Hornsby suburb profile
Hornsby is a bustling suburb located in Sydney's Upper North Shore, approximately 25km from the CBD. Known for its vibrant commercial hub, Hornsby offers a mix of retail, dining, and entertainment options, centered around the popular Westfield Hornsby shopping centre. The suburb is well-connected by public transport, with a major train station providing easy access to the city and surrounding areas. Hornsby is also home to several parks and recreational facilities, including the scenic Hornsby Mountain Bike Trail and the tranquil Lisgar Gardens. Its blend of urban convenience and natural beauty makes Hornsby a desirable location for families and professionals.
Hornsby property market performance
Hornsby's property market has shown positive growth over the past 12 months, with house values increasing by 8.2% and unit values rising by 3.4%. The median house price over the past three months has averaged $1.75 million, while units have averaged $718,500, indicating a healthy demand for both property types.
Sales activity has been robust, with 48 houses and 98 units sold in the past three months. Units are selling faster than houses, with a median time on market of 26 days compared to 34 days for houses, suggesting strong buyer interest in the unit market.
The rental market in Hornsby has seen varied changes over the last 12 months. While the average rent for houses has remained stable, unit rents have increased by 8.2%, reflecting a growing demand for rental units in the area.
Median price - houses$1.75MPast 3 months
Median price - units$715KPast 3 months
Change in value - houses5.1%12 months
Change in value - units3.0%12 months
Houses sold37Past 3 months
Units sold95Past 3 months
Median DOM - houses36Past 12 months
Median DOM - units25Past 12 months
Average rent - houses$660Past 12 months
Average rent - units$600Past 12 months
Change in rent - houses-5.7%Past 12 months
Change in rent - units7.1%Past 12 months
Hornsby demographics
Hornsby, located in the Upper North Shore of Sydney, is a bustling suburb known for its blend of urban convenience and natural beauty. With a population of 22,462, it offers a vibrant community atmosphere while being surrounded by lush greenery and national parks. The median age of 38 suggests a mature community, with a mix of families, professionals, and retirees who appreciate the suburb's balance of lifestyle and accessibility.
The suburb is characterized by a significant proportion of family households, with 47.5% being couple families with children and 36% being couple families without children. This family-friendly environment is complemented by a range of amenities, including schools, parks, and shopping centers, making it an attractive location for those seeking a suburban lifestyle with urban conveniences. One-parent families make up 14.4% of the community, adding to the suburb's diverse family dynamics.
In terms of housing, Hornsby presents a mix of ownership and rental opportunities. Approximately 23.4% of properties are owned outright, while 32.5% are owned with a mortgage, indicating a stable housing market with opportunities for both long-term residents and new buyers. The rental market is also robust, with 44.1% of properties being rented, catering to those who prefer flexibility or are new to the area. Hornsby's combination of natural beauty, family-friendly amenities, and diverse housing options make it a desirable suburb for a wide range of residents.
Hornsby infrastructure, key developments and investment opportunities
Hornsby is experiencing significant developments that could impact its property market. The recent completion of the NorthConnex tunnel in nearby Wahroonga has improved connectivity, potentially increasing the suburb's appeal to commuters. Additionally, the ongoing transformation of Hornsby's town center, including the vibrant street art project in Dural Lane completed in 2022, is enhancing the area's aesthetic and community appeal.
The suburb's excellent transport links, with Hornsby station serving as a major interchange for Sydney Trains network, continue to be a key attraction. The proximity to natural areas like Ku-ring-gai Chase National Park and Berowra Valley Regional Park adds to Hornsby's desirability. While no major new infrastructure projects are currently underway, the ongoing improvements to local amenities and transport connections are likely to sustain property demand in Hornsby.
Hornsby rental market trends
The rental market in Hornsby has shown stability for houses, with rents remaining unchanged at $685 per week over the past year. In contrast, unit rents have experienced an increase of 8.2%, reaching $600 per week. Hornsby continues to attract renters with its balance of affordability and accessibility, making it a desirable location for both families and professionals.
Suburbs near Hornsby
Some popular suburbs near Hornsby include: