Investors ask: Ashfield, WA

by Jarrad Mahon | September 19, 2013
1 minute read

Investors ask: Ashfield, WA

September 19, 2013

Q: Is the Perth suburb of Ashfield a good investment location?

A: This depends on your strategy and time frame you have to make money.

It is a very small suburb and there are very few properties on the market for rent or sale, which is keeping upward pressure on prices. To give you an idea there have only been 13 houses sell this whole year. The median house price is currently at $555,000, which is just above the PerthPerth, TAS Perth, WA median house price of $515,000. There is a good quality of housing and tenants in the area. Located in the city of BayswaterBayswater, WA Bayswater, VIC, which is fairly pro-development, there are opportunities to subdivide land in the area which will also so the property continue to be renewed. So close to Perth and the Domestic airport, I think AshfieldAshfield, NSW Ashfield, WA has good value buying and would make for a good suburb to invest.

Jarrad Mahon, director, Investors Edge

About the author

Jarrad Mahon

Jarrad Mahon

Jarrad Mahon is the director of Investors Edge Real Estate.



Investors ask: Ashfield, WA
spi logo
share the article

Subscribe to get the latest news and updates - join a community of over 80,000 property investors.

Check this box to receive podcast updates

From the web

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.