Suburb Profile Report for Asquith NSW (2077)

Asquith House: Median price $1,300,000, Annual capital growth 10.28%, Number of sales 67, Weekly median advertised rent $565

Asquith Unit: Median price $678,000, Annual capital growth 4.12%, Number of sales 68, Weekly median advertised rent $520

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Investment property in Asquith has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.33%

Across a shorter period, Asquith, 2077 has seen a median price increase of 3.72% over the last quarter.

Vendor discounting in Asquith is giving property investors an average Vendor Discount of around -3.86%. This puts suburb at number 979th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Asquith the average time real estate has been on the market is 76.16 days.

Renters in Suburb are facing rents around $6780 per annum or $565 every week.

Asquith has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.77% to date .

Asquith,2077 was ranked 872 in Australia by increase in median property value over the quarter.

The most recent median price for Asquith is $678000, with sellers offering an average of -3.08% off the asking price.

On average over the past year, suburb has had 5.67 sales per month, which equates to 68 per year.

With the median price for a house in Asquith being $678000 and the advertised rent reaching $520 the gross rental yield for property investors calculates out to be 3.99%

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
$1,300,000 $678,000
3.72% 0.44%
8.33% 6.77%
10.28% 4.12%
$565 $520
67 68
2.26% 3.99%
76.16 42.33

Source: CoreLogic

DSR Score for property investment : Above average (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
Chart Table
Recent sales & rentals