At number 1377th in the list of Australian suburbs ordered by increase in median house value over the last year, Hornsby Heights, 2077 is in the top 40% with a property value increase of 10.82% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hornsby Heights has increased when compared to the 5 year average annual rate.
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 Hornsby Heights, 2077. Typically our figures indicate that -5.98% is being offered, which puts this NSW suburb at 1627th most discounted overall in Australia.
Using the current median advertised rental of $670 and the average annual increase in value of a median property of 7.96%, investors should hope to achieve an overall return of 3.02%