Fraud Blocker

Ashburton, VIC 3147

Home » VIC Real Estate Data » Boroondara City, VIC » Ashburton, VIC 3147

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Ashburton, VIC 3147 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Ashburton, VIC 3147”

  1. The total adult population (15 years or older) of Ashburton 3147 VIC is 6,370, with a median age of 41. Of those, 54.19% are married, 8.05% are divorced or separated, 32.64% are single and 5.12% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $13,688. The median monthly mortgage repayment for households in this suburb is $3,000 which is 21.92% of their earnings.

    Source: ABS Census Data (2021)

  2. The bustling suburb of Ashburton, with the postal code 3147, can be found in the vibrant state of Victoria. Home to approximately 3552 households, the suburb presents as an intriguing property hot spot. As we dive into the Q3 of 2023 statistics, it’s apparent that the property market in Ashburton has a strong foothold.

    The typical house price in Ashburton fetches an impressive $2,074,180 with a median weekly rent setting you back $659. This equates to an indicative yield of 1.65%. Although this yield slips below the minimum 3% yield preference, Ashburton could still constitute a solid investment decision depending on other factors.

    The suburb boasts a robust IRSAD score of 1126 out of 1217, indicative of the high socio-economic status of its residents. Coupled with a relatively low renter to owner ratio of 25%, these metrics suggest that purchasing a property in Ashburton could be a long-term stronghold investment.

    The unit to the house ratio in Ashburton is particularly appealing at only 7%, indicating a favorable bias towards houses. This low percentage suggests less rental competition and the potential for higher rental yields.

    While the affordability index stands at a high 59 years for houses, it’s important to keep in mind that the relatively high price point of homes in Ashburton could skew this number. However, Ashburton’s low stock on market Percentage of 0.13% and the equally low inventory level of 0.52 months indicate a favorable tight supply scenario.

    Moreover, it’s worth noting the Building Approval Ratio for houses is at 0.66%, painting a picture of moderate growth. At the same time, the brisk 23 days on market display the high demand for properties in this area.

    An equally positive sign of demand is the area’s Vacancy Rate. Combining both houses and units, the rate is 1.58%, suggesting a high demand for properties in Ashburton. The buy search index for houses in Ashburton holds steady at 5, showcasing a neutral level of online buyer interest.

    While some factors, such as the Affordability Index, present challenges, Ashburton’s property market landscape appears largely favorable with its high socio-economic demographics, low Supply, and high Demand.

    As always, minding the changing trends, staying informed and making decisions based on comprehensive market data such as HtAG’s Relative Composite Score (RCS) will inevitably lead to profitable real estate investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment