Suburb Profile Report for Ashfield NSW (2131)

Ashfield House: Median price $1,595,000, Annual capital growth 8.86%, Number of sales 81, Weekly median advertised rent $650

Ashfield Unit: Median price $669,500, Annual capital growth 6.04%, Number of sales 219, Weekly median advertised rent $480

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

NSW has seen average median house prices change by 0.15% which means that Ashfield, 2131 has done well for property investors by showing a capital gain of 4.93% over the last year

While Ashfield,2131 ranked number 71th in NSW for increase in median house value (annualised) increase, it is ranked 663th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ashfield, 2131. Typically our figures indicate that -7.10% is being offered, which puts this NSW suburb at 1047th most discounted overall in Australia.

Property investors should expect to get $650 weekly from the median priced house in this suburb.

Giving property investors a an average capital gain of -0.74% for the last year, Ashfield, 2131 is the 793th highest performer in Australia in this respect.

While Ashfield,2131 ranked number 166th in NSW for increase in median house value (annualised) increase, it is ranked 458th over the last 5 years.

Property investors looking for a bargain in Ashfield should be aiming for at least -4.71% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 18.25 sales per month, which equates to 219 per year.

Property investors should expect to get $480 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,595,000 $669,500
10.00% 2.21%
4.93% -0.74%
8.86% 6.04%
$650 $480
81 219
2.12% 3.73%
65.2307692307692 76.5321100917431

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 22190
Median household income ($/weekly) 1314
Median age of persons 35
Median housing loan repayment ($/monthly) 2100
Average household size 2.4
  • Census Count Percent(%)
    20-24 years 1988 9.0
    25-34 years 4956 22.3
    35-44 years 3296 14.9
    45-54 years 2760 12.4
    55-64 years 2091 9.4
    Others 7098 32.0
    Age Group
    Census Count Percent(%)
    Not Married 7964 47.8
    Registered Married 7332 44.0
    Defacto Relationship 1355 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 9000 43.7
    Croatia 3298 16.0
    Indonesia 1216 5.9
    Philippines 562 2.7
    Other 2340 11.4
    Others 4195 20.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 1517 7.7
    Christianity 9612 48.5
    Hinduism 2051 10.3
    Islam 496 2.5
    No Religion 5916 29.9
    Others 227 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 737 9.8
    $1,250-$1,499 667 8.9
    $1,500-$1,999 1057 14.1
    $2,000-$2,499 677 9.0
    $2,500-$2,999 684 9.1
    Others 3694 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7019 39.6
    Not in the labour force 5991 33.8
    Employed, worked part-time 3258 18.4
    Unemployed, looking for work 831 4.7
    Employed, away from work 605 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 1115 10.2
    Professionals 3336 30.7
    Technicians & trades workers 1136 10.4
    Community & personal service workers 1086 10.0
    Clerical & administrative workers 1691 15.5
    Others 2516 23.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 1120 21.3
    Secondary 972 18.5
    Technical or Further Educational Institution 618 11.7
    University or other Tertiary Institutions 1930 36.7
    Other type of educational institution 384 7.3
    Others 237 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 11267 57.1
    Separate house 6523 33.0
    Semi-detached, row or terrace house, townhouse 1891 9.6
    House or flat attached to a shop, office 65 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3766 47.0
    Being purchased 2157 26.9
    Fully owned 1985 24.8
    Other tenure type 100 1.2
    Tenure Type
Census 2011, ABS
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