Located in New South Wales within the Maitland local government area, Ashtonfield is a smaller residential area (postcode 2323). With a population of 4,589, the suburb has an established demographic with a median age of 39. Households earn a median income of $112K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.2% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
Ashtonfield has a median house price of $955,000, which has risen steeply by 11.7% year-on-year. Units have a median price of $685,000 (+13.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,950.
Ashtonfield is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1071, which is above the national average of 1,000. Public transport access includes 32 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Maitland LGA is moderate at 4,266 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 3.3%, which reads as moderate yield. Property prices sit below the state median ($955K/$1.5M), which can point to relative value. The price-to-income ratio of 8.5x is considered moderate. House prices have moved +11.7% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.