All About Ashburton, Boroondara, VIC, 3147

Ashburton, located within the City of Boroondara in Victoria, is known for its charming suburban ambiance, characterized by well-maintained streets lined with mature trees and a variety of housing styles. The housing market in Ashburton is reflective of its desirability, with a mix of post-war homes, modern townhouses, and an increasing number of contemporary renovations and new builds. The area has seen steady demand, attributed primarily to its strong community feel, reputable schools, and convenient access to public transport and amenities. Median property prices in Ashburton are on the higher end, consistent with the broader Boroondara area, making it a sought-after suburb for families and professionals alike who are in search of a balance between urban accessibility and suburban tranquility.

Living in Ashburton offers a blend of convenience and community-focused lifestyle, marked by its array of local services and recreational opportunities. Residents enjoy the benefit of being close to Ashburton Village, a hub of local businesses including cafés, boutiques, and essential services, contributing to a vibrant yet relaxed community atmosphere. The suburb is also known for its green spaces, like the popular Ashburton Park and Gardiners Creek, which provide ample opportunities for outdoor activities, attracting families and nature enthusiasts. With numerous well-regarded schools in the vicinity and efficient public transport options, including the Alamein railway line and several bus routes, living in Ashburton presents a well-rounded environment that supports both a fulfilling lifestyle and the practical needs of its residents.

Ashburton Real Estate Market Outlook

Thinking about buying in Ashburton? Now could not be a better time, with 3999 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,282,000 with prices in this suburb ranging from $666,000 to $6,886,000. Ashburton is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Ashburton driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Ashburton ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Ashburton provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Ashburton necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Ashburton we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Ashburton a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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