Suburb Profile Report for Asquith NSW (2077)

Asquith House: Median price $1,339,000, Annual capital growth 10.60%, Number of sales 55, Weekly median advertised rent $585

Asquith Unit: Median price $675,000, Annual capital growth 3.55%, Number of sales 116, Weekly median advertised rent $520

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 2370th in the list of Australian suburbs ordered by increase in median house value over the last year, Asquith, 2077 is in the BOTTOM 50% with a property value increase of 4.41% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Asquith,2077 has racked up an average of 4.41% over the period. This ranks it number 203th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Asquith is giving property investors an average Vendor Discount of around -3.94%. This puts suburb at number 880th in NSW when ranking the most discounted suburbs.

At number 2131 in a list of fastest selling suburbs, Asquith is just in the bottom half of suburbs in Australia with an average of days on market 83.88 for properties listed there.

Property investors should expect to get $585 weekly from the median priced house in this suburb.

Asquith has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -0.07% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Asquith comes in at number 372th in NSW.

Sellers are offering property buyers an average discount of -3.15% to buyers in Asquith at the moment, which is less than average for the rest of NSW.

On average over the past year, suburb has had 9.67 sales per month, which equates to 116 per year.

A $520 per week rent on the median house gives suburb investors a gross yield of circa 4.01%, without taking into account capital value appreciation, which has been averaging out at 3.55%.

YIP MAG Information supplied by:

YIP MAG
July 2015

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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%Full summary

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.

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.

Close
Metrics i HOUSE UNIT
$1,339,000 $675,000
1.39% -0.59%
4.41% -0.07%
10.60% 3.55%
$585 $520
55 116
2.27% 4.01%
83.88 36.52

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
Find a mortgage broker in Asquith NSW
Demographics
Total population 3474
Median household income ($/weekly) 1643
Median age of persons 39
Median housing loan repayment ($/monthly) 2200
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 456 13.1
    25-34 years 360 10.4
    35-44 years 525 15.1
    45-54 years 510 14.7
    55-64 years 441 12.7
    Others 1182 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 1510 57.2
    Not Married 1007 38.1
    Defacto Relationship 125 4.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2322 68.7
    Croatia 102 3.0
    Papua New Guinea 86 2.5
    United Kingdom 173 5.1
    Other 174 5.1
    Others 522 15.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 105 3.2
    Christianity 2270 69.3
    Hinduism 73 2.2
    Islam 50 1.5
    No Religion 741 22.6
    Others 37 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 89 8.4
    $1,000-$1,249 89 8.4
    $1,500-$1,999 138 13.0
    $2,000-$2,499 128 12.0
    $2,500-$2,999 119 11.2
    Others 501 47.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1075 39.6
    Not in the labour force 898 33.1
    Employed, worked part-time 563 20.7
    Employed, away from work 92 3.4
    Unemployed, looking for work 87 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 196 11.3
    Professionals 529 30.6
    Technicians & trades workers 218 12.6
    Community & personal service workers 165 9.5
    Clerical & administrative workers 276 16.0
    Others 346 20.0
    Occupation
    Census Count Percent(%)
    Pre-school 95 10.3
    Infants/Primary 301 32.8
    Secondary 246 26.8
    Technical or Further Educational Institution 70 7.6
    University or other Tertiary Institutions 181 19.7
    Others 25 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3044 90.2
    Semi-detached, row or terrace house, townhouse 277 8.2
    Flat, unit or apartment 41 1.2
    House or flat attached to a shop, office 11 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 497 42.2
    Being purchased 447 38.0
    Rented 227 19.3
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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