Property investors have seen a 3.77% gain in ASHWOOD based on an increase in median home prices for the past three months.
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 $1,300,190
Profits averaged 21.88% 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 $460 based on current median home prices for the suburb.
The gross rental yield in ASHWOOD, 3147 is 1.84%.
An average of 6.75 real estate transactions take place per month in ASHWOOD which translates to 81 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.44%||13.16%|
|Median 3 years||65.63%||26.68%|
|Median 5 years||91.2%||47.8%|
|10 years average annual||11.67%||7.37%|
|Weekly media advert. rent||$460||$450|
|Time on Market||43.7 days||32.4 days|
|Gross Rental Yield Percent||1.84%||2.94%|