Suburb Profile Report for Ashgrove QLD (4060)

Ashgrove House: Median price $872,000, Annual capital growth 5.97%, Number of sales 192, Weekly median advertised rent $515

Ashgrove Unit: Median price $445,000, Annual capital growth 2.56%, Number of sales 48, 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 pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.02% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Ashgrove comes in at number 418th in QLD.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Ashgrove itself are offering an average vendor discount of -5.67% to real estate investors.

Often selling an investment property can take time, and in Ashgrove the average time real estate has been on the market is 63.45 days.

Renters in Suburb are facing rents around $6180 per annum or $515 every week.

Over the last year, property investments in Ashgrove, 4060 have given investors a capital gain of -1.11%. This compares badly with the 0.98% for QLD as a whole.

Ashgrove,4060 was ranked 1211 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ashgrove, 4060. Typically our figures indicate that -6.21% is being offered, which puts this QLD suburb at 433th most discounted overall in Australia.

The QLD suburb of Ashgrove, 4060 is in the Brisbane local government area.

Metrics i HOUSE UNIT
$872,000 $445,000
1.28% -1.11%
6.02% -1.11%
5.97% 2.56%
$515 $430
192 48
3.07% 5.02%
63.45 87.29

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Ashgrove QLD
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
Chart Table
Recent sales & rentals