Ashfield, 2131 ranked 1105th in NSW when comparing growth in median property values or capital gain over the last 12 months. Ashfield is one of 3163 in our list for NSW
Ashfield,2131 was ranked 1193 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ashfield, 2131. Typically our figures indicate that -3.57% is being offered, which puts this NSW suburb at 3303th most discounted overall in Australia.
On average over the past year, suburb has had 6.75 sales per month, which equates to 81 per year.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 10.26%, investors should hope to achieve an overall return of 2.17%
With a capital gain of -1.43% for the last 12 months, Ashfield, 2131 has performed for property investments than its average annual 7.59% property growth over the last 5 years.
Across a shorter period, Ashfield, 2131 has seen a median price increase of 1.47% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Ashfield is offering property investors an average of -4.16. This rate of discount on properties puts Suburb at number 172th in terms of most discounted suburbs in NSW
Residents and property investors in Ashfield have been waiting around 69.43 days to sell a property.
Ashfield is 375th on a list of best yielding suburbs for rents in NSW with a 3.69% return