Suburb Profile Report for Hornsby NSW (2077)

Hornsby House: Median price $1,277,500, Annual capital growth 8.45%, Number of sales 107, Weekly median advertised rent $650

Hornsby Unit: Median price $670,000, Annual capital growth 6.90%, Number of sales 303, Weekly median advertised rent $490

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

If you compare the increase in value of investment property in Hornsby, 2077 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -3.58%.

If we look at median property appreciation over just the last three months, Hornsby has given property investors a paper return of -4.13%. This puts Suburb as 1195 on a list of fastest fasting appreciating suburbs in NSW

Hornsby, 2077 is offering NSW ‘s 345th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.

With the median price for a house in Hornsby being $1277500 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 2.65%

Hornsby has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.14% to date .

Taking the average capital gain, or increase in median house value, Hornsby,2077 has racked up an average of -1.14% over the period. This ranks it number 1027th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Hornsby should be aiming for at least -4.53% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Hornsby the average time real estate has been on the market is 54.13 days.

Property investors should expect to get $490 weekly from the median priced house in this suburb.

Information supplied by:


January 2018

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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

Amenity-filled suburb gets crowded

Postcode: 2077

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
Metrics i HOUSE UNIT
$1,277,500 $670,000
-4.13% -1.47%
-3.58% -1.14%
8.45% 6.90%
$650 $490
107 303
2.65% 3.80%
43.14 54.13

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 19863
Median household income ($/weekly) 1436
Median age of persons 35
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 2089 10.5
    25-34 years 3697 18.6
    35-44 years 3467 17.5
    45-54 years 2649 13.3
    55-64 years 1928 9.7
    Others 6033 30.4
    Age Group
    Census Count Percent(%)
    Registered Married 7858 52.1
    Not Married 6278 41.6
    Defacto Relationship 950 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 9625 51.0
    Croatia 1755 9.3
    Indonesia 1007 5.3
    United Kingdom 868 4.6
    Other 1863 9.9
    Others 3744 19.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 884 4.9
    Christianity 10326 56.8
    Hinduism 1112 6.1
    Islam 514 2.8
    No Religion 4965 27.3
    Others 363 2.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 620 8.9
    $1,250-$1,499 582 8.4
    $1,500-$1,999 984 14.2
    $2,000-$2,499 655 9.4
    $2,500-$2,999 770 11.1
    Others 3343 48.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6790 43.9
    Not in the labour force 4642 30.0
    Employed, worked part-time 2905 18.8
    Unemployed, looking for work 622 4.0
    Employed, away from work 519 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 1162 11.4
    Professionals 3303 32.3
    Technicians & trades workers 1123 11.0
    Community & personal service workers 923 9.0
    Clerical & administrative workers 1606 15.7
    Others 2098 20.5
    Occupation
    Census Count Percent(%)
    Pre-school 361 7.3
    Infants/Primary 1433 28.9
    Secondary 1106 22.3
    Technical or Further Educational Institution 654 13.2
    University or other Tertiary Institutions 1183 23.9
    Others 217 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 8780 47.0
    Separate house 8458 45.3
    Semi-detached, row or terrace house, townhouse 1421 7.6
    House or flat attached to a shop, office 29 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2966 39.7
    Being purchased 2590 34.7
    Fully owned 1854 24.8
    Other tenure type 56 0.8
    Tenure Type
Census 2011, ABS
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