Ashmore

POSTAL CODE: QLD, 4214
HOUSE
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A steady increase in median property prices over a five-year period in the suburb translates to a 26.56% capital gain.

Property investors in ASHMORE enjoyed capital gains of 8.1% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,167,500.

Profits due to an upward trend in home prices there averaged 8.85% per annum over a 3-year period.

Home owners selling their properties and realtors in ASHMORE usually have to wait an average of 34.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $850 mark, reflecting a 3.79% increase in returns based on the current median price in ASHMORE.

ASHMORE, 4214 places 643rd in Australia based on median property value growth during the quarter.

Surburb overview

Ashmore is a Gold Coast, Queensland suburb bearing the postcode 4214. It is approximately 5 kilometres west of Southport and 5 kilometres northwest of Surfers Paradise. The suburb encompasses an area of roughly 6.8 square kilometres. Ashmore is characterised by its leafy environment, featuring 27 parks that cover nearly 9.6% of its total area. 

As of the 2016 census, Ashmore had a population of 11,875 residents, reflecting a growth of 2.5% from 2011. The predominant age group is 40 to 49 years. Households in Ashmore primarily comprise couples with children, with a significant portion engaged in professional occupations. 

Ashmore offers several educational institutions. Ashmore State School is a government primary school (Prep-6) located on Currumburra Road. Bellevue Park State School is a government primary school (Prep-6) situated on Sapium Road. Trinity Lutheran College is a private primary and secondary school with two campuses: the Prep-5 campus on Cotlew Street and the 6-12 campus on Ashmore Road.

The main retail area of Ashmore is located along Southport-Nerang Road, featuring the Ashmore City Shopping Centre and several larger stores. The suburb also hosts numerous factory retail outlets offering well-known brands at discounted prices. The Gold Coast City Council operates a fortnightly mobile library service that visits Ashmore Village Park on Currumburra Road.

Public transportation in Ashmore comprises six bus routes, though coverage varies across the suburb. Major roads include Cotlew Street, Ashmore Road, Currumburra Road, Heeb Street, Wardoo Street, Benowa Road, and Nerang-Southport Road.

The median sale price for houses in Ashmore is approximately $1,080,000, reflecting a 19.67% growth over the past 12 months. Rental yields for houses are currently at 4.19%, with a median weekly rent of $820. For units, the median sale price is around $555,000, with rental yields at 5.89% and a median weekly rent of $720.

Residents describe Ashmore as a family-friendly suburb with numerous parks and walking tracks. The area is noted for its central location, providing convenient access to schools, shopping centres, and recreational facilities.

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