Suburb Profile Report for Ashfield NSW (2131)

Ashfield House: Median price $1,690,000, Annual capital growth 10.81%, Number of sales 85, Weekly median advertised rent $660

Ashfield Unit: Median price $705,000, Annual capital growth 7.90%, Number of sales 296, Weekly median advertised rent $495

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$1,690,000 $705,000
4.32% 2.17%
12.29% 3.68%
10.81% 7.90%
$660 $495
85 296
2.03% 3.65%
88.71 51.44

Source: CoreLogic

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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