Investment property in Hornsby Heights has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.76%
Across a shorter period, Hornsby Heights, 2077 has seen a median price increase of 3.46% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Hornsby Heights is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 470th in terms of most discounted suburbs in NSW
At number 341 in a list of fastest selling suburbs, Hornsby Heights is in the TOP 10% of suburbs in Australia with an average of days on market 37.52 for properties listed there.
A $655 per week rent on the median house gives suburb investors a gross yield of circa 2.85%, without taking into account capital value appreciation, which has been averaging out at 8.40%.