Suburb Profile Report for Ashmont NSW (2650)

Ashmont House: Median price $235,000, Annual capital growth 2.66%, Number of sales 62, Weekly median advertised rent $250

Ashmont Unit: Median price $143,500, Annual capital growth N/A, Number of sales 14, Weekly median advertised rent $200

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Ashmont, 2650 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.38%

Ashmont,2650 has offered an average of 5.38% return per annum in house price rises to property investors over the last three years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Ashmont itself are offering an average vendor discount of -8.23% to real estate investors.

In the last year 62 properties changed hands in Ashmont, which puts it as the 539th most active market in NSW when comparing the number of sales per suburb.

The NSW suburb of Ashmont, 2650 is in the Wagga Wagga local government area.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ashmont has fallen somewhat when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -4.91% to buyers in Ashmont at the moment, which is less than average for the rest of NSW.

Often selling an investment property can take time, and in Ashmont the average time real estate has been on the market is 113.13 days.

Metrics i HOUSE UNIT
$235,000 $143,500
1.42% 28.13%
5.38% N/A
2.66% N/A
$250 $200
62 14
5.53% 7.25%
145.75 113.13

Source: CoreLogic

DSR Score for property investment : Above average (U), Below average (H)
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Demographics
Total population 4024
Median household income ($/weekly) 770
Median age of persons 31
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 642 16.0
    25-34 years 583 14.5
    35-44 years 452 11.2
    45-54 years 435 10.8
    55-64 years 435 10.8
    Others 1478 36.7
    Age Group
    Census Count Percent(%)
    Not Married 1373 51.3
    Registered Married 956 35.7
    Defacto Relationship 347 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3561 94.5
    Former Yugoslav Republic of Macedonia 17 0.5
    Papua New Guinea 20 0.5
    United Kingdom 51 1.4
    Other 60 1.6
    Others 60 1.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 0.3
    Christianity 2978 81.0
    Hinduism 17 0.5
    Islam 16 0.4
    No Religion 647 17.6
    Others 10 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 168 12.5
    $400-$599 218 16.2
    $600-$799 208 15.5
    $800-$999 148 11.0
    $1,500-$1,999 155 11.5
    Others 446 33.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1209 42.8
    Employed, worked full-time 906 32.0
    Employed, worked part-time 452 16.0
    Unemployed, looking for work 160 5.7
    Employed, away from work 101 3.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 265 18.1
    Community & personal service workers 179 12.2
    Clerical & administrative workers 181 12.4
    Sales 184 12.6
    Labourers 269 18.4
    Others 384 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 78 8.2
    Infants/Primary 394 41.2
    Secondary 259 27.1
    Technical or Further Educational Institution 114 11.9
    University or other Tertiary Institutions 94 9.8
    Others 17 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3399 90.7
    Flat, unit or apartment 343 9.2
    Semi-detached, row or terrace house, townhouse 6 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 711 49.0
    Being purchased 426 29.4
    Fully owned 310 21.4
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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