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Ashwood
AREA REPORTS

Ashwood

Ashwood - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3147

house
unit

Property investors have seen a 2.74% gain in ASHWOOD based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on ASHWOOD, 3147 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 13.81%.

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

The VIC 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 $1,442,500

Profits averaged 8.94% per annum over a 3-year period, due to an upward trend in home prices in ASHWOOD, 3147.

This means, real estate investors could earn a rental income of $495 based on current median home prices for the suburb.

The gross rental yield in ASHWOOD, 3147 is 1.78%.

An average of 5.5 real estate transactions take place per month in ASHWOOD which translates to 66 per annum.

Data report can be found below

Ashwood
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,442,500 $958,000
GROWTH REPORT
Median Quarterly 2.74% -0.21%
Median 12 month 13.81% -0.73%
Median 3 years 26.81% 23.61%
Median 5 years 17.28% 27.73%
10 years average annual 7.49% 6.37%
Weekly media advert. rent $495 $495
Time on Market 53.3 days 91.1 days
Gross Rental Yield Percent 1.78% 2.69%
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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