With a capital gain of 9.15% for the last 12 months, Ashburton, 3147 has performed for property investments than its average annual 11.09% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Ashburton has given property investors a paper return of 0.00%. This puts Suburb as 497 on a list of fastest fasting appreciating suburbs in VIC
The most recent median price for Ashburton is $1550000, with sellers offering an average of -14.00% off the asking price.
With the median price for a house in Ashburton being $1550000 and the advertised rent reaching $525 the gross rental yield for property investors calculates out to be 1.76%
Ashburton, 3147 ranked 11th in VIC when comparing growth in median property values or capital gain over the last 12 months. Ashburton is one of 2098 in our list for VIC
When looking at the potential capital gains offered to property investors over the last 3 years, Ashburton comes in at number 1st in VIC.
In the last year 19 properties changed hands in Ashburton, which puts it as the 307th most active market in VIC when comparing the number of sales per suburb.
Central to all amenities, 12km from CBD, family location, period homes, new units and 1950’s concrete homes. Vibrant strip shopping (High St), quality primary schools including Ashburton Primary, Solway Primary and St. Michaels. Recreation clubs and facilities, Gardiners Creek bike trail and Anniversary bike track. Full summary
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Selling points: Central to all amenities, 12km from CBD, family location, period homes, new units and 1950’s concrete homes. Vibrant strip shopping (High St), quality primary schools including Ashburton Primary, Solway Primary and St. Michaels. Recreation clubs and facilities, Gardiners Creek bike trail and Anniversary bike track.
Most sought after properties: Renovated or original period homes and larger blocks suitable for development in the ex housing commission pocket.
Most common properties: Original post war homes and original concrete homes
Top amenities: Alamein and Ashburton stations (Zone 1), YMCA recreational facility, leading Primary schools (Ashburton and Solway), numerous childcare and support facilities.
Local industry and business: Milk Cloud Cafe, Ashburton Fresh fruit and Vegetable shops, Buxton Real Estate.
Recent changes: Multi unit developments, GPO box office turned into apartments, people renovating existing homes and not moving from area due to convenience.
Best streets: Highgate Gve, Lexia Street, Glen Rd, Marquis St, Annetta Ave and Solway St.
Public transport: Alamein and Ashburton train stations (ZONE 1)
Main arteries: Access to the M1 freeway via High St