Back to Suburb Insights
Ashfield Suburb Insights
VICLocation Information
Suburb Name
Ashfield, VIC
Distance from CBD
15.9 kmDemographics
Population
23,841
Median Income
$35,412
Area Information
Area
3.41 km²
Population Density
6991 people/km²
Property Market
Median Price
$409,735
Annual Growth
+14.6%Property Price Trend Analysis
Current Median Price
$409,735
Annual Growth
+14.6%
Quarterly Growth
+3%
Price Trends - Last 6 Months
2024-01
$354,658
+8.6%2024-02
$411,527
+4.4%2024-03
$784,255
+9.7%2024-04
$954,485
+14.1%2024-05
$534,620
+13.6%2024-06
$593,838
+16.5%Property Type Price Analysis
House
Median Price
$1,630,906
Growth Rate
+11.7%Available Listings
362 properties
Apartment
Median Price
$378,439
Growth Rate
+13.8%Available Listings
704 properties
Townhouse
Median Price
$594,703
Growth Rate
+7.8%Available Listings
254 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy