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AREA REPORTS

Ashburton

Ashburton - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3147

house
unit

Property investments in ASHBURTON fare well against the rest of the country last year, registering a median home price increase of 0.58%.

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

Based on its average 5-year and quarterly capital gains ASHBURTON, 3147 saw average growth in the long term.

Real estate investors could earn a rental income of $630 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 49.3 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,600,000.

ASHBURTON ranks 544th on the list of best yielding suburbs for rental properties in VIC, posting a 2.05% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,600,000 $1,231,500
GROWTH REPORT
Median Quarterly -2.28% 0.94%
Median 12 month 0.58% 6.35%
Median 3 years -11.11% 2.63%
Median 5 years 11.65% 54.91%
10 years average annual 5.36% 8.04%
Weekly media advert. rent $630 $525
Time on Market 49.3 days 44.2 days
Gross Rental Yield Percent 2.05% 2.22%
demographics (median values)
Total Population
7171
Weekly Household Income
1276
Household Size
2.70
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