Based on its average 5-year and quarterly capital gains ASHMONT, 2650 saw average decrease in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that ASHMONT, 2650 obtained a 2.37% growth over a ten-year period. It ranks 2850th on our list of suburbs that property investors should look into.
ASHMONT, 2650 in NSW belongs to the local government area of Wagga Wagga.
ASHMONT, 2650 has a capital gain of -5.57% for the past year, which is lower than average compared to its -2.54% growth within a five-year period.
With the median home price in ASHMONT sitting at $218,800, and the average rent at $267.5, property owners could potentially earn a 6.36% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ASHMONT are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on ASHMONT, 2650 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 45.54%.
Property investors enjoyed capital gains of 45.54% over the last 12 months in ASHMONT, translating to lower returns compared with its peers in NSW.
ASHMONT, 2650 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $163,000.
Home owners selling their properties and realtors in ASHMONT usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $200 mark, reflecting a 6.38% increase in returns based on the current median price in ASHMONT.
ASHMONT, 2650 places 70th in Australia based on median property value growth during the quarter.