Suburb Profile Report for Hornsby NSW (2077)

Hornsby House: Median price $1,178,000, Annual capital growth 7.14%, Number of sales 97, Weekly median advertised rent $605

Hornsby Unit: Median price $649,000, Annual capital growth 5.45%, Number of sales 319, Weekly median advertised rent $465

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Investment property in Hornsby 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 4.06%

When looking at the potential capital gains offered to property investors over the last 3 years, Hornsby comes in at number 1155th in NSW.

At number 574 in a list of fastest selling suburbs, Hornsby is in the TOP 20% of suburbs in Australia with an average of days on market 52.0303 for properties listed there.

With a capital gain of -0.15% for the last 12 months, Hornsby, 2077 has performed for property investments than its average annual 5.45% property growth over the last 5 years.

Hornsby,2077 has offered an average of -0.15% return per annum in house price rises to property investors over the last three years.

The most recent median price for Hornsby is $649000, with sellers offering an average of -4.15% off the asking price.

Residents and property investors in Hornsby have been waiting around 52.5738 days to sell a property.

A $465 per week rent on the median house gives suburb investors a gross yield of circa 3.73%, without taking into account capital value appreciation, which has been averaging out at 5.45%.

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
$1,178,000 $649,000
5.18% 0.66%
4.06% -0.15%
7.14% 5.45%
$605 $465
97 319
2.67% 3.73%
52.030303030303 52.5737704918033

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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