Suburb Profile Report for Ashwood VIC (3147)

Ashwood House: Median price $1,250,500, Annual capital growth 11.60%, Number of sales 77, Weekly median advertised rent $450

Ashwood Unit: Median price $770,000, Annual capital growth 7.73%, Number of sales 51, Weekly median advertised rent $443

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Ashwood, 3147 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 6.43%.

Ashwood,3147 has offered an average of 6.43% return per annum in house price rises to property investors over the last three years.

At number 69 in a list of fastest selling suburbs, Ashwood is in the TOP 10% of suburbs in Australia with an average of days on market 28.75 for properties listed there.

Advertised rents are around the $450 mark per week – giving a return of 1.87% based on the median price in Suburb

Ashwood has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.76% to date .

Taking the average capital gain, or increase in median house value, Ashwood,3147 has racked up an average of 9.76% over the period. This ranks it number 654th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Ashwood is offering property investors an average of -5.03. This rate of discount on properties puts Suburb at number 169th in terms of most discounted suburbs in VIC

Renters in Suburb are facing rents around $5310 per annum or $442.5 every week.

Metrics i HOUSE UNIT
$1,250,500 $770,000
1.67% 7.69%
6.43% 9.76%
11.60% 7.73%
$450 $443
77 51
1.87% 2.99%
28.75 39.54

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 6061
Median household income ($/weekly) 1285
Median age of persons 38
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 657 10.8
    25-34 years 922 15.2
    35-44 years 890 14.7
    45-54 years 835 13.8
    55-64 years 621 10.2
    Others 2136 35.2
    Age Group
    Census Count Percent(%)
    Registered Married 2189 48.0
    Not Married 2054 45.1
    Defacto Relationship 313 6.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3747 64.9
    Croatia 367 6.4
    Indonesia 190 3.3
    United Kingdom 183 3.2
    Other 311 5.4
    Others 973 16.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 244 4.4
    Christianity 3342 60.3
    Hinduism 163 2.9
    Other Religious Groups 91 1.6
    No Religion 1562 28.2
    Others 137 2.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 174 8.6
    $400-$599 206 10.2
    $1,500-$1,999 216 10.7
    $2,000-$2,499 171 8.4
    $2,500-$2,999 207 10.2
    Others 1053 51.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1812 37.9
    Employed, worked full-time 1743 36.5
    Employed, worked part-time 903 18.9
    Unemployed, looking for work 169 3.5
    Employed, away from work 150 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 420 15.0
    Professionals 854 30.5
    Technicians & trades workers 326 11.7
    Clerical & administrative workers 417 14.9
    Sales 243 8.7
    Others 536 19.2
    Occupation
    Census Count Percent(%)
    Pre-school 117 7.9
    Infants/Primary 437 29.4
    Secondary 338 22.8
    Technical or Further Educational Institution 181 12.2
    University or other Tertiary Institutions 372 25.1
    Others 39 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4679 82.7
    Semi-detached, row or terrace house, townhouse 615 10.9
    Flat, unit or apartment 337 6.0
    House or flat attached to a shop, office 29 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 792 36.5
    Being purchased 686 31.6
    Rented 680 31.3
    Other tenure type 13 0.6
    Tenure Type
Census 2011, ABS
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