Suburb Profile Report for Ashfield NSW (2131)

Ashfield House: Median price $1,655,000, Annual capital growth 10.87%, Number of sales 89, Weekly median advertised rent $650

Ashfield Unit: Median price $695,000, Annual capital growth 7.66%, Number of sales 299, Weekly median advertised rent $490

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 11.06% which means that Ashfield, 2131 has done well for property investors by showing a capital gain of 8.89% over the last year

The five-year average increase in median property values for Ashfield,2131 has given property investors a potential capital gain of 87.54% across each of those five years.

Our latest figures would indicate that property sellers in Ashfield are currently offering property investors an average price cut of -3.57% below the asking price at the moment.

Advertised rents are around the $650 mark per week – giving a return of 2.04% based on the median price in Suburb

Property value increases in Ashfield have tracked just lower than the NSW average of 8.63% over the last 12 months.

The five-year average increase in median property values for Ashfield,2131 has given property investors a potential capital gain of 48.22% across each of those five years.

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 -4.25% is being offered, which puts this NSW suburb at 912th most discounted overall in Australia.

In the last year 299 properties changed hands in Ashfield, which puts it as the 25th most active market in NSW when comparing the number of sales per suburb.

Ashfield, 2131’s gross rental yield is 3.67%

Metrics i HOUSE UNIT
$1,655,000 $695,000
7.26% 1.76%
8.89% 1.76%
10.87% 7.66%
$650 $490
89 299
2.04% 3.67%
106.37 68.66

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 22190
Median household income ($/weekly) 1314
Median age of persons 35
Median housing loan repayment ($/monthly) 2100
Average household size 2.4
  • Census Count Percent(%)
    20-24 years 1988 9.0
    25-34 years 4956 22.3
    35-44 years 3296 14.9
    45-54 years 2760 12.4
    55-64 years 2091 9.4
    Others 7098 32.0
    Age Group
    Census Count Percent(%)
    Not Married 7964 47.8
    Registered Married 7332 44.0
    Defacto Relationship 1355 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 9000 43.7
    Croatia 3298 16.0
    Indonesia 1216 5.9
    Philippines 562 2.7
    Other 2340 11.4
    Others 4195 20.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 1517 7.7
    Christianity 9612 48.5
    Hinduism 2051 10.3
    Islam 496 2.5
    No Religion 5916 29.9
    Others 227 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 737 9.8
    $1,250-$1,499 667 8.9
    $1,500-$1,999 1057 14.1
    $2,000-$2,499 677 9.0
    $2,500-$2,999 684 9.1
    Others 3694 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7019 39.6
    Not in the labour force 5991 33.8
    Employed, worked part-time 3258 18.4
    Unemployed, looking for work 831 4.7
    Employed, away from work 605 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 1115 10.2
    Professionals 3336 30.7
    Technicians & trades workers 1136 10.4
    Community & personal service workers 1086 10.0
    Clerical & administrative workers 1691 15.5
    Others 2516 23.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 1120 21.3
    Secondary 972 18.5
    Technical or Further Educational Institution 618 11.7
    University or other Tertiary Institutions 1930 36.7
    Other type of educational institution 384 7.3
    Others 237 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 11267 57.1
    Separate house 6523 33.0
    Semi-detached, row or terrace house, townhouse 1891 9.6
    House or flat attached to a shop, office 65 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3766 47.0
    Being purchased 2157 26.9
    Fully owned 1985 24.8
    Other tenure type 100 1.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals