Asquith is in the bottom 40% in NSW when comparing median price capital growth over the last year. Asquith gave property investors a disappointing capital gain figure when compared to the rest of the state, with 8.11%.
The five-year average increase in median property values for Asquith,2077 has given property investors a potential capital gain of 106.37% across each of those five years.
Property buyers and investors in Asquith 2077 should be seeing an average reduction in asking price of around -3.83% . This means that Asquith is holding prices well when compared to other suburbs in NSW.
At number 425 in a list of fastest selling suburbs, Asquith is in the TOP 40% of suburbs in Australia with an average of days on market 43 for properties listed there.
Situated 21.42km from the CBD, Asquith is one of Hornsby localities in the postcode 2077.
Property investors who have had real estate in Asquith, 2077 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.28%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Asquith has increased when compared to the 5 year average annual rate.
With the median price for a house in Asquith being $673000 and the advertised rent reaching $517.5 the gross rental yield for property investors calculates out to be 4.00%
Asquith, located next to the bustling suburb of Hornsby, has been quietly gaining ground over the past three years with the house price growing by a total of 43%Full summary
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Asquith, located next to the bustling suburb of Hornsby, has been quietly gaining ground over the past three years with the house price growing by a total of 43% to $959,500.Close
So far, there are no signs that buyers’ interest has weakened. During the 12 months ending April 2015, median house values surged by 15% according to CoreLogic RP Data.
Online interest is also running strong, with at least 729 potential buyers looking at every listed property.
Who can blame them? Asquith has many desirable features for any buyer or renter.
It’s close to the retail amenities in Hornsby. It’s got its own train station and public buses run regularly as well.
It also boasts wide, leafy streets and it’s surrounded by family-friendly parks.
It’s no surprise then that almost half of the residents are families.
The most popular streets in the suburb include Rupert Street, Sunnymeade Cl and Victory Street.