Property investors who have had real estate in Ashburton, 3147 should be pleased 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 14.81%
Over the longer term, Ashburton has seen property prices show investors a 73.14% return over the last 3 years. This is worse than over the last 12 months
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.
Often selling an investment property can take time, and in Ashburton the average time real estate has been on the market is 32.95 days.
Ashburton is 600th on a list of best yielding suburbs for rents in VIC with a 1.68% return
Investment property in Ashburton has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.52%
A 78.86% growth in median value for property investors in Ashburton,3147 puts this suburb at number 66th in terms of best performing suburbs in VIC
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 34th most discounted overall in Australia.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 2.17%, without taking into account capital value appreciation, which has been averaging out at 9.56%.
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