Hornsby snapshot
- Median price: $1,211,364
- Median weekly rent: $859/wk
- Population: 22,572
- Days on market: 37 days
How Hornsby stacks up
- Rental Yield: Moderate
- Capital Growth: Soft
- Vacancy: Average
About Hornsby
Hornsby, located in New South Wales, presents a compelling opportunity for property investors. With a median property price of over $1.2 million, the suburb boasts a diverse population of over 22,500 residents. This vibrant community is supported by a range of amenities and services, making it an attractive location for families and professionals alike.
While capital growth has been soft, the rental market remains stable with a moderate rental yield. The average rental vacancy suggests a consistent demand for rental properties, which can provide investors with reliable income. Additionally, properties in Hornsby typically spend around 37 days on the market, indicating a reasonable turnover for potential buyers and renters.
Frequently asked questions
What is the median property price in Hornsby?
The median property price in Hornsby is $1,211,364.
How much can I expect to earn in rent?
The median weekly rent in Hornsby is $859.
What is the population of Hornsby?
Hornsby has a population of approximately 22,572 residents.
How long do properties typically stay on the market?
Properties in Hornsby typically stay on the market for around 37 days.
What is the rental vacancy rate like in Hornsby?
The rental vacancy in Hornsby is considered average.