Asquith
Nearly half of Asquith's dwellings are apartments at 48.7%, which is unusual for an Upper North Shore pocket and explains why the $750,000 median house price sits well below Sydney's harbour-rail belt. Household income reaches the 88.1st percentile nationally, and the suburb scores decile 9 on all four SEIFA indexes, a uniformly high-advantage profile. The population is younger than typical for the area at a median age of 36, four years below national, and 48.7% of residents were born overseas, 27.1 points above the national figure. University qualifications run at 58.3%, which is 28.2 points above national, pointing to a professional commuter base served by the suburb's rail station.
Population
6,160
Median Age
36.0
Household IncomeiMedian weekly household income (ABS Census)
$2,300/wk
DAs (12 months)iDevelopment Applications lodged in the past year
43
Median House
$750K
2024-2025 (PSI derived)
At a $750,000 median, Asquith is one of the more attainable rail-connected suburbs on the Upper North Shore, and prices edged up 2.0% from $745,000 in 2024 to $760,000 in 2025, a slower climb than Sydney's hotter markets. The stock tilts toward units: apartments are 48.7% of dwellings against 42.2% separate houses, so buyers chasing a freestanding home compete for a minority of supply. Two-bedroom dwellings dominate at 39.5%, with three-bedroom at 27.0% and 4-plus bedroom homes at 22.9%. Monthly mortgage repayments average $2,400, giving a mortgage-to-income ratio of 24.1%, comfortably below the 30% stress threshold, which keeps entry-level buying realistic for households earning in the 88.1st income percentile.
For Buyers
At a $750,000 median, Asquith is one of the more attainable rail-connected suburbs on the Upper North Shore, and prices edged up 2.0% from $745,000 in 2024 to $760,000 in 2025, a slower climb than Sydney's hotter markets. The stock tilts toward units: apartments are 48.7% of dwellings against 42.2% separate houses, so buyers chasing a freestanding home compete for a minority of supply. Two-bedroom dwellings dominate at 39.5%, with three-bedroom at 27.0% and 4-plus bedroom homes at 22.9%. Monthly mortgage repayments average $2,400, giving a mortgage-to-income ratio of 24.1%, comfortably below the 30% stress threshold, which keeps entry-level buying realistic for households earning in the 88.1st income percentile.
For Investors
Renters make up 35.5% of households and weekly rent averages $490, a deep tenant pool fed by the suburb's rail access and 48.7% apartment stock. Against the $750,000 median, that rent implies a gross yield near 3.4%, healthier than premium harbour suburbs where yields fall toward 1%. The vacancy rate of 6.8% is the main caution, above a tight market, reflecting the apartment-heavy supply. Demand support comes mainly from overseas migration, which adds about 196 residents a year to the wider area against just 10 from internal movement. Development is moderate at 39 applications in 12 months, a mix of dwelling houses, pools and one industrial project rather than large new supply, so the investment case rests on steady rental demand more than rapid stock turnover.
Development Activity
Total DAs
229
Last 12 Months
43
YoY ChangeiYear-over-year change in DA lodgements
+7.5%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Asquith iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Patrick's Catholic Primary School
K-6 · 223 students
Asquith Public School
K-6 · 384 students
Asquith High School
7-12 · 669 students
Hornsby High School
7-12 · 542 students
Demographics
Asquith's median age of 36 is 4.0 years below the national figure, a younger profile than the Upper North Shore norm and consistent with an apartment-led suburb that draws couples and young families. Overseas-born residents reach 48.7%, which is 27.1 points above national, and the language mix reflects this with Mandarin (258 speakers), Hindi (92), Persian (92) and Nepali (85) the most common non-English tongues. Ancestry leads with English (1,419), followed by Chinese (969) and Indian (589). University qualifications at 58.3% run 28.2 points above national, well ahead of typical outer-Sydney suburbs. Average household size is 2.7, which is 0.2 above national, and couples with children (2,726 families) outnumber couples without children (1,159), a family-oriented mix despite the unit-heavy stock.
