Ashcroft (postcode 2168) is a smaller residential area in New South Wales within the Liverpool local government area. With a population of 3,634, the suburb has a blend of families and working-age professionals with a median age of 32. Households earn a median income of $57K per year, with an average household size of 3.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.3% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are machinery operators & drivers, labourers, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Lebanese.
The median house price in Ashcroft is $1.0 million, having climbed sharply by 15.4% over the past year. Units have a median price of $243,000 (-6.5% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,950.
Ashcroft is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 882, which is well below the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Liverpool LGA is below average at 3,212 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.3% (moderate yield). Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 18.4x is considered stretched. House prices have moved +15.4% year-on-year. Population growth of +2.3% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.