Hornsby is a well-populated suburb in New South Wales within the Hornsby local government area (postcode 2077). With a population of 22,462, the suburb has an established demographic with a median age of 38. Households earn a median income of $102K per year, with an average household size of 2.5 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, clerical & administrative, managers. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Chinese, English, Australian.
Hornsby has a median house price of $1.7 million, which has moved lower by 6.4% year-on-year. Units have a median price of $697,000 (-3.9% YoY). The current median weekly rent is $725. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,240.
Hornsby is served by 8 schools, including 4 primary, 1 secondary, 1 combined, 2 special. The average ICSEA score is 1111, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 5 ferry wharfves, 98 bus stops. Healthcare facilities include 1 public and 3 private hospitals. The crime rate in the Hornsby LGA is low at 1,229 incidents per 100,000 population.
From an investment perspective, Hornsby shows a gross rental yield of approximately 2.2%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 17.1x is considered stretched. House prices have moved -6.4% 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.