Over the last year, property investments in Ashgrove, 4060 have given investors a capital gain of 1.15%. This compares averagely with the 2.38% for QLD as a whole.
Over the longer term, Ashgrove has seen property prices show investors a 11.66% return over the last 3 years. This is worse than over the last 12 months
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 -6.33% is being offered, which puts this QLD suburb at 1627th most discounted overall in Australia.
Renters in Suburb are facing rents around $6180 per annum or $515 every week.
Ashgrove has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.22% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ashgrove has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Ashgrove are currently offering property investors an average price cut of -6.14% below the asking price at the moment.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 2.59%, investors should hope to achieve an overall return of 5.08%