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.
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
Information supplied by:
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