Ashgrove has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.68% to date .
The five-year average increase in median property values for Ashgrove,4060 has given property investors a potential capital gain of 29.56% across each of those five years.
The most recent median price for Ashgrove is $870000, with sellers offering an average of -5.78% off the asking price.
At number 541 in a list of fastest selling suburbs, Ashgrove is in the TOP 20% of suburbs in Australia with an average of days on market 49.73 for properties listed there.
Ashgrove, 4060 ranked 274th in QLD when comparing growth in median property values or capital gain over the last 12 months. Ashgrove is one of 2415 in our list for QLD
A 8.44% growth in median value for property investors in Ashgrove,4060 puts this suburb at number 250th in terms of best performing suburbs in QLD
Vendor discounting in Ashgrove is giving property investors an average Vendor Discount of around -5.39%. This puts suburb at number 160th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 2.51%, investors should hope to achieve an overall return of 5.04%