Property investors who have had real estate in Asquith, 2077 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.56%
A 87.66% growth in median value for property investors in Asquith,2077 puts this suburb at number 543th in terms of best performing suburbs in NSW
At number 1111th of NSW’s most discounted properties, Asquith is in the TOP 20% of the state/territory when listing in order of most discounted to least.
In the last year 52 properties changed hands in Asquith, which puts it as the 624th most active market in NSW when comparing the number of sales per suburb.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 2.46%, without taking into account capital value appreciation, which has been averaging out at 10.17%.
Over the last year, property investments in Asquith, 2077 have given investors a capital gain of 6.03%. This compares averagely with the 6.92% for NSW as a whole.
Asquith,2077 was ranked 252 in Australia by increase in median property value over the quarter.
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.