Ashmont

ASHMONT, NSW 2650 is a suburb with a total population of 3747, experiencing a slight decline in population over the past few years. The area has a diverse age group distribution, with a significant number of residents aged between 5 to 64 years. The median household income is $994 per week. The suburb primarily consists of families and individuals working in various occupational sectors, with Technicians and Tradeworkers, Community and Personal Service Workers, and Labourers being the top three occupations. The majority of residents commute by motor vehicle, while a small percentage chooses to walk or work from home. For house investors, ASHMONT may be suitable for renovation opportunities due to a high saleprice IQR ratio, indicating potential for capital growth. With a market absorption rate of 22.2%, there is significant demand, potentially leading to future price increases. Additionally, a low vacancy rate of 1.5% suggests a stable rental market for those considering buy-to-let investments. For unit investors, the suburb offers a higher market absorption rate of 40.0%, indicating strong demand and potential for capital appreciation. The low vacancy rate of 0.1% further supports the attractiveness of the unit market in ASHMONT. ASHMONT, NSW 2650 is a family-friendly suburb with solid investment potential for both houses and units. Homeowners will find a blend of community and convenience, while investors can benefit from the suburb's renovation opportunities and high demand for rental properties. The area's demographic diversity and stable housing market make it an appealing choice for those looking to establish roots or grow their property portfolios. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022