ashburton

3147, Victoria

Real Estate & Property Information

Median
Price Rank
50

ashburton Suburb Profile & Review

Ashburton residents live in an enviable location. The suburb is less than ten minutes from Chadstone Shopping Centre and twenty minutes from the city centre. Though it can be a bustling area during peak hour, Ashburton's streetscapes are spacious and lined with trees. Bike paths, sportsgrounds and beautiful parks enhance its family-friendly atmosphere.

Buses running along High Street whisk students to prestigious private schools in nearby suburbs, like Scotch College and Trinity Grammar School. Ashburton itself has three primary schools: Solway Primary School, Saint Michael's Parish School and Ashburton Primary School. There are also many tertiary students living in the area due to the proximity of the Holmesglen Institute of TAFE, Monash University, Deakin University's Burwood campus and Swinburne University's Hawthorn campus.

A vibrant shopping strip with coffee shops, cafes, bakeries, pharmacies and an IGA supermarket can be found along High Street near the Ashburton railway station. Alamein Station, the terminus for the Alamein line, is also located in the south of the suburb. Other popular community facilities include the Ashburton Pool and Recreation Reserve, and the Ashburton Library, which is conveniently located on High Street.

ashburton Demographic Data

$ 900,000 Median House Price

17 Minutes Average Commute

38 Median Age

7,586 Population

50.67 % Female

49.33 % Male

1968 NO OF FAMILIES

1.8 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in ashburton, Victoria.

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ashburton Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

ashburton Median House Prices

  • 2008 $ 811,000
  • 2009 $ 792,500
  • 2010 $ 797,500
  • 2011 $ 985,075
  • 2012 $ 900,000

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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ashburton 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in ashburton have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term ashburton property price predictions.

ashburton Market Property Types

  • 83 % Seperate House
  • 9 % Semi Detached
  • 8 % Flat or Unit
  • 1 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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ashburton Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

ashburton Income & Mortgage Stats

  • $ 1,765 Median Weekly Household Income
  • $ 2,300 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in ashburton

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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ashburton Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

ashburton Sold Property Prices

ashburton Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

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ashburton Restaurants

  • Zaika Tandoor15 Cleveland Road ashburton VIC 314703 9807 2524
  • Tonkra Thai376 Warrigal Rd ashburton VIC 314703 9886 9722
  • Tong Lok260 High Street ashburton VIC 314703 9885 1143

ashburton Cafes

  • Milano Espresso Bar170 High Streetashburton VIC 314703 9886 0807
  • Elatte204 High Streetashburton VIC 314703 9885 8164
  • Milk Cloud283 High Streetashburton VIC 314703 9885 1917

ashburton Schools

  • St. Michaels Primary School268 High Streetashburton VIC 3147(03) 9885 3105Catholic Primary School
  • Ashburton Primary SchoolFakenham Roadashburton VIC 3147(03) 9885 2559State Primary School
  • Solway Primary SchoolWinton Roadashburton VIC 3147(03) 9885 2421State Primary School

ashburton Childcare

  • Clever Kids CCC436 Warrigal Rdashburton VIC 3147
  • Craig Family Centre7 Samarinda Avenueashburton VIC 3147
  • Highgate Early Childhood Centre3 Highgate Groveashburton VIC 3147

ashburton Kindergarten and Preschools

  • Estrella Preschool32 Chamberlain Streetashburton VIC 3147

ashburton Sporting Centres and Clubs

  • Ashburtonashburton VIC 3147Soccer Club
  • Ashburton Uniting T. Clubashburton VIC 3147Tennis Club & Courts
  • St. Michaelsashburton VIC 3147Tennis Club & Courts

ashburton Retirement Villages

  • Rosewood Gardensashburton VIC 3147

Find out How Much your House is Worth in ashburton

Request a free market Basic Report for ashburton to get a general idea of property prices in your area, or a more specific CMA Report for the property you own.

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