With a capital gain of 4.39% for the last 12 months, Ashmore, 4214 has performed for property investments than its average annual 3.37% property growth over the last 5 years.
A 34.46% growth in median value for property investors in Ashmore,4214 puts this suburb at number 279th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Ashmore should be aiming for at least -3.13% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Ashmore have been waiting around 14.5 days to sell a property.
Renters in Suburb are facing rents around $6060 per annum or $505 every week.
Ashmore has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.35% to date .
While Ashmore,4214 ranked number 149th in QLD for increase in median house value (annualised) increase, it is ranked 109th over the last 5 years.
A $375 per week rent on the median house gives suburb investors a gross yield of circa 5.84%, without taking into account capital value appreciation, which has been averaging out at 2.49%.
Ashmore's median unit price remains under $350,000 even with 8.5% growth, and rental returns are coming in at an average of nearly 6%.Full summary
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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.Close