Suburb Profile Report for Hornsby NSW (2077)

Hornsby House: Median price $1,130,000, Annual capital growth 7.76%, Number of sales 149, Weekly median advertised rent $640

Hornsby Unit: Median price $653,000, Annual capital growth 6.60%, Number of sales 256, Weekly median advertised rent $480

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

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

NSW has seen average median house prices change by 0.62% which means that Hornsby, 2077 has done well for property investors by showing a capital gain of -13.64% over the last year

Across a shorter period, Hornsby, 2077 has seen a median price increase of -5.00% over the last quarter.

Vendor discounting in Hornsby is giving property investors an average Vendor Discount of around -8.25%. This puts suburb at number 144th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Hornsby the average time real estate has been on the market is 52.1 days.

Hornsby is 942th on a list of best yielding suburbs for rents in NSW with a 2.96% return

At number 1161th in the list of Australian suburbs ordered by increase in median house value over the last year, Hornsby, 2077 is in the BOTTOM 30% with a property value increase of -5.43% recorded in median house prices.

Over the longer term, Hornsby has seen property prices show investors a 0.38% return over the last 3 years. This is worse than over the last 12 months

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.92% offered to property buyers. Sellers in Hornsby itself are offering an average vendor discount of -6.61% to real estate investors.

Residents and property investors in Hornsby have been waiting around 63.07 days to sell a property.

Renters in Suburb are facing rents around $24960 per annum or $480 every week.

Information supplied by:


January 2018

M
O

W
E

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.

Metrics i HOUSE UNIT
$1,130,000 $653,000
-1.74% 0.00%
-15.04% -4.81%
7.76% 6.60%
$640 $480
149 256
2.95% 3.82%
55.179104 63.259495

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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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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