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Ashburton
AREA REPORTS

Ashburton

Ashburton - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3147

house
unit

Property investments in ASHBURTON did not fare well against the rest of the country last year, registering a median home price decrease of 25.89%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, 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 $650 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 37.5 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 $2,020,500.

ASHBURTON ranks 563rd on the list of best yielding suburbs for rental properties in VIC, posting a 1.67% return.

Data report can be found below

Ashburton
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,020,500 $1,132,500
GROWTH REPORT
Median Quarterly 9.81% -7.17%
Median 12 month 25.89% -8.15%
Median 3 years 21.24% 25.7%
Median 5 years 29.52% 7.86%
10 years average annual 9.06% 6.11%
Weekly media advert. rent $650 $550
Time on Market 37.5 days 59.1 days
Gross Rental Yield Percent 1.67% 2.53%
demographics (median values)*
Total Population
14637
Weekly Household Income
1844
Household Size
2.70
Age
38
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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