Fraud Blocker

Ashfield, WA 6054

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 Ashfield, WA 6054 located in Perth 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 “Ashfield, WA 6054”

  1. The total adult population (15 years or older) of Ashfield 6054 WA is 1,168, with a median age of 38. Of those, 37.07% are married, 12.84% are divorced or separated, 44.95% are single and 4.79% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $9,296. The median monthly mortgage repayment for households in this suburb is $1,881 which is 20.23% of their earnings.

    Source: ABS Census Data (2021)

  2. Set amidst the vibrant locale of WA, the suburb of Ashfield 6054 houses an estimated 674 households. As of the third quarter in 2023, Ashfield exhibits a burgeoning property market with intriguing facets suitable for discerning property investors.

    Property prices are moderately placed with the typical prices for houses in this area gravitating towards $601,810. This is complemented by a befitting median weekly rent of $431. Importantly for cashflow-focused investors, these figures season the local market with a healthily attractive indicative yield of approximately 3.72%.

    In the socio-economic spectrum, Ashfield manifests a commendable IRSAD score of 981 out of 1217, suggesting a robust socio-economic status, thus underlining the suburb’s strong economic viability. Ashfield’s property landscape is characterised by an evenly balanced renter-to-owner ratio of 38%, making it an enticing proposition for investors seeking a reliable rental income without a heavy skew towards a rental-dominated market.

    Contrasting most dense urban regions, Ashfield has a remarkably low units-to-houses ratio of 1%, suggesting a mature and stable property market free from the pressures of oversaturated rental competition. Predominantly a residential suburb, Ashfield is widely regarded as a suburb that caters to families looking for longer tenancy periods, evidencing community stability.

    Affordability remains a pivotal factor for prospective buyers. The affordability index, estimating the likely duration for fully owning a property in Ashfield, is reported at 25 years. This undercuts the theoretical standard 30-year mortgage, making the prospects of homeownership a reality for many families sooner rather than later.

    A low stock on market percentage of 0.45% and inventory levels of 1.2 months highlights a favourable low supply market. An incremental building approvals ratio of 0.45% contributes to this low supply, proposing opportunities for individual homes to potentially amass value.

    The vibrant local market sees an average house stay on the market for just 31 days, indicating high demand in the sector. This demand is further substantiated by a comforting vacancy rate hovering at 1.57%, demonstrating a neutral yet steady level of demand.

    Finally, with an online buy search index averaging at 5, Ashfield displays moderate demand in line with the state/city average. This offering points towards a balanced property market, providing opportunities for both homebuyers and investors alike.

    Overall, with these metrics, Ashfield presents a balanced and favourable market milieu, justifying the need for savvy investors and prospective homebuyers to place this suburb high on their radar. While some metrics modestly tip towards less favourable ranges, it’s important to interpret these comfortably within the context of other variables and trends within this intriguing market. Delving into the RCS (Relative Composite Score) through HtAG Analytics could offer additional insight into this vibrant property market.

    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