Suburb Profile Report for Ashmore QLD (4214)

Ashmore House: Median price $580,000, Annual capital growth 4.02%, Number of sales 202, Weekly median advertised rent $500

Ashmore Unit: Median price $305,000, Annual capital growth 2.25%, Number of sales 126, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Ashmore, 4214 ranked 91th in QLD when comparing growth in median property values or capital gain over the last 12 months. Ashmore is one of 2415 in our list for QLD

Taking the average capital gain, or increase in median house value, Ashmore,4214 has racked up an average of 12.62% over the period. This ranks it number 1179th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Ashmore are currently offering property investors an average price cut of -5.95% below the asking price at the moment.

A $500 per week rent on the median house gives suburb investors a gross yield of circa 4.48%, without taking into account capital value appreciation, which has been averaging out at 4.02%.

Ashmore is an average performer in QLD when comparing median price capital growth over the last year. Ashmore gave property investors a average capital gain figure when compared to the rest of the state, with 1.67%.

If we look at median property appreciation over just the last three months, Ashmore has given property investors a paper return of 2.52%. This puts Suburb as 74 on a list of fastest fasting appreciating suburbs in QLD

Property investors looking for a bargain in Ashmore should be aiming for at least -4.92% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

HOUSE UNIT
$580,000 $305,000
1.75% 2.52%
12.62% 1.67%
4.02% 2.25%
$500 $360
202 126
4.48% 6.14%
53.12 67.28

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 11586
Median household income ($/weekly) 1146
Median age of persons 40
Median housing loan repayment ($/monthly) 1950
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1435 12.4
    25-34 years 1358 11.7
    35-44 years 1650 14.2
    45-54 years 1618 14.0
    55-64 years 1330 11.5
    Others 4195 36.2
    Age Group
    Census Count Percent(%)
    Registered Married 4053 47.3
    Not Married 3595 42.0
    Defacto Relationship 916 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 7617 70.5
    South Korea 128 1.2
    Papua New Guinea 1069 9.9
    United Kingdom 690 6.4
    Other 398 3.7
    Others 903 8.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 219 2.1
    Christianity 7429 72.0
    Islam 51 0.5
    Other Religious Groups 67 0.6
    No Religion 2478 24.0
    Others 69 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 400 10.5
    $600-$799 435 11.4
    $800-$999 374 9.8
    $1,000-$1,249 364 9.6
    $1,500-$1,999 508 13.4
    Others 1719 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3225 36.6
    Not in the labour force 3014 34.2
    Employed, worked part-time 1852 21.0
    Unemployed, looking for work 421 4.8
    Employed, away from work 311 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 616 11.4
    Professionals 983 18.2
    Technicians & trades workers 851 15.8
    Clerical & administrative workers 836 15.5
    Sales 671 12.4
    Others 1436 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 148 5.8
    Infants/Primary 941 37.0
    Secondary 641 25.2
    Technical or Further Educational Institution 226 8.9
    University or other Tertiary Institutions 533 20.9
    Others 57 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8584 80.1
    Flat, unit or apartment 1138 10.6
    Semi-detached, row or terrace house, townhouse 910 8.5
    Caravan, cabin, houseboat 84 0.8
    House or flat attached to a shop, office 4 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1613 38.7
    Fully owned 1336 32.1
    Rented 1119 26.9
    Other tenure type 95 2.3
    Tenure Type
Census 2011, ABS
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