Investment property in Ashwood has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.82%
A 66.40% growth in median value for property investors in Ashwood,3147 puts this suburb at number 176th in terms of best performing suburbs in VIC
Often selling an investment property can take time, and in Ashwood the average time real estate has been on the market is 30 days.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 11.68%, investors should hope to achieve an overall return of 1.89%
Property investors who have had real estate in Ashwood, 3147 should be relatively 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 8.34%
Comparing Ashwood,3147 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Often selling an investment property can take time, and in Ashwood the average time real estate has been on the market is 42.72 days.
With the median price for a house in Ashwood being $760000 and the advertised rent reaching $449.5 the gross rental yield for property investors calculates out to be 3.08%