Suburb Profile Report for Ashmont NSW (2650)

Ashmont House: Median price $233,750, Annual capital growth 2.34%, Number of sales 59, Weekly median advertised rent $250

Ashmont Unit: Median price $140,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $195

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Ashmont, 2650 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.89%.

The five-year average increase in median property values for Ashmont,2650 has given property investors a potential capital gain of 13.47% across each of those five years.

Our latest figures would indicate that property sellers in Ashmont are currently offering property investors an average price cut of -7.78% below the asking price at the moment.

Ashmont, 2650’s gross rental yield is 5.56%

If we look at median property appreciation over just the last three months, Ashmont has given property investors a paper return of 27.56%. This puts Suburb as 2 on a list of fastest fasting appreciating suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Ashmont is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 119th in terms of most discounted suburbs in NSW

In the last year 13 properties changed hands in Ashmont, which puts it as the 540th most active market in NSW when comparing the number of sales per suburb.

Situated 382.09km from the CBD, Ashmont is one of Wagga Wagga localities in the postcode 2650.

Metrics i HOUSE UNIT
$233,750 $140,000
3.91% 27.56%
3.89% N/A
2.34% N/A
$250 $195
59 13
5.56% 7.24%
139.61 124.13

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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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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