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.