Asquith has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.58% to date .
While Asquith,2077 ranked number 387th in NSW for increase in median house value (annualised) increase, it is ranked 55th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.45% offered to property buyers. Sellers in Asquith itself are offering an average vendor discount of -3.86% to real estate investors.
On average over the past year, suburb has had 5.25 sales per month, which equates to 63 per year.
Property value increases in Asquith have tracked close to the NSW average of 6.22% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Asquith comes in at number 358th in NSW.
Vendor discounting in Asquith is giving property investors an average Vendor Discount of around -4.03%. This puts suburb at number 233th in NSW when ranking the most discounted suburbs.
Asquith, 2077’s gross rental yield is 4.00%
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.