Ashbury is a smaller suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2193). With a population of 3,353, the suburb has an established demographic with a median age of 44. Households earn a median income of $134K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Italian.
The median house price in Ashbury is $2.4 million, having grown strongly 10% over the past year. Units have a median price of $900,000 (-40.6% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,817.
Ashbury is served by 1 school, including 1 primary. The average ICSEA score is 1111, which is well above the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,349 incidents per 100,000 population.
From an investment perspective, Ashbury offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.0x is considered stretched. House prices have moved +10.0% year-on-year.
Ashbury is a smaller suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2193). With a population of 3,353, the suburb has an established demographic with a median age of 44. Households earn a median income of $134K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Italian.
The median house price in Ashbury is $2.4 million, having grown strongly 10% over the past year. Units have a median price of $900,000 (-40.6% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,817.
Ashbury is served by 1 school, including 1 primary. The average ICSEA score is 1111, which is well above the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,349 incidents per 100,000 population.
From an investment perspective, Ashbury offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.0x is considered stretched. House prices have moved +10.0% year-on-year.