Suburb Profile Report for Ashburton VIC (3147)

Ashburton House: Median price $1,566,000, Annual capital growth 11.34%, Number of sales 103, Weekly median advertised rent $500

Ashburton Unit: Median price $1,130,000, Annual capital growth 9.67%, Number of sales 22, Weekly median advertised rent $443

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 665th in the list of Australian suburbs ordered by increase in median house value over the last year, Ashburton, 3147 is in the top 20% with a property value increase of 13.85% recorded in median house prices.

While Ashburton,3147 ranked number 192th in VIC for increase in median house value (annualised) increase, it is ranked 12th over the last 5 years.

Our latest figures would indicate that property sellers in Ashburton are currently offering property investors an average price cut of -14.00% below the asking price at the moment.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Ashburton is in the TOP 10% in VIC when comparing median price capital growth over the last year. Ashburton gave property investors a very good capital gain figure when compared to the rest of the state, with 20.73%.

Comparing Ashburton,3147 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

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 Ashburton, 3147. Typically our figures indicate that -11.54% is being offered, which puts this VIC suburb at 29th most discounted overall in Australia.

Residents and property investors in Ashburton have been waiting around 61.3 days to sell a property.

Situated 12.01km from the CBD, Ashburton is one of Boroondara localities in the postcode 3147.

James Marcou Information supplied by:

James Marcou
Buxton

M 98099888
O 0409967995

W http://www.buxton.com.au/
E jmarcou@buxton.com.au
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
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
Close
HOUSE UNIT
$1,566,000 $1,130,000
2.69% 15.78%
13.85% 20.73%
11.34% 9.67%
$500 $443
103 22
1.66% 2.04%
32.5 61.3

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Ashburton VIC
Demographics
Total population 7585
Median household income ($/weekly) 1765
Median age of persons 38
Median housing loan repayment ($/monthly) 2300
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1089 14.4
    25-34 years 769 10.1
    35-44 years 1224 16.1
    45-54 years 1138 15.0
    55-64 years 789 10.4
    Others 2577 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 2847 51.8
    Not Married 2294 41.8
    Defacto Relationship 353 6.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5463 74.5
    Croatia 239 3.3
    Indonesia 177 2.4
    United Kingdom 283 3.9
    Other 291 4.0
    Others 882 12.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 198 2.8
    Christianity 4341 62.0
    Hinduism 126 1.8
    Islam 77 1.1
    No Religion 2135 30.5
    Others 122 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 195 8.4
    $2,000-$2,499 187 8.0
    $2,500-$2,999 333 14.3
    $3,000-$3,499 228 9.8
    $4,000 or more 194 8.3
    Others 1188 51.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2142 37.2
    Not in the labour force 1966 34.1
    Employed, worked part-time 1261 21.9
    Unemployed, looking for work 206 3.6
    Employed, away from work 185 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 621 17.3
    Professionals 1269 35.4
    Community & personal service workers 297 8.3
    Clerical & administrative workers 464 12.9
    Sales 312 8.7
    Others 622 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 176 8.0
    Infants/Primary 740 33.5
    Secondary 561 25.4
    Technical or Further Educational Institution 159 7.2
    University or other Tertiary Institutions 498 22.6
    Others 72 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6228 87.0
    Semi-detached, row or terrace house, townhouse 541 7.6
    Flat, unit or apartment 367 5.1
    House or flat attached to a shop, office 25 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 929 36.2
    Being purchased 899 35.1
    Rented 722 28.2
    Other tenure type 13 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals