Ashby is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 316, the suburb has an older demographic with a median age of 61. Households earn a median income of $58K per year, with an average household size of 2 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Ashby is $900,000, having grown strongly 7.5% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,300.
Public transport access includes 9 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Ashby offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.6x is considered stretched. House prices have moved +7.5% year-on-year.
Ashby is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 316, the suburb has an older demographic with a median age of 61. Households earn a median income of $58K per year, with an average household size of 2 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Ashby is $900,000, having grown strongly 7.5% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,300.
Public transport access includes 9 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Ashby offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.6x is considered stretched. House prices have moved +7.5% year-on-year.