THORNLIE is one of two suburbs in Perth that has been identified as having the strongest value for home buyers, according to a report released last week.
The National Hotspots report from St George Bank said Thornlie was one of a few areas in Perth where affordable houses could still be bought relatively close to the City with quality amenities.
The current median house price for the suburb is $365,000.
St George Bank chief economist Besa Deda said the property market had proved resilient compared with the share market during the economic slowdown and over the past 10 years.
“Savvy home buyers and investors should look outside the square and consider the areas which have not attracted the same level of attention as traditional blue-ribbon locations,” Ms Deda said.
The other suburb was Bassendean.
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