NSW has seen average median house prices change by 11.06% which means that Asquith, 2077 has done well for property investors by showing a capital gain of 3.25% over the last year
Over the longer term, Asquith has seen property prices show investors a 58.20% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Asquith itself are offering an average vendor discount of -3.77% to real estate investors.
In the last year 54 properties changed hands in Asquith, which puts it as the 621th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $590 and the average annual increase in value of a median property of 10.61%, investors should hope to achieve an overall return of 2.27%
Giving property investors a an unimpressive capital gain of 1.12% for the last year, Asquith, 2077 is the 1083th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Asquith has given property investors a paper return of 0.37%. This puts Suburb as 369 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Asquith, 2077. Typically our figures indicate that -3.04% is being offered, which puts this NSW suburb at 1250th most discounted overall in Australia.
Residents and property investors in Asquith have been waiting around 35.44 days to sell a property.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 4.01%, investors should hope to achieve an overall return of 3.98%
Asquith, located next to the bustling suburb of Hornsby, has been quietly gaining ground over the past three years with the house price growing by a total of 43%Full summary
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Asquith, located next to the bustling suburb of Hornsby, has been quietly gaining ground over the past three years with the house price growing by a total of 43% to $959,500.Close
So far, there are no signs that buyers’ interest has weakened. During the 12 months ending April 2015, median house values surged by 15% according to CoreLogic RP Data.
Online interest is also running strong, with at least 729 potential buyers looking at every listed property.
Who can blame them? Asquith has many desirable features for any buyer or renter.
It’s close to the retail amenities in Hornsby. It’s got its own train station and public buses run regularly as well.
It also boasts wide, leafy streets and it’s surrounded by family-friendly parks.
It’s no surprise then that almost half of the residents are families.
The most popular streets in the suburb include Rupert Street, Sunnymeade Cl and Victory Street.