Property value increases in Ashwood have tracked higher than the VIC average of 7.80% over the last 12 months.
Across a shorter period, Ashwood, 3147 has seen a median price increase of -0.79% over the last quarter.
Ashwood, 3147 is offering VIC ‘s 452th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Advertised rents are around the $430 mark per week – giving a return of 1.89% based on the median price in Suburb
Over the last year, property investments in Ashwood, 3147 have given investors a capital gain of 17.83%. This compares very favourably with the 3.63% for VIC as a whole.
If we look at median property appreciation over just the last three months, Ashwood has given property investors a paper return of 7.88%. This puts Suburb as 29 on a list of fastest fasting appreciating suburbs in VIC
On average over the past year, suburb has had 4.83 sales per month, which equates to 58 per year.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 8.44%, investors should hope to achieve an overall return of 3.08%