Suburb Profile Report for Ashmore QLD (4214)

Ashmore House: Median price $686,000, Annual capital growth 4.65%, Number of sales 264, Weekly median advertised rent $573

Ashmore Unit: Median price $406,500, Annual capital growth 3.40%, Number of sales 102, Weekly median advertised rent $445

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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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.

Information supplied by:


July 2017

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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.

Metrics i HOUSE UNIT
$686,000 $406,500
2.54% 8.40%
13.86% 31.77%
4.65% 3.40%
$573 $445
264 102
4.34% 5.69%
40.3617021276596 61.1904761904762

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 11586
Median household income ($/weekly) 1146
Median age of persons 40
Median housing loan repayment ($/monthly) 1950
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1435 12.4
    25-34 years 1358 11.7
    35-44 years 1650 14.2
    45-54 years 1618 14.0
    55-64 years 1330 11.5
    Others 4195 36.2
    Age Group
    Census Count Percent(%)
    Registered Married 4053 47.3
    Not Married 3595 42.0
    Defacto Relationship 916 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 7617 70.5
    South Korea 128 1.2
    Papua New Guinea 1069 9.9
    United Kingdom 690 6.4
    Other 398 3.7
    Others 903 8.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 219 2.1
    Christianity 7429 72.0
    Islam 51 0.5
    Other Religious Groups 67 0.6
    No Religion 2478 24.0
    Others 69 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 400 10.5
    $600-$799 435 11.4
    $800-$999 374 9.8
    $1,000-$1,249 364 9.6
    $1,500-$1,999 508 13.4
    Others 1719 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3225 36.6
    Not in the labour force 3014 34.2
    Employed, worked part-time 1852 21.0
    Unemployed, looking for work 421 4.8
    Employed, away from work 311 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 616 11.4
    Professionals 983 18.2
    Technicians & trades workers 851 15.8
    Clerical & administrative workers 836 15.5
    Sales 671 12.4
    Others 1436 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 148 5.8
    Infants/Primary 941 37.0
    Secondary 641 25.2
    Technical or Further Educational Institution 226 8.9
    University or other Tertiary Institutions 533 20.9
    Others 57 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8584 80.1
    Flat, unit or apartment 1138 10.6
    Semi-detached, row or terrace house, townhouse 910 8.5
    Caravan, cabin, houseboat 84 0.8
    House or flat attached to a shop, office 4 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1613 38.7
    Fully owned 1336 32.1
    Rented 1119 26.9
    Other tenure type 95 2.3
    Tenure Type
Census 2011, ABS
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