Ashburton

Ashburton, VIC 3147, is a family-friendly suburb with a mix of residents across various age groups. The suburb has a high weekly median household income and a low percentage of social housing. Commuting options include train, motor vehicle, and working from home, catering to different preferences. The suburb offers good educational opportunities with an above-average ICSEA value for government schools. For houses in Ashburton, the suburb shows strong potential for capital growth with a high median growth rate and a solid demand for rental properties. The suburb's low vacancy rate and high room demand-supply ratio indicate a healthy rental market. Investors should consider the high online search interest and the suburb's location for long-term growth. For units, although the median growth rate is negative, the suburb has a low vacancy rate and a high proportion of units being rented out, suggesting good rental yields for investors. Ashburton presents an appealing living environment for families, offering a mix of housing options and good amenities. For investors considering houses, the suburb shows promising signs for capital growth and rental returns. Units may also offer good rental yields despite a recent decline in median growth. The suburb's strong demand, low vacancy rate, and high room demand-supply ratio make it a compelling choice for property investment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022