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

Ashmore is an established inland Gold Coast suburb with tree-lined streets and a mix of mid-century weatherboard cottages, brick family homes and newer suburban builds. It has a local shopping centre, several small retail strips, parks, sports ovals and playgrounds, and regular bus routes plus good access to major roads that make beachside precincts and larger commercial centres easy to reach.

Home to about 12,415 people with a median age of 43, Ashmore is weighted towards families and owner-occupiers, with roughly three quarters of homes owned and about one in four rented. It attracts families, professionals and downsizers who prefer quieter streets, garden space and low-rise living. The TAFE Queensland Ashmore campus provides trades and technical training and is receiving an amenities upgrade, and a fortnightly mobile library visits Ashmore Village Park. Whether that mix suits you depends on what you want from a suburb.

On the figures, buying in Ashmore sits well above what a typical local household earned at the last Census. The median house price of $1,168,500 is about 14.2 times a typical local annual household income at the last Census, while the median unit price of $703,000 is about 8.6 times that annual income, so both prices are high relative to the Census household income and houses are especially elevated on that measure.

Rents also take a large share of a typical local household's weekly income at the last Census: average house rent of $900 a week is roughly 56.9% of that weekly income, and average unit rent of $670 a week is about 42.4%. If you are renting rather than buying, those rent shares are the most relevant figures for affordability on these numbers.

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

The clearest movement in Ashmore over the past 12 months is in rents: unit rents jumped 21.8% and house rents rose 11.1%. On the value side, house values climbed 13.9% while unit values only edged up 1.6%.

If you are weighing Ashmore up as an investment, the value figures show capital growth over the year and the rent figures show changes in rental income. Here, unit rental income has risen the most, while house values and house rents both rose strongly and unit values moved only slightly. Whether that pattern fits your goals and circumstances is for you to decide.

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.