Asquith (postcode 2077) is a medium-sized suburb in New South Wales within the Hornsby local government area. It is home to about 6,160 residents, with a mix of families and early-career residents and a median age of 36. Households earn a median income of $120K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.4% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Chinese.
The median house price in Asquith is $1.9 million, having risen solidly by 6.8% over the past year. Units have a median price of $714,000 (-1.1% YoY). The current median weekly rent is $725. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,400.
Asquith is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 1088, which is above the national average of 1,000. Public transport access includes 1 rail station, 1 ferry wharf, 31 bus stops. The crime rate in the Hornsby LGA is low at 1,229 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 1.9%, which reads as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 16.3x is considered stretched. House prices have moved +6.8% year-on-year. Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.