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