Suburb Profile Report for Asquith NSW (2077)

Asquith House: Median price $1,350,000, Annual capital growth 10.61%, Number of sales 54, Weekly median advertised rent $590

Asquith Unit: Median price $680,000, Annual capital growth 4.01%, Number of sales 123, Weekly median advertised rent $520

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

NSW has seen average median house prices change by 11.06% which means that Asquith, 2077 has done well for property investors by showing a capital gain of 3.25% over the last year

Over the longer term, Asquith has seen property prices show investors a 58.20% return over the last 3 years. This is worse than over the last 12 months

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Asquith itself are offering an average vendor discount of -3.77% to real estate investors.

In the last year 54 properties changed hands in Asquith, which puts it as the 621th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $590 and the average annual increase in value of a median property of 10.61%, investors should hope to achieve an overall return of 2.27%

Giving property investors a an unimpressive capital gain of 1.12% for the last year, Asquith, 2077 is the 1083th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Asquith has given property investors a paper return of 0.37%. This puts Suburb as 369 on a list of fastest fasting appreciating suburbs in NSW

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Asquith, 2077. Typically our figures indicate that -3.04% is being offered, which puts this NSW suburb at 1250th most discounted overall in Australia.

Residents and property investors in Asquith have been waiting around 35.44 days to sell a property.

Using the current median advertised rental of $520 and the average annual increase in value of a median property of 4.01%, investors should hope to achieve an overall return of 3.98%

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
$1,350,000 $680,000
-1.57% 0.37%
3.25% 1.12%
10.61% 4.01%
$590 $520
54 123
2.27% 3.98%
71.35 35.44

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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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Recent sales & rentals