At number 2399th in the list of Australian suburbs ordered by increase in median house value over the last year, Ashgrove, 4060 is in the BOTTOM 50% with a property value increase of 4.53% recorded in median house prices.
Over the longer term, Ashgrove has seen property prices show investors a 13.21% return over the last 3 years. This is worse than over the last 12 months
Ashgrove4060 is located in QLD which offers an average discount of -6.86% to property investors. Ashgrove itself is showing figures that indicate -7.82% is the average achievable by property buyers investing in the suburb.
Ashgrove, 4060’s gross rental yield is 3.18%
Ashgrove has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -1.57% to date .
Ashgrove,4060 was ranked 788 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Ashgrove is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 131th in terms of most discounted suburbs in QLD
Ashgrove is 226th on a list of best yielding suburbs for rents in QLD with a 5.02% return