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Ashgrove

Suburb Profile

Ashgrove - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4060

house
unit

Property investors enjoyed capital gains of 3.09% over the last 12 months in ASHGROVE, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in ASHGROVE are low, as opposed to average gains per annum over the past five years.

The suburb posted a 16.31% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.

On average, rents on listings have reached the $600 mark, reflecting a 3.12% increase in returns based on the current median price in ASHGROVE.

ASHGROVE, 4060 ranks 315th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 744th on the list of best yielding suburbs for rental properties in QLD, posting a 3.12% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,000,000 $431,625
GROWTH REPORT
Median Quarterly 3.09% -3.01%
Median 12 month 3.09% 4.64%
Median 3 years 16.31% -5.14%
Median 5 years 21.21% -15.37%
10 years average annual 4.13% 0.88%
Weekly media advert. rent $600 $390
Time on Market 55.3 days 72.0 days
Gross Rental Yield Percent 3.12% 4.7%
demographics (median values)
Total Population
11444
Weekly Household Income
1445
Household Size
2.60
demographics
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