QLD has seen average median house prices change by 12.16% which means that Ashmore, 4214 has done well for property investors by showing a capital gain of 13.86% over the last year
While Ashmore,4214 ranked number 600th in QLD for increase in median house value (annualised) increase, it is ranked 430th over the last 5 years.
The most recent median price for Ashmore is $686000, with sellers offering an average of -4.45% off the asking price.
Residents and property investors in Ashmore have been waiting around 40.3617 days to sell a property.
With the median price for a house in Ashmore being $686000 and the advertised rent reaching $572.5 the gross rental yield for property investors calculates out to be 4.34%
Investment property in Ashmore has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 31.77%
A 38.03% growth in median value for property investors in Ashmore,4214 puts this suburb at number 34th in terms of best performing suburbs in QLD
The most recent median price for Ashmore is $406500, with sellers offering an average of -2.98% off the asking price.
At number 723 in a list of fastest selling suburbs, Ashmore is just in the top half of suburbs in Australia with an average of days on market 61.1905 for properties listed there.
The QLD suburb of Ashmore, 4214 is in the Gold Coast (C) local government area.
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In the suburb of Ashmore, the unit market is looking like a good deal for investors given its very high yields, affordability and growth potential.
The median unit price remains under $350,000 even with 8.5% growth, and rental returns are coming in at an average of nearly 6%. The suburb has also been maintaining a positive growth trend throughout the recent five-year period, being part of the thriving Gold Coast region.
Ashmore has a lot of appeal for residents because of its proximity to the employment hub at Southport CBD, which is home to Chinatown, several schools, Griffith University and plenty of retail and commerce. Ashmore itself has several small shopping centres and various dining establishments.