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Ashfield, QLD 4670

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$910,000

market range $875K-$1M

Median Unit

$640,000

Gross Yield (houses)

4.0%

1yr Growth (houses)

+14.6%

market range +7.5% to +20.0%

Investment snapshot for Ashfield

Ashfield has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Ashfield market and investor summary

Ashfield (QLD 4670) runs a median house price of $910K, with houses yielding a gross 4.0%. House prices have moved +14.6% over the past year. At 2.2% vacancy, it is a broadly balanced rental market.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.0% is neither a standout cashflow play nor a pure growth bet.

Living in Ashfield: people, income and schools

Ashfield is home to around 1,152 people, and the area has been growing steadily, up about 10% over five years. The median age is 32, broadly working-age, and 83% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $120,000 a year, or roughly $2,320 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to about 7.6 times local household income, in line with much of metropolitan Australia. Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.

There are 16 schools within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 1 for walkability and 6 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
1,152
+10% over 5yr
Median age
32 years
Median household income
$120,000/yr
Households renting
16%
Family households
87%
Socio-economic rank
2/10
ABS advantage index
Schools within 5km
16
avg ICSEA 975
Unemployment
3.9%
Walk score
1/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Ashfield

No properties currently listed in Ashfield

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Frequently asked questions about Ashfield

What should I check before investing in Ashfield?

Ashfield has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.2% gives a usable rent-to-price starting point. Capital growth of +14.6% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Ashfield?

The median property price in Ashfield, QLD 4670 is $910K for houses and $640K for units.

What rental yield does Ashfield show?

The gross rental yield in Ashfield is 4.0% for houses and 4.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Ashfield?

House prices in Ashfield are up 14.6% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Ashfield?

The current vacancy rate in Ashfield is 2.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Ashfield?

Ashfield has a population of approximately 1,152 residents, with a median age of 32.

What schools are near Ashfield?

There are 16 schools within roughly 5km of Ashfield. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Ashfield affordable to buy in?

A median house in Ashfield costs about 7.6 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Ashfield's population growing?

The population of Ashfield has grown about 10% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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