sale price IQR ratio. For units, Thornbury exhibits a higher market absorption rate, lower vacancy rate, and good room demand-supply ratio, indicating a strong rental market. Units also show good median growth rates. Thornbury, VIC 3071, offers a vibrant community with a range of amenities and educational advantages for families. Investors should consider the high demand for rental properties in the suburb, with both houses and units showing promising investment potential. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022