Ashford (postcode 5035) is a small locality in South Australia within the West Torrens local government area. It is home to about 1,157 residents, with a mix of young professionals and families and a median age of 35. Households earn a median income of $83K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 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 professionals, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Indian.
Median house prices in Ashford stand at $1.3 million, having risen by 4% over the last twelve months. The current median weekly rent is $638. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,712.
Ashford is served by 1 school, including 1 special. The average ICSEA score is 1080, which is above the national average of 1,000. Public transport access includes 8 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the West Torrens LGA is below average at 3,976 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.6% (low yield). Property prices are above the state median ($1.3M/$950K), placing it in the premium segment. The price-to-income ratio of 15.6x is considered stretched. House prices have moved +4.0% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.