Suburb Profile Report for Hornsby NSW (2077)

Hornsby House: Median price $1,077,500, Annual capital growth 7.00%, Number of sales 89, Weekly median advertised rent $630

Hornsby Unit: Median price $644,500, Annual capital growth 5.99%, Number of sales 239, Weekly median advertised rent $470

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

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

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  • House Report
  • Unit Report

At number 3462th in the list of Australian suburbs ordered by increase in median house value over the last year, Hornsby, 2077 is in the BOTTOM 20% with a property value increase of -10.77% recorded in median house prices.

A 22.37% growth in median value for property investors in Hornsby,2077 puts this suburb at number 844th in terms of best performing suburbs in NSW

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.38% offered to property buyers. Sellers in Hornsby itself are offering an average vendor discount of -6.25% to real estate investors.

In the last year 89 properties changed hands in Hornsby, which puts it as the 225th most active market in NSW when comparing the number of sales per suburb.

Hornsby is 947th on a list of best yielding suburbs for rents in NSW with a 3.04% return

With a capital gain of -3.81% for the last 12 months, Hornsby, 2077 has performed for property investments than its average annual 5.99% property growth over the last 5 years.

A 16.13% growth in median value for property investors in Hornsby,2077 puts this suburb at number 246th in terms of best performing suburbs in NSW

Property buyers and investors in Hornsby 2077 should be seeing an average reduction in asking price of around -6.72% . This means that Hornsby is holding prices well when compared to other suburbs in NSW.

Information supplied by:




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Hornsby, NSW – Demand goes down

Postcode: 2077

Median house price: $1,136,000

Vacancy rate: 3.2%

Three-year growth: -1.6%

The administrative centre of the Hornsby Shire LGA, the suburb of Hornsby sits on Sydney’s Upper North Shore. It was named for former convict Samuel Henry Horne, who eventually became a constable.

Hornsby has many heritage-listed sites, including Mount Wilga House, Old Man’s Valley Cemetery and the Hornsby War Memorial. The Hornsby Water Clock is a notable landmark of the suburb, as is the Odeon Cinema. The Hornsby railway station is an interchange station that serves the T1 North Shore and the T9 Northern Line. The suburb is also connected to the Pacific Highway.

This million-dollar suburb has seen prices fall over recent years, with the vacancy rate increasing by one full percent in the year to June 2019.

Metrics i HOUSE UNIT
$1,077,500 $644,500
-2.05% -0.85%
-10.77% -3.81%
7.00% 5.99%
$630 $470
89 239
3.04% 3.79%
62.3170731707317 71.6993464052288

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 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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