Ashfield is an average performer in NSW when comparing median price capital growth over the last year. Ashfield gave property investors a average capital gain figure when compared to the rest of the state, with -3.40%.
Across a shorter period, Ashfield, 2131 has seen a median price increase of -4.61% over the last quarter.
Sellers are offering property buyers an average discount of -8.69% to buyers in Ashfield at the moment, which is less than average for the rest of NSW.
A $690 per week rent on the median house gives suburb investors a gross yield of circa 2.47%, without taking into account capital value appreciation, which has been averaging out at 8.58%.
NSW has seen average median house prices change by -4.02% which means that Ashfield, 2131 has not done well for property investors by showing a capital gain of -6.43% over the last year
Taking the average capital gain, or increase in median house value, Ashfield,2131 has racked up an average of -6.43% over the period. This ranks it number 1068th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Ashfield are currently offering property investors an average price cut of -6.33% below the asking price at the moment.
Often selling an investment property can take time, and in Ashfield the average time real estate has been on the market is 72.968 days.
Ashfield is 323th on a list of best yielding suburbs for rents in NSW with a 3.89% return