Thornbury

VIC 3071

Thornbury is an inner Melbourne suburb in the City of Darebin, about 7 kilometres from the Melbourne CBD. High Street is the main trading strip, centred on Thornbury Village, while Dundas Street marks a long-established industrial edge near Preston. The suburb is a narrow area between Merri Creek and Darebin Creek, with a mix of shopping, industry and residential streets.

Thornbury has an office and consulting market, with medical or consulting suites and office suites and floors in and around the High Street centre. Warehouses and factories remain part of the stock along the Dundas Street and Station Street industrial areas. Northcote, Preston and Fairfield are close comparisons.

24

Active lease listings

commercial properties

$77,500

Median annual rent

asking rent across all listings

142

Median days on market

across all active listings

Lease rate trend

$218/m² p.a.

Median advertised rate

Down 3.1%

Change over 12 months

$228202420252026$271$185Jan 2023Nov 2026

Indicative only: advertised rates across all commercial listing types and sizes in Thornbury. Drill down to individual listings in MarketBuddy

Listings by sector

15

Industrial, Warehouse and Factories

active lease listings

4

Offices

active lease listings

3

Medical / Consulting

active lease listings

2

Retail and Shops

active lease listings

Want to know more?

Explore commercial property insights for Thornbury in MarketBuddy.

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Last updated 7 November 2026