Ashmore has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.25% to date .
A 17.70% growth in median value for property investors in Ashmore,4214 puts this suburb at number 216th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Ashmore should be aiming for at least -6.14% off the asking price, which is the average vendor discount being achieved at the moment.
The QLD suburb of Ashmore, 4214 is in the Gold Coast (C) local government area.
Ashmore has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -4.91% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Ashmore comes in at number 86th in QLD.
Ashmore4214 is located in QLD which offers an average discount of -6.19% to property investors. Ashmore itself is showing figures that indicate -3.87% is the average achievable by property buyers investing in the suburb.
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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.