Ashfield is an average performer in NSW when comparing median price capital growth over the last year. Ashfield gave property investors a average capital gain figure when compared to the rest of the state, with 7.89%.
Taking the average capital gain, or increase in median house value, Ashfield,2131 has racked up an average of 7.89% over the period. This ranks it number 71th in the whole country for real estate investors looking at median house price increases.
Ashfield, 2131 is offering NSW ‘s 164th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
In the last year 106 properties changed hands in Ashfield, which puts it as the 261th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $7800 per annum or $650 every week.
With a capital gain of -2.94% for the last 12 months, Ashfield, 2131 has performed for property investments than its average annual 7.14% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Ashfield,2131 has racked up an average of -2.94% over the period. This ranks it number 380th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Ashfield is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 90th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $470 and the average annual increase in value of a median property of 7.14%, investors should hope to achieve an overall return of 3.70%