Hornsby has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.83% to date .
Over the longer term, Hornsby has seen property prices show investors a 57.96% return over the last 3 years. This is worse than over the last 12 months
Hornsby2077 is located in NSW which offers an average discount of -5.49% to property investors. Hornsby itself is showing figures that indicate -7.56% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $7440 per annum or $620 every week.
Over the last year, property investments in Hornsby, 2077 have given investors a capital gain of 2.96%. This compares badly with the 5.88% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Hornsby comes in at number 241th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Hornsby itself are offering an average vendor discount of -3.50% to real estate investors.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 6.73%, investors should hope to achieve an overall return of 3.78%