Over the last year, property investments in Ashgrove, 4060 have given investors a capital gain of 3.94%. This compares averagely with the 2.11% for QLD as a whole.
The five-year average increase in median property values for Ashgrove,4060 has given property investors a potential capital gain of 31.32% across each of those five years.
Property investors looking for a bargain in Ashgrove should be aiming for at least -5.80% off the asking price, which is the average vendor discount being achieved at the moment.
A $515 per week rent on the median house gives suburb investors a gross yield of circa 3.08%, without taking into account capital value appreciation, which has been averaging out at 6.30%.
Property value increases in Ashgrove have tracked just lower than the QLD average of 1.12% over the last 12 months.
Taking the average capital gain, or increase in median house value, Ashgrove,4060 has racked up an average of -3.54% over the period. This ranks it number 1166th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Ashgrove should be aiming for at least -6.39% off the asking price, which is the average vendor discount being achieved at the moment.
At number 894 in a list of fastest selling suburbs, Ashgrove is in the bottom 40% of suburbs in Australia with an average of days on market 86.25 for properties listed there.
Ashgrove, 4060’s gross rental yield is 5.02%