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Ashwood

Ashwood - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3147

house
unit

Property investors have seen a 0.48% 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 13.73%.

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 $1,251,000

Profits averaged -1.86% per annum over a 3-year period, due to an downward trend in home prices in ASHWOOD, 3147.

This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

The gross rental yield in ASHWOOD, 3147 is 2.08%.

An average of 4.42 real estate transactions take place per month in ASHWOOD which translates to 53 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,251,000 $956,000
GROWTH REPORT
Median Quarterly 0.48% 0.58%
Median 12 month 13.73% 10.9%
Median 3 years -5.58% 11.49%
Median 5 years 9.26% 38.55%
10 years average annual 5.75% 6.63%
Weekly media advert. rent $500 $530
Time on Market 64.0 days 78.6 days
Gross Rental Yield Percent 2.08% 2.88%
demographics (median values)
Total Population
5853
Weekly Household Income
1057
Household Size
2.50
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