Ashfield QLD

Postcode 4670 · Bundaberg LGA

Ashfield is a small community in Queensland within the Bundaberg local government area (postcode 4670). With a population of 1,152, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $120K per year, with an average household size of 3.1 people. The most common occupations are professionals, labourers, managers. The top ancestries reported are Australian, English, Scottish.

The median house price in Ashfield is $494,000, having surged 11.7% over the past year. Units have a median price of $303,000 (+24.2% YoY). The median weekly rent is $393 (Census 2021). This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,740.

The crime rate in the Bundaberg LGA is moderate at 5,052 incidents per 100,000 population.

From an investment perspective, Ashfield offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($494K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.1x is considered affordable. House prices have moved +11.7% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.1% Moderate Yield
Price vs State$494K/$1.1M Below Median
Affordability4.1x Affordable
Price Momentum+11.7% Rising
INCOME (ATO 2022-23)
Median Income$49,452
Mean Income$58,676
Earners3,283
YoY Change+4.9%
SEIFA INDEX (ABS)
Advantage7/10
Education5/10
Economic8/10
Disadvantage7/10
MEDIAN HOUSE
$494K
11.7% YoY
MEDIAN UNIT
$303K
24.2% YoY
MEDIAN RENT /WK
$393
POPULATION
1,152
DEMOGRAPHICS
Median Age32
Household Size3.1
HH Income /wk$2,315
Personal Income /wk$882
Mortgage /mth$1,740
CRIME (Bundaberg LGA)
Crime Rate (per 100k)5,052
Total Incidents5,052
Data: 2024