Suburb Profile Report for Ashfield NSW (2131)

Ashfield House: Median price $1,505,000, Annual capital growth 10.11%, Number of sales 106, Weekly median advertised rent $650

Ashfield Unit: Median price $660,000, Annual capital growth 7.14%, Number of sales 243, Weekly median advertised rent $470

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$1,505,000 $660,000
0.17% -3.09%
7.89% -2.94%
10.11% 7.14%
$650 $470
106 243
2.25% 3.70%
77.07 64.25

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (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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