3/2 May Park Avenue

Ashwood VIC 3147

The size of Ashwood is approximately 2.6 square kilometres. It has 11 parks covering nearly 12.8% of total area. The population of Ashwood in 2011 was 6,061 people. By 2016 the population was 6,879 showing a population growth of 13.5% in the area during that time. The predominant age group in Ashwood is 30-39 years. Households in Ashwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ashwood work in a professional occupation. In 2011, 65.9% of the homes in Ashwood were owner-occupied compared with 59.4% in 2016.

Ashwood has 3,693 properties. Over the last 5 years, Houses in Ashwood have seen a 20.57% increase in median value, while Units have seen a 19.76% increase. As at 31 October 2024:

• The median value for Houses in Ashwood is $1,431,806 while the median value for Units is $1,003,989.
• Houses have a median rent of $660 while Units have a median rent of $630.