Suburb Profile Report for Ashgrove QLD (4060)

Ashgrove House: Median price $870,000, Annual capital growth 6.42%, Number of sales 184, Weekly median advertised rent $518

Ashgrove Unit: Median price $447,000, Annual capital growth 2.63%, Number of sales 51, Weekly median advertised rent $425

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

Source: CoreLogic

  • House Report
  • Unit Report

Ashgrove is an average performer in QLD when comparing median price capital growth over the last year. Ashgrove gave property investors a average capital gain figure when compared to the rest of the state, with 4.00%.

When looking at the potential capital gains offered to property investors over the last 3 years, Ashgrove comes in at number 398th in QLD.

Ashgrove4060 is located in QLD which offers an average discount of -7.31% to property investors. Ashgrove itself is showing figures that indicate -5.68% is the average achievable by property buyers investing in the suburb.

Ashgrove, 4060’s gross rental yield is 3.09%

Property value increases in Ashgrove have tracked just lower than the QLD average of 1.70% over the last 12 months.

A 9.96% growth in median value for property investors in Ashgrove,4060 puts this suburb at number 173th in terms of best performing suburbs in QLD

At number 89th of QLD’s most discounted properties, Ashgrove is in the bottom 30% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Ashgrove being $447000 and the advertised rent reaching $425 the gross rental yield for property investors calculates out to be 4.94%

HOUSE UNIT
$870,000 $447,000
0.29% 0.00%
4.00% -2.01%
6.42% 2.63%
$518 $425
184 51
3.09% 4.94%
56.18 75.29

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 12916
Median household income ($/weekly) 2083
Median age of persons 34
Median housing loan repayment ($/monthly) 2340
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1938 15.0
    25-34 years 1687 13.1
    35-44 years 2106 16.3
    45-54 years 1889 14.6
    55-64 years 1258 9.7
    Others 4038 31.3
    Age Group
    Census Count Percent(%)
    Registered Married 4467 48.5
    Not Married 3883 42.1
    Defacto Relationship 866 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 10307 82.7
    Papua New Guinea 354 2.8
    United Kingdom 606 4.9
    United States of America 94 0.8
    Other 379 3.0
    Others 724 5.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 159 1.3
    Christianity 8472 70.7
    Hinduism 73 0.6
    Other Religious Groups 65 0.5
    No Religion 3144 26.2
    Others 70 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 454 11.4
    $2,000-$2,499 379 9.5
    $2,500-$2,999 582 14.6
    $3,000-$3,499 440 11.0
    $4,000 or more 435 10.9
    Others 1710 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4406 45.2
    Not in the labour force 2427 24.9
    Employed, worked part-time 2243 23.0
    Employed, away from work 378 3.9
    Unemployed, looking for work 298 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1077 15.3
    Professionals 2655 37.8
    Technicians & trades workers 577 8.2
    Clerical & administrative workers 1044 14.9
    Sales 571 8.1
    Others 1099 15.6
    Occupation
    Census Count Percent(%)
    Pre-school 223 5.7
    Infants/Primary 1325 33.7
    Secondary 1022 26.0
    Technical or Further Educational Institution 197 5.0
    University or other Tertiary Institutions 1076 27.3
    Others 93 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10547 87.4
    Semi-detached, row or terrace house, townhouse 366 3.0
    Flat, unit or apartment 1089 9.0
    Caravan, cabin, houseboat 37 0.3
    House or flat attached to a shop, office 20 0.2
    Others 12 0.1
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1735 39.7
    Fully owned 1362 31.2
    Rented 1253 28.7
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
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