Get a property report and suburb profile for any property in Ashfield

Ashfield has an inner-west village atmosphere centred on King Street, where longstanding cafes, diverse restaurants and small shops sit alongside mid-century storefronts and newer eateries. Tree-lined streets host a mix of Victorian and Federation homes, terraces and apartment blocks clustered around Ashfield station, while Ashfield Park and other green pockets provide regular outdoor space for sport and family recreation. A visibly multicultural population and local community facilities shape everyday life.

Home to just over 23,000 people with a median age of 36, Ashfield attracts young professionals and established families who value convenience and public transport access. Dwellings are more often rented than owner-occupied (52.8% rented; 47.1% owner-occupied). Ongoing council and transport works are refreshing local facilities and public spaces, including civic centre and service centre upgrades, mainstreet and park improvements, accessibility works at the station, and active community projects such as the library and community garden. Whether Ashfield suits you depends on what you want from a suburb.

On the figures here, buying in Ashfield sits well above what local households earned at the last Census. The median house price of $2,182,500 works out to about 22.2 times a typical local annual household income at the last Census, while the median unit price of $888,000 is about 9.0 times that income, so both sit well above local incomes and houses are much further beyond.

For renters, a house rent of $950 a week would take roughly 50.3% of a typical local household's weekly income at the last Census, a large share, while a unit at $680 a week would take about 36.0% of that weekly income, a sizeable share. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months rents in Ashfield rose faster than property values. House rents climbed 6.7% while median house values increased a modest 4.3%. For units, rents rose 5.4% and unit values grew 5.0%.

If rental income is your priority, the rent increases are the numbers that matter; if capital growth matters more, consider the value changes. What that balance means for an investment in Ashfield depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.