Suburb Profile Report for Ashwood VIC (3147)

Ashwood House: Median price $1,230,000, Annual capital growth 11.67%, Number of sales 71, Weekly median advertised rent $440

Ashwood Unit: Median price $772,711, Annual capital growth 7.70%, Number of sales 56, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report

Ashwood has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.46% to date .

Over the longer term, Ashwood has seen property prices show investors a 62.91% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Ashwood 3147 should be seeing an average reduction in asking price of around -6.67% . This means that Ashwood is holding prices well when compared to other suburbs in VIC.

VIC has seen average median house prices change by 3.19% which means that Ashwood, 3147 has done well for property investors by showing a capital gain of 15.33% over the last year

A 39.23% growth in median value for property investors in Ashwood,3147 puts this suburb at number 72th in terms of best performing suburbs in VIC

Advertised rents are around the $450 mark per week – giving a return of 3.03% based on the median price in Suburb

HOUSE UNIT
$1,230,000 $772,711
3.40% 3.03%
11.46% 15.33%
11.67% 7.70%
$440 $450
71 56
1.86% 3.03%
31.23 42.42

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Ashwood VIC
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
Chart Table
Recent sales & rentals