NSW has seen average median house prices change by 4.94% which means that Hornsby, 2077 has done well for property investors by showing a capital gain of -4.78% over the last year
Comparing Hornsby,2077 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Hornsby is $1254500, with sellers offering an average of -8.95% off the asking price.
Often selling an investment property can take time, and in Hornsby the average time real estate has been on the market is 49.5 days.
With the median price for a house in Hornsby being $1254500 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 2.69%
Hornsby is in the bottom 30% in NSW when comparing median price capital growth over the last year. Hornsby gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.99%.
Hornsby,2077 has offered an average of -2.99% return per annum in house price rises to property investors over the last three years.
At number 220th of NSW’s most discounted properties, Hornsby is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 22.50 sales per month, which equates to 270 per year.
On Sydney’s upper north shore, the suburb of Hornsby saw vacancies tighten from 2.5% to 1.9% over the past 12 months as the unit market saw roughly 8% growthFull summary
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Amenity-filled suburb gets crowded
Median unit price: $690,000
Vacancy rate: 1.9%
Three-year growth: 25.5%
On Sydney’s upper north shore, the suburb of Hornsby saw vacancies tighten from 2.5% to 1.9% over the past 12 months as the unit market saw roughly 8% growth.
The suburb’s amenities are a likely factor here, with Hornsby acting as the administrative centre of Hornsby Shire’s LGA. It has a bustling commercial scene – Hornsby is a shopping haven, with a high street shopping village and the Westfield Hornsby shopping centre. A university, Hornsby TAFE, is part of Hornsby Park, along with the Hornsby Aquatic Centre. Other educational institutions include Hornsby North Public School, Clarke Road Special School and Barker College.
Hornsby is also known for its parks and gardens, namely, the Edgeworth David Gardens, Lisgar Gardens and Ginger Meggs Park, which was named for the comic book character.Close