All About Ashbury, Canterbury-Bankstown, NSW, 2193

Ashbury, located in the Canterbury-Bankstown area of New South Wales, presents a unique blend of suburban charm and city convenience, making it a desirable locale within Sydney's property market. Recent trends indicate a stable real estate market in Ashbury, characterized by a mix of art deco and Federation-era homes that appeal to both families and investors. Property prices have experienced moderate appreciation, reflecting the area's appeal and continuing demand. The suburb's relatively low density compared to neighboring areas provides an appealing option for those seeking a more spacious and quieter environment without sacrificing access to Sydney’s urban amenities. Proximity to major transport routes and the Sydney CBD ensures that Ashbury continues to attract interest from buyers who prioritize convenience and lifestyle balance.

Living in Ashbury offers a peaceful lifestyle with all the essentials close at hand. The suburb is renowned for its leafy streets and an abundance of green spaces, including Ashbury Park and Canterbury Park, which serve as perfect venues for family outings, sports, and community events. The sense of community is one of the suburb's strongest assets, with residents enjoying a friendly neighborhood atmosphere. Ashbury is also well serviced by local amenities, including schools, cafes, and shops, making daily life convenient and enjoyable. The cultural diversity of the Canterbury-Bankstown area lends a rich tapestry to local dining and lifestyle options, with various cuisines and cultural experiences readily accessible. This makes Ashbury not only an attractive place to buy a home but also a vibrant community to become part of.

Ashbury Real Estate Market Outlook

Thinking about buying in Ashbury? Now could not be a better time, with 1316 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,380,000 with prices in this suburb ranging from $988,000 to $26,893,000. Ashbury is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Ashbury due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Ashbury provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Ashbury to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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General Points of Interest

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