Age Distribution
Bedrooms
Dwelling Structure
42.2%
Houses
8.7%
Townhouse
48.7%
Apartment
Tenure
Tenure splits with 42.8% holding a mortgage, 35.5% renting and 21.7% owning outright, a mortgage-heavy profile that signals a suburb of active buyers rather than long-settled outright owners. The stock is 48.7% apartments and 8.7% semi-detached, leaving separate houses at 42.2%, so detached homes hold value through relative scarcity. Two-bedroom dwellings account for 39.5% and three-bedroom 27.0%, while 4-plus bedroom homes are 22.9%. The median house price rose from $745,000 to $760,000 across 2024 to 2025, a modest 2.0% move. Mortgage-to-income sits at 24.1% and rent-to-income at 21.3%, both below the 30% stress threshold, which is unusually comfortable for Sydney and reflects incomes in the 88.1st percentile carrying mid-range prices.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$2,400
Rent / wk
$490
HH Size
2.7
Personal Income / wk
$1,041
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
6.8%
Unoccupied
163
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
21.3%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
24.1%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
21.8%
Couples, no children
5,316
Total families
Economy & Employment
The workforce concentrates in knowledge and care sectors: Healthcare leads at 19.8% (520 workers), Professional/Tech follows at 15.0% (394) and Education at 10.0% (263), with Finance at 9.6% and Construction at 5.9%. By occupation, Professionals (1,168) and Managers (451) dominate, which aligns with the decile 9 IEO score for education and occupation. Unemployment is low at 4.0% and the full-time employment rate is 69.6%, while participation reads 64.0%. Real incomes grew 18.7% over the decade, outpacing many Sydney suburbs. All four SEIFA indexes sit at decile 9, including IER for economic resources at score 1089, a consistency that is rare and confirms broad-based advantage rather than a single-metric anomaly.
Unemployment
7.0%
Labour Force
13,419
Unemployed
936
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
69.6%
Part-time
26.4%
Participation
64.0%
Employed
2,980
Occupations
Top Industries
University
58.3%
Postgraduate
18.1%
Born Overseas
48.7%
Dwellings
2,214
Transport to Work
Asquith leans on its rail link, with 12.6% of residents using public transport and 4.2% walking or cycling, while 77.9% drive, a car reliance below what its outer-Sydney location might suggest because the station feeds the city line. The suburb scores decile 9 on IRSD for relative disadvantage and decile 9 on IRSAD overall, both high-advantage tiers nationally, meaning very few residents face deprivation, and only 3.2% (191 people) need daily assistance. Volunteering runs at 14.3%. No schools are recorded inside the 3.5 km2 boundary in this dataset, so families rely on institutions in neighbouring suburbs, a practical trade-off offset by strong rail access and a population density of 1,758 residents per km2 that keeps the suburb walkable around its centre.
Drive
77.9%
Public Transport
12.6%
Walk / Cycle
4.2%
Work from Home
N/A
Population Forecast
+1.44%/yr
(+339 people/yr)
EstablishedAsquith is on a clear upward trajectory, with the wider area growing 24.4% over the past decade and a forecast annual rate of 1.44%, adding roughly 339 residents a year. Overseas migration is the primary driver at about 196 net arrivals annually, far outweighing internal migration at 10, so demand is import-led rather than churn from elsewhere in Sydney. The gentrification stage reads early signs, with a score of 24 to 37 and population acceleration from 2% to 25% growth, a sign of a suburb in transition rather than a settled established market. Affordability improved from 64.9% in 2011 to 49.4% in 2021, and rent grew 11.1% over the period, both consistent with a market still attracting younger, higher-earning residents.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+196
Net Internal / yr
+10
Gentrification Signal
Early signs
Population +27% since 2011, Accelerating: 2% → 25%
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Asquith compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Asquith a good suburb to live in?
Asquith scores decile 9 on all four SEIFA indexes, a uniformly high-advantage profile, with household income in the 88.1st percentile nationally. University qualifications reach 58.3%, which is 28.2 points above national. It pairs rail access with a relatively attainable $750,000 median house price for the Upper North Shore.
What is the median house price in Asquith?
The median house price is $750,000, rising 2.0% from $745,000 in 2024 to $760,000 in 2025. Weekly rent averages $490 and monthly mortgage repayments run about $2,400, giving a mortgage-to-income ratio of 24.1%, below the 30% stress threshold.
What schools are in Asquith?
No schools are recorded inside the 3.5 km2 Asquith boundary in this dataset, so families rely on schools in neighbouring suburbs. The resident base is highly educated, with university qualifications at 58.3%, which is 28.2 points above the national figure.
Is Asquith safe?
Detailed crime statistics are not available for Asquith in this dataset. As an indirect indicator, the suburb scores decile 9 on the IRSD index of relative disadvantage, a high tier, and only 3.2% of its 6,160 residents need daily assistance, both consistent with a low-disadvantage area.
Is Asquith good for property investment?
Weekly rent of $490 against a $750,000 median gives a gross yield near 3.4%, higher than premium harbour suburbs near 1%. Renters make up 35.5% of households, but the 6.8% vacancy rate signals apartment supply, so demand rests on overseas migration adding about 196 residents a year.
How is Asquith's population changing?
The wider area grew 24.4% over the past decade and is forecast to expand 1.44% annually, about 339 residents a year. Overseas migration drives this at roughly 196 net arrivals annually against just 10 from internal migration, and the gentrification stage reads early signs.
What languages are spoken in Asquith?
About 48.7% of residents were born overseas, 27.1 points above the national figure. English is the dominant language, with Mandarin (258 speakers), Hindi (92), Persian (92) and Nepali (85) the most common non-English languages, reflecting a strongly international resident mix.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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