Property investors who have had real estate in Ashburton, 3147 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.26%
Over the longer term, Ashburton has seen property prices show investors a 44.67% return over the last 3 years. This is worse than over the last 12 months
On average over the past year, suburb has had 8.50 sales per month, which equates to 102 per year.
Advertised rents are around the $550 mark per week – giving a return of 1.79% based on the median price in Suburb
Giving property investors a an unimpressive capital gain of -1.03% for the last year, Ashburton, 3147 is the 1180th highest performer in Australia in this respect.
A 48.11% growth in median value for property investors in Ashburton,3147 puts this suburb at number 336th in terms of best performing suburbs in VIC
The VIC suburb of Ashburton, 3147 is in the Boroondara local government area.
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