Property investors who have had real estate in Ashfield, 2131 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.29%
A 93.70% growth in median value for property investors in Ashfield,2131 puts this suburb at number 354th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Ashfield is offering property investors an average of -5.24. This rate of discount on properties puts Suburb at number 208th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $660 and the average annual increase in value of a median property of 10.81%, investors should hope to achieve an overall return of 2.03%
At number 895th in the list of Australian suburbs ordered by increase in median house value over the last year, Ashfield, 2131 is in the BOTTOM 50% with a property value increase of 3.68% recorded in median house prices.
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.
The most recent median price for Ashfield is $705000, with sellers offering an average of -4.24% off the asking price.