Asquith is in the bottom 30% 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 -9.84%.
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.
Asquith, 2077’s gross rental yield is 2.93%
Property value increases in Asquith have tracked close to the NSW average of -4.02% over the last 12 months.
Over the longer term, Asquith has seen property prices show investors a -3.70% return over the last 3 years. This is worse than over the last 12 months
Asquith, 2077 is offering NSW ‘s 291th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
Renters in Suburb are facing rents around $27040 per annum or $520 every week.
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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.
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.