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.