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Thursday Island
QLD, 4875 - Torres

Thinking about buying in Thursday Island? Now could not be a better time, with 1430 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,996,000 with prices in this suburb ranging from $534,000 to $4,425,000. Thursday Island is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $105.00
Median Monthly Mortgage $1706.50
Median Persons Per Bedroom 1.05
Average Household Size 3.00
Average Age 31.50
Average Income $1259.00
Average Cars Per Dwelling 1.35
Average Properties Within 50M 15

Housing Stock

Average Property Prices

1 Bed  $534,000
2 Bed  $696,000
3 Bed  $3,452,000
4 Bed  $1,113,000

Thursday Island Real Estate Market Outlook

In Thursday Island there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Thursday Island due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Thursday Island changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Thursday Island necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Thursday Island we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Thursday Island a better buying opportunity than it may have been in the past.


Local Schools

Our Lady of the Sacred Heart School

Tagai State College

(While the above schools are located with the suburb of Thursday Island there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Thursday Island weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan14.125.331.169.392.53.918.3
Feb12.625.330.870.593.63.620.3
Mar10.525.330.871.093.83.419.2
Apr5.625.630.968.490.24.721.1
May1.725.130.365.386.56.220.1
Jun0.424.329.763.887.36.319.1
Jul0.323.429.161.687.96.719.8
Aug0.223.529.658.984.76.722.0
Sept0.124.130.358.083.17.024.1
Oct0.624.931.358.683.66.725.9
Nov0.726.032.159.483.35.826.2
Dec4.325.932.461.387.34.223.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Thursday IslandKeriri IslandHammond IslandHammond IslandHorn IslandHornPrince Of Wales IslandPrince Of WalesPrince Of WalesPunsand


General Points of Interest

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