Suburb Profile Report for Asquith NSW (2077)

Asquith House: Median price $1,242,129, Annual capital growth 9.56%, Number of sales 61, Weekly median advertised rent $565

Asquith Unit: Median price $672,500, Annual capital growth 4.26%, Number of sales 59, Weekly median advertised rent $545

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Asquith, 2077 have given investors a capital gain of 3.51%. This compares badly with the 6.38% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Asquith has increased when compared to the 5 year average annual rate.

Property buyers and investors in Asquith 2077 should be seeing an average reduction in asking price of around -2.96% . This means that Asquith is holding prices well when compared to other suburbs in NSW.

A $565 per week rent on the median house gives suburb investors a gross yield of circa 2.37%, without taking into account capital value appreciation, which has been averaging out at 9.56%.

Property investors who have had real estate in Asquith, 2077 should be relatively pleased 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 6.75%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Asquith has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Asquith is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 453th in terms of most discounted suburbs in NSW

In the last year 59 properties changed hands in Asquith, which puts it as the 234th most active market in NSW when comparing the number of sales per suburb.

Asquith is 269th on a list of best yielding suburbs for rents in NSW with a 4.21% return

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
HOUSE UNIT
$1,242,129 $672,500
-2.96% 0.52%
3.51% 6.75%
9.56% 4.26%
$565 $545
61 59
2.37% 4.21%
75.9 49

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (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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