Suburb Profile Report for Ashfield WA (6054)

Ashfield House: Median price $490,000, Annual capital growth 3.37%, Number of sales 23, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

Investment property in Ashfield has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.00%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ashfield has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Ashfield are currently offering property investors an average price cut of -5.60% below the asking price at the moment.

At number 631 in a list of fastest selling suburbs, Ashfield is in the TOP 20% of suburbs in Australia with an average of days on market 53.95 for properties listed there.

Advertised rents are around the $350 mark per week – giving a return of 3.71% based on the median price in Suburb

HOUSE UNIT
$490,000 N/A
-1.01% N/A
-2.00% N/A
3.37% N/A
$350 N/A
23 N/A
3.71% N/A
53.95 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 1256
Median household income ($/weekly) 1091
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 117 9.3
    25-34 years 218 17.4
    35-44 years 192 15.3
    45-54 years 150 11.9
    55-64 years 141 11.2
    Others 438 34.9
    Age Group
    Census Count Percent(%)
    Not Married 466 48.2
    Registered Married 377 39.0
    Defacto Relationship 124 12.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 817 69.4
    Indonesia 26 2.2
    Papua New Guinea 26 2.2
    United Kingdom 110 9.3
    Other 50 4.2
    Others 149 12.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 2.9
    Christianity 700 61.5
    Islam 35 3.1
    Other Religious Groups 18 1.6
    No Religion 342 30.0
    Others 11 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 44 9.8
    $400-$599 53 11.8
    $600-$799 42 9.4
    $800-$999 41 9.2
    $1,500-$1,999 59 13.2
    Others 209 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 389 39.5
    Employed, worked full-time 383 38.8
    Employed, worked part-time 136 13.8
    Unemployed, looking for work 42 4.3
    Employed, away from work 36 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 51 9.2
    Professionals 121 21.8
    Technicians & trades workers 98 17.7
    Clerical & administrative workers 70 12.6
    Labourers 64 11.6
    Others 150 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 15 6.6
    Infants/Primary 67 29.3
    Secondary 60 26.2
    Technical or Further Educational Institution 25 10.9
    University or other Tertiary Institutions 51 22.3
    Others 11 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1048 89.0
    Semi-detached, row or terrace house, townhouse 130 11.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 213 42.8
    Being purchased 153 30.7
    Fully owned 129 25.9
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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