Question 1

Is Asquith a nice place to live?

Accepted Answer

Asquith is a leafy Upper North Shore suburb with a village feel centred on its station and a small shopping strip. Backed by bushland and ridgelines that flow into Ku-ring-gai Chase National Park, it gives easy access to walking tracks, picnic spots and riverside reserves. Streets are mainly low-density residential, mixing older weatherboard and brick homes with newer family houses and a handful of low-rise units near the rail. The population is 6,160 with a median age of 36, and the community is weighted towards couple families with children (53.7% of families).

About two in three homes are owner-occupied while roughly one in three are rented. Local cafes, schools, sports clubs and practical transport links make day-to-day life straightforward. Council works are improving the public domain along the Pacific Highway with wider footpaths, a pedestrian/cycle shared path, new street trees, seating, bike racks and bus-stop upgrades, and the local high school is being upgraded as it moves to co-education with refreshed labs, a student kitchen and a new fitness centre. That mix tends to suit families and commuting professionals; whether it fits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Asquith?

Accepted Answer

Buying a unit in Asquith sits well above local incomes at the last Census. The current median unit price of $723,000 is about 6.0 times a typical local annual household income at the last Census (weekly household income $2,300 × 52 = $119,600). Renting also takes a sizeable share of income: an average house rent of $850 a week would be about 37% of a typical local household's weekly income at the last Census, while the average unit rent of $700 a week would be about 30.4% of that income. If you're renting rather than buying, those rent shares are the more relevant numbers; whether they feel expensive depends on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Asquith a good place to invest?

Accepted Answer

Over the past 12 months house values in Asquith rose 4.9%, a modest increase, while the rent those houses earn edged up 0.6%, a slight rise. Unit rents increased 4.5% over the same period, a modest gain and higher than the change in house rents.

For someone weighing Asquith as an investment, the value figure relates to capital growth and the rent figures relate to rental income; which matters most will depend on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	$723K
Change in value Past 12 months	4.9%	N/A
Sold Past 3 months	9	28
Median days on market Past 12 months	44	38
Average rent Past 12 months	$850	$700
Change in rent Past 12 months	0.6%	4.5%

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