Thirlmere, NSW
OVERVALUED3,776 sales · 36 years of data · NSW, Australia
Thirlmere, NSW Property Market Overview
Located in the Macarthur region of New South Wales, Thirlmere (postcode 2572) presents a unique blend of rural charm and accessibility to larger urban centres. Our analysis of the Thirlmere property market encompasses 36 years of recorded sales data, revealing a total of 3,776 transactions. This extensive dataset provides a solid foundation for understanding the suburb’s long-term performance.
Currently, the median property price in Thirlmere stands at $925,000, with houses commanding a median of $942,500 and apartments at $730,000. Thirlmere is known for its relaxed lifestyle and proximity to the NSW Rail Museum, making it a popular destination for families and those seeking a quieter pace of life. The availability of larger blocks of land compared to inner-city suburbs contributes to its appeal.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Thirlmere
Top streets in Thirlmere, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Brundah Rd | $950,000 |
| 2 | Mason St | $1,015,000 |
| 3 | Cabrera St | $1,245,000 |
| 4 | Westbourne Ave | $1,015,000 |
... and 126 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Highland Cres | $2,044/m² |
| 2 | Cabrera St | $2,759/m² |
| 3 | Walter St | $2,077/m² |
| 4 | Westbourne Ave | $5,794/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Shelleys Lane | +7.5% |
| 2 | Oaks St | +8.4% |
| 3 | Carlton Rd | +6.6% |
| 4 | Westbourne Ave | +7.1% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 42 Carlton Rd | $669,000 |
| 2 | 80 Westbourne Ave | $730,000 |
... and 5 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Thirlmere analysis
130 streets and 9 buildings to explore
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Thirlmere at a Glance
Thirlmere, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Thirlmere, NSW
Living in Thirlmere offers a relaxed, semi-rural lifestyle with a strong sense of community. The suburb is home to the NSW Rail Museum, a major attraction that draws visitors and provides a unique historical element. Residents enjoy access to local parks like Thirlmere Park and the beautiful scenery of the surrounding Wollondilly Shire.
Families are drawn to Thirlmere due to the presence of schools such as Thirlmere Public School and nearby Picton High School. While Thirlmere itself is not directly serviced by a train station, the nearby Picton station provides access to the Sydney Trains network. Local shops and amenities cater to the daily needs of residents, with larger shopping centres available in nearby towns. The overall vibe is peaceful and family-friendly, making Thirlmere an appealing place to call home.
Thirlmere's community spirit is evident in its local events and activities, fostering a strong sense of belonging among residents. The suburb's character is defined by its blend of rural charm and suburban convenience.
Who Buys in Thirlmere?
The typical buyer in Thirlmere is often a family seeking a larger property with a backyard, drawn by the suburb's more affordable housing options compared to Sydney's inner suburbs. The low strata percentage of 2.4% suggests that the demand for apartments is relatively low, with most buyers preferring houses. While the median house price of $942,500 may be out of reach for some first home buyers, the historical CAGR of 5.1% over the past 10 years indicates potential for long-term capital growth.
Downsizers and retirees may also find Thirlmere appealing due to its quieter lifestyle and access to amenities. The suburb's semi-rural setting and community atmosphere attract those seeking a change of pace from city living.
Market Analysis
The Thirlmere property market, as of early 2026, is currently positioned above its long-term trend, indicating that it is in overvalued territory. This means that current property prices in Thirlmere are elevated compared to their historical average, based on our proprietary cycle analysis. It's crucial to understand that cycle positions reflect past performance and do not guarantee future outcomes.
Potential buyers and sellers in Thirlmere should be aware of this market dynamic. An overvalued market can present different opportunities and challenges for both parties. Our analysis provides context for making informed decisions, considering the broader economic landscape and individual circumstances.
Is Thirlmere a Good Investment?
Thirlmere's growth patterns are driven by its affordability relative to Sydney, its semi-rural lifestyle, and its proximity to major transport corridors. The suburb's historical CAGR of 5.7% over the full 36-year period demonstrates its long-term potential. The demand for housing in Thirlmere is supported by its appeal to families seeking larger properties and a more relaxed environment.
Currently, the Thirlmere property market is positioned above its long-term trend, indicating it is in overvalued territory. This reflects a period of strong price growth. However, historical performance is not indicative of future outcomes, and potential buyers should conduct thorough due diligence and consider their individual circumstances. The long-term growth drivers of Thirlmere, such as its affordability and lifestyle, continue to underpin its property values.
Thirlmere Market Outlook
As of early 2026, the Thirlmere property market is characterised by a position above its long-term trend, indicating that it is in overvalued territory. Recent price trends reflect a period of sustained growth. It is important to note that market conditions can change rapidly, and this outlook is based on current data and trends.
Potential buyers and sellers should stay informed about the latest market developments and seek professional advice to make informed decisions. Monitoring key indicators such as sales volumes, interest rates, and economic conditions can provide valuable insights into the future direction of the Thirlmere property market.
Streets & Location in Thirlmere, NSW
Thirlmere, identified by postcode 2572, features a variety of residential streets, with Highland Crescent, Bridge Street, and Brundah Road being among the streets with the highest median property prices. The suburb is characterised by its semi-rural setting and proximity to natural attractions. With a total of 130 streets, Thirlmere offers a diverse range of property types and locations.
The location of properties within Thirlmere can significantly impact their value, with factors such as proximity to amenities, schools, and transport influencing buyer demand.
Market Dynamics
Transaction patterns in Thirlmere reveal an average settlement timeframe of 59 days. This indicates the typical duration between the sale agreement and the final transfer of ownership. The absence of quick-flip data suggests a limited presence of short-term speculative activity in Thirlmere.
The average settlement time frame provides insight into the efficiency of the property transaction process in Thirlmere. Potential buyers and sellers should factor this timeframe into their planning.
Development & Density
Thirlmere exhibits a relatively low development density, characterised by a prevalence of detached houses and a limited number of apartment buildings. With only 9 apartment buildings, Thirlmere retains a more traditional suburban feel. This is reflected in the low strata percentage, indicating a smaller proportion of properties under strata title.
The housing composition in Thirlmere contributes to its overall character and lifestyle. The availability of larger blocks of land and detached houses attracts families and those seeking more space.
Growth & Property Mix
Historically, Thirlmere has demonstrated consistent capital growth. Over the past 10 years, the suburb has achieved a Compound Annual Growth Rate (CAGR) of 5.1%. Looking further back, the 20-year CAGR stands at 4.9%, while the full-period CAGR, encompassing the entire 36-year dataset, is 5.7%. These figures provide a historical perspective on property value appreciation in Thirlmere.
The property mix in Thirlmere is predominantly houses, with apartments representing a smaller segment of the market. This is reflected in the strata percentage of 2.4%, indicating a lower concentration of apartment buildings compared to other suburbs.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.