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Ashfield

NSW 2131LGA: Inner West Council

Investment Score

78

/100

AI Intelligence Summary

Ashfield is a vibrant, multicultural inner-west suburb located 9km from Sydney CBD, renowned as a major hub for Sydney's Asian community. With a population of 8,500 and median age of 34, it attracts young professionals and families drawn to its excellent transport connectivity via Ashfield Station on the T1 Western Line. The suburb is characterized by high-density living with 68% apartments, reflecting urban consolidation trends. Liverpool Road serves as the cultural heart, featuring diverse Asian cuisine and shopping at Ashfield Mall. Strong property market fundamentals are evident with median house prices at $1.45M and units at $750K, supported by low 1.8% vacancy rates and solid rental yields. The area benefits from major infrastructure improvements including WestConnex completion and future Sydney Metro West connections. Educational facilities are well-regarded with a 7/10 schools rating, while the community enjoys excellent walkability (78/100) and transport access (9/10). Investment appeal remains strong with a 78/100 investment score, driven by consistent capital growth, steady rental demand, and ongoing urban renewal initiatives that continue to enhance the suburb's amenity and connectivity.

Strengths

  • Excellent transport connectivity with direct CBD rail access and future Sydney Metro West
  • Strong multicultural community creating vibrant dining and shopping precincts
  • Solid property fundamentals with low vacancy rates and consistent capital growth
  • High walkability and urban amenity with parks, cafes and community facilities

Opportunities

  • Sydney Metro West completion will significantly boost connectivity and property values
  • Continued urban renewal and medium-density development near transport hubs
  • Growing Asian population driving demand for culturally-specific businesses and services
  • Inner West Council cycling infrastructure improvements enhancing sustainability appeal

Considerations

  • High property prices limiting affordability for first-time buyers
  • Traffic congestion on Liverpool Road and surrounding arterials during peak times
  • Limited parking availability due to high-density development
  • Noise from main roads and railway line affecting some residential areas

Property Market

Median House

$1.45M

+7.2% 1yr

Median Unit

$750K

+6.8% 1yr

Median Townhouse

$1.15M

Rent (House)

$900/wk

Rent (Unit)

$550/wk

Days on Market

32

Vacancy Rate

1.8%

Auction Clearance

72.0%

Price Growth

Type1 Year3 Year5 Year
House+7.2%+18.5%+32.8%
Unit+6.8%+16.2%+28.4%

Rental Yields

House Yield

3.2%

Unit Yield

4.8%

Townhouse Yield

3.6%

Investment Scorecard

Overall Investment Score78/100
Growth Potential75/100
Cashflow Score72/100
Risk Score (lower = safer)72/100
Affordability Index68/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Ashfield at median house price

Standard transfer
$62,140
First Home Buyer
$62,140
Foreign buyer surcharge
$116,000

+8% surcharge

Annual rent income
$46,800

$900/wk

Interest (80% LVR @ 6.5%)
-$75,400
Other expenses (~2.5%)
-$36,250
Net rental position
-$64,850

Negatively geared

Tax benefit (39% MTR)
+$25,292

Reduces taxable income

After-tax holding cost
$39,559/yr

~$761/week

Based on 6.6% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$1.99M
Capital gain
$472,838
After discount
$236,419
CGT payable
$92,203

10-Year Hold

Est. value
$2.74M
Capital gain
$1.22M
After discount
$608,916
CGT payable
$237,477

Investor Quick Summary

Entry cost (stamp duty)

$62,140

After-tax yield

1.95%

Weekly holding cost

$761/wk

10yr CGT (est.)

$237,477

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

8,500

Median Age

34

Median Income

$78K

per annum

Family Households

58.0%

Professionals

48.0%

University Educated

42.0%

Unemployment

4.2%

Born Overseas

52.0%

Dwelling Mix

Houses: 25%Units: 68%Townhouses: 7%Total: 3,800

Lifestyle & Community

Walkability78/100
Public Transport9/10
Schools Rating7/10
Safety7/10
Family Friendly8/10
Cafes & Restaurants

85

Parks

6

Hospitals

2

Distance to CBD

9.0 km

Nearest Station: Ashfield Station

Urban lifestyle with excellent dining, convenient shopping at Ashfield Mall, good public transport, and access to parks and recreational facilities for families and young professionals.

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Data sourced from multiple sources. Last updated 26 March 2026.

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