Ashmont is a smaller suburb in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 3,747, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $52K per year, with an average household size of 2.3 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Ashmont is $550,000, having surged 12.2% over the past year. Units have a median price of $267,000 (-17.8% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,103.
Ashmont is served by 1 school, including 1 primary. The average ICSEA score is 938, which is below the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Ashmont offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved +12.2% year-on-year.
Ashmont is a smaller suburb in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 3,747, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $52K per year, with an average household size of 2.3 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Ashmont is $550,000, having surged 12.2% over the past year. Units have a median price of $267,000 (-17.8% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,103.
Ashmont is served by 1 school, including 1 primary. The average ICSEA score is 938, which is below the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Ashmont offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved +12.2% year-on-year.