Ashwood, 3147 ranked 387th in VIC when comparing growth in median property values or capital gain over the last 12 months. Ashwood is one of 2098 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ashwood has increased when compared to the 5 year average annual rate.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 1.84%, without taking into account capital value appreciation, which has been averaging out at 11.67%.
Giving property investors a a solid capital gain of 13.16% for the last year, Ashwood, 3147 is the 333th highest performer in Australia in this respect.
Comparing Ashwood,3147 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Ashwood should be aiming for at least -4.62% off the asking price, which is the average vendor discount being achieved at the moment.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 2.94%, without taking into account capital value appreciation, which has been averaging out at 7.37%.