Fairfield vs Thornbury

Thornbury (median $1,390,000) is roughly 32% cheaper to buy into than Fairfield ($2,050,000).

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Fairfield and Thornbury side by side

MeasureFairfieldThornbury
Price and market
Median house$2,050,000$1,390,000
Median unit$594,000$470,000
Renting
House rent$850/wk$798/wk
Unit rent$575/wk$520/wk
Owner occupied–56.0%
Renter occupied–42.0%
Schools
Schools nearby2020
Average ICSEA11381111
Lifestyle and people
Walk score100100
Transit score1000
Bike score100100
Population–19,005
Median age–37
Climate
Annual rainfall611 mm623 mm
Mean max, January27.0°C27.0°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Fairfield (1138) sits above Thornbury (1111).

For buyers
Thornbury is the lower entry point at $1,390,000 median, 32% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Thornbury offers the higher gross rental yield (2.99% vs 2.16%), favouring cash-flow investors.
For families
Fairfield edges out on average school ICSEA (1138 vs 1111).

Fairfield vs Thornbury: common questions

Is Fairfield or Thornbury cheaper to buy in?

Thornbury has the lower median house price at $1,390,000, roughly 32% below Fairfield ($2,050,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Fairfield or Thornbury have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Fairfield scores 1138 vs 1111 in Thornbury. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Fairfield or Thornbury?

Gross rental yield on houses is 2.99% in Thornbury vs 2.16% in Fairfield. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.