Suburb Profile Report for Ashgrove QLD (4060)

Ashgrove House: Median price $870,000, Annual capital growth 7.18%, Number of sales 196, Weekly median advertised rent $515

Ashgrove Unit: Median price $443,500, Annual capital growth 2.51%, Number of sales 47, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$870,000 $443,500
1.16% -1.44%
8.68% -4.09%
7.18% 2.51%
$515 $430
196 47
3.08% 5.04%
49.73 66.15

Source: CoreLogic

DSR Score for property investment : Good (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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Recent sales & rentals