Mortgage Broker/Home Loans Ashmore
Buying a property in Ashmore? We can secure you with the right finance
Within the last month Ashmore has seen some positive statistics with regard to property fundamentals. There were 57 houses for sale over the month with 118 properties sold over the previous 12 months. Given the level of buyer interest (4033 buyers interested), days on market was a low 31 days demonstrating positive buyer demand. The investment yield for houses in Ashmore equated to 4.6% with average rents reflecting $800 per week which is up 6.7% year on year. The median house price in Ashmore was $952,500 over April 2023 to March 2024 which is down slightly (-2.8%) from the previous 12 months. Based on five years of sales, Ashmore has seen a median growth rate for houses of 11.48% annually reflecting total growth of 57.45% over the 5 years.
Given houses make up the majority of the built form in Ashmore, only 14 units sold over the month with 98 units selling over the previous 12 months. Days on market were similar to that of established houses at 32 days. There were 870 interested buyers over the month with Ashmore reflecting a rental yield for units of 5.3%. The median unit price in Ashmore reflected $600,000 which is a 10.6% increase from the preceding 12 months. Median rents reflected $600 per week, an increase of 2.6% year on year. Based on five years of sales, Ashmore has seen a median growth rate for units of 15.19% annually reflecting total growth of 75.95% over the 5 years.
Sorren Perridge and the team at Mortgage Choice, servicing Ashmore, will discuss your borrowing options and guide you through the home loan process.
Ashmore suburb profile
Being situated inland from the coastline west of Surfers Paradise and Main Beach, Ashmore is known for its family-friendly atmosphere, parks, and recreational facilities.
Ashmore is primarily a residential suburb, featuring a mix of housing options ranging from detached homes and townhouses and to a lessor extent apartments. The suburb is popular with families and individuals looking for a peaceful and suburban lifestyle while still being close to beaches and urban amenities such as schools and shopping centres.
One of the defining features of Ashmore is its abundance of parks and green spaces. These include Ashmore Village Park, which offers playgrounds, picnic areas, and walking trails. Another notable park is the Alan Nielsen Park, which features sports facilities, barbecue areas, and open spaces for recreational activities. There are several golf courses and other sporting amenities within proximity.
Ashmore offers several schools catering to the educational needs of residents. These include Ashmore State School providing primary education and Ashmore State High School, which offers secondary education. Ashmore is also within proximity of several private schools, most notably Aquinas Collage and The Southport School (TSS). Additionally, there are childcare centres and preschools serving younger children in the area.
While Ashmore is primarily residential, it has convenient access to shopping centres such as Ashmore Plaza and Ashmore City. Both shopping centres provide a range of retail stores, supermarkets, cafes, and restaurants, meeting the everyday needs of residents.
Ashmore's central location on the Gold Coast offers easy access to various attractions and amenities. The suburb is situated close to major roads and highways, making it convenient for residents to travel to nearby areas such as Surfers Paradise, Southport, and Broadbeach, which are known for their beaches, entertainment, and dining options. The Smith Street motorway is nearby providing easy access to the northern suburbs and Brisbane via the M1, whilst the Nerang train station is conveniently located within a 10 minute drive.
Overall, Ashmore offers a balanced lifestyle with its residential charm, green spaces, and proximity to urban conveniences, making it an attractive suburb for families and individuals seeking a tranquil yet well-connected community on the Gold Coast.
Our promise to you
Being your Mortgage Choice broker servicing Ashmore, we are committed to ensuring you truly have the best interest rate available on the market! Our promise to our clients is:
- In most cases, our home loan service is at no cost to you!
- We will do the legwork. You can save hours of research and paperwork by getting us to help!
- We can help you access market-leading rates.
- We will source the most appropriate loan for your individual circumstances from our panel of over 30 lenders.
Start your home loan journey today
What is your Borrowing power in Ashmore?
When you're ready to purchase your property in (Suburb), it's important to have a good understanding of how much you can borrow. We know that finding out how much you can borrow for a property can be a bit confusing, which is why we have some great resources at your disposal.
To arrange an appointment please call Sorren Perridge from the team at Mortgage Choice, servicing Ashmore, on 0436 961 101 or click the following link to book:
We can also help with:
- Mortgage Broking
- Personal loans
- Asset Finance
- Debt Consolidation
- Equipment Finance
- First Home Buyers
- Pre-Approvals
- Refinancing
- Self-Managed Super Fund lending
- Upgraders and Movers
- Investment Lending
- Commercial Lending
- Car loans and leasing
