Suburb Profile Report for Ashwood VIC (3147)

Ashwood House: Median price $1,255,000, Annual capital growth 11.70%, Number of sales 81, Weekly median advertised rent $460

Ashwood Unit: Median price $776,356, Annual capital growth 7.21%, Number of sales 52, Weekly median advertised rent $445

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2104th in the list of Australian suburbs ordered by increase in median house value over the last year, Ashwood, 3147 is in the BOTTOM 50% with a property value increase of 5.64% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Ashwood,3147 has racked up an average of 5.64% over the period. This ranks it number 165th in the whole country for real estate investors looking at median house price increases.

On average over the past year, suburb has had 6.75 sales per month, which equates to 81 per year.

The VIC suburb of Ashwood, 3147 is in the Monash local government area.

Property value increases in Ashwood have tracked just higher than the VIC average of 4.83% over the last 12 months.

Comparing Ashwood,3147 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

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 Ashwood, 3147. Typically our figures indicate that -4.62% is being offered, which puts this VIC suburb at 862th most discounted overall in Australia.

At number 128 in a list of fastest selling suburbs, Ashwood is in the TOP 10% of suburbs in Australia with an average of days on market 39.54 for properties listed there.

Metrics i HOUSE UNIT
$1,255,000 $776,356
1.80% 0.83%
5.64% 10.43%
11.70% 7.21%
$460 $445
81 52
1.91% 2.98%
42.5 39.54

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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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