The Mazda Familia sits on number two and the Subaru Impreza has been bumped from third place by the Mazda Demio to number four.
Mitsubishi models have dropped from the list altogether, but the Nissan Sunny, Cefiro and Terrano have replaced other Nissan models, Safari and Stagea.
The list is based on AA Insurance's claims data, and shows 96 per cent of theft claims were for cars manufactured more than 10 years ago.
The average value of a stolen vehicle claim from list is $3940, which has dropped from $5120 in 2015.
"Newer models tend to have more sophisticated security systems, so fewer are stolen," Macandrew said.
"You can make your car less attractive to thieves by installing an alarm, using a steering lock, or a visible immobiliser."
She said one of the easiest and most cost effective deterrents is to lock your car before you leave it.
"Our claims statistics show that a car is safer from theft when it's parked in a garage or carport, but if you're going to park on the street then make sure it's under a street light for better visibility," said Macandrew.
The most stolen list
1. Honda Torneo
2. Mazda Familia
3. Mazda Demio
4. Subaru Impreza
5. Nissan Sunny
6. Nissan Cefiro
7. Mazda Atenza
8. Subaru Forester
9. Nissan Terrano
10. Mazda Capella
(Source: AA Insurance claims data 1 Jan 2016 – 31 Dec 2017)
Keeping your car safe
AA Insurance tips for preventing car theft:
•Always lock your car, even when parking at home
•Keep all valuables and your car keys out of sight, including away from your front and back doors
•Where possible try to park in a garage, carport or off-street
•If you have to park on the street, make sure your car is under a street light or in a well-lit area
•If possible use an attended, secure parking building and park close to the entrance or exit
•Install visible security measures such as an alarm light, immobiliser or steering lock
•Know where your keys are at all times, and never leave them in your car, even at home. Thieves will steal car keys so they can take modern vehicles with sophisticated security systems
•Be extra vigilant over weekends and during warmer weather when there are more thefts reported.