Fast 50 Report 2026 Banner

Ashfield

POSTAL CODE: WA, 6054
HOUSE

Property investments in ASHFIELD did not fare well against the rest of the country last year, registering a median home price decrease of -4.32%.

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 ASHFIELD, 6054 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 27.9 days.

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

Property investors perceived the median home price rise to $775,000.

ASHFIELD ranks 200th on the list of best yielding suburbs for rental properties in WA, posting a 4.36% return.

Surburb overview

Ashfield is a residential suburb located approximately 10 kilometres northeast of Perth's central business district in the Town of Bassendean in Western Australia. Situated along the Swan River, it offers a blend of suburban tranquillity and convenient access to urban amenities. 

As of the 2021 census, Ashfield had a population of 1,317 residents, with a median age of 38. The community comprises a mix of families, professionals, and retirees, contributing to a diverse demographic profile. 

The suburb predominantly features separate houses, with an average home rented by couples without children. The median house price in Ashfield is approximately $790,000, reflecting a 41.1% growth over the past 12 months. Rental prices have also seen a 12.1% growth, with a median rental price of $650 per week. 

Ashfield is home to several parks and green spaces, including Ashfield Reserve and Ashfield Flats, the largest river flat remaining in the Perth metropolitan area. These areas provide residents with venues for outdoor activities and community events. 

The suburb contains Ashfield Primary School, which caters to students from kindergarten to year six. Secondary education options are available in neighbouring suburbs, and Cyril Jackson Senior Campus serves the area. 

Ashfield is well-served by public transportation. The Ashfield Train Station is located on the Midland Line, providing easy access to Perth's central business district and surrounding areas. Additionally, bus services connect residents to nearby amenities and neighbouring suburbs. 

Ashfield's combination of suburban tranquillity, accessibility, and community amenities contributes to its reputation as a desirable suburb within the Perth metropolitan area. 

 

You’re out of free articles for this month
Loading form...