Ashford is a small community in New South Wales within the Inverell local government area (postcode 2361). With a population of 659, the suburb has a mature demographic with a median age of 54. Households earn a median income of $44K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Ashford is $198,000, having dropped significantly 25.5% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $658.
Ashford is served by 1 school, including 1 combined. The average ICSEA score is 808, which is well below the national average of 1,000. Public transport access includes 28 bus stops. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Ashford offers a gross rental yield of 9.2%, rated as high yield. Property prices sit below the state median ($198K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved -25.5% year-on-year.
Ashford is a small community in New South Wales within the Inverell local government area (postcode 2361). With a population of 659, the suburb has a mature demographic with a median age of 54. Households earn a median income of $44K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Ashford is $198,000, having dropped significantly 25.5% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $658.
Ashford is served by 1 school, including 1 combined. The average ICSEA score is 808, which is well below the national average of 1,000. Public transport access includes 28 bus stops. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Ashford offers a gross rental yield of 9.2%, rated as high yield. Property prices sit below the state median ($198K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved -25.5% year-on-year.