38/447-451 Pacific Highway Asquith NSW 2077

38/447-451 Pacific Highway Asquith NSW 2077
2 bed apartment with secure parking |Matches recent comps at $710k-$830k |Low-risk Hornsby location |Steady 2-3% pa growth|This two-bedroom apartment with one parking space suits downsizers or couples prioritising school access and daily convenience. Positioned in a mid-rise complex along the Pacific Highway, it delivers practical strata living without the maintenance demands of a house, offering two bathrooms for comfortable separation of spaces. Within the building, similar two-bedroom units have traded steadily between $675,000 and $830,000 over recent years, reflecting consistent demand from local buyers. This unit aligns with those sales patterns, where holding periods average 4-7 years and annual growth hovers around 2-3 percent. Buyers drawn to it typically include professionals commuting via nearby rail or empty nesters valuing the 5G coverage and absence of flood or bushfire risks. Its spot in the Asquith Public School catchment adds quiet appeal for those with school-age dependents, without venturing into pricier house markets. Comparable off-market estimates nearby sit at $928,000 for larger three-bedroom configurations, underscoring this property’s value in the entry-level apartment segment. Long-term, the secure garage and proximity to shops sustain rental yields, making it a hold for investors eyeing incremental capital gains amid Hornsby stability. Overall market behaviour shows these units resist sharp downturns, bolstered by the highway’s transport links.
Detailed Independent Property Report prepared  by PropCred Analyst team for 38/447-451 Pacific Highway Asquith NSW 2077
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ! 1
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Insight: 38/447-451 Pacific Highway Asquith NSW 2077

Asquith operates as a more affordable extension of Hornsby, attracting buyers seeking access to north shore infrastructure at a lower price point. Demand is driven by families and investors, supported by strong rail connectivity. The market includes both houses and apartments, with supply expanding in recent years. This has moderated short-term price growth. Houses tend to outperform units due to scarcity.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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