Ashfield, NSW

UNDERVALUED

19,508 sales · 36 years of data · NSW, Australia

$920,000
Median (All)
$2,275,000
Median (Houses)
$875,000
Median (Apartments)
1.7%
10yr CAGR
5.4%
36yr CAGR
54.3%
Strata %
36 years of data · 19,508 sales analysed · 2,500+ suburbs · Updated weekly

Ashfield, NSW Property Market Overview

Ashfield, NSW, 2131, is a vibrant suburb located in Sydney's Inner West. With a comprehensive dataset spanning 36 years and encompassing 19,508 recorded sales, AusPropertyInsights.app offers a detailed analysis of the Ashfield property market. The current median property price (all types) in Ashfield sits at $920,000, marking it as an accessible option relative to some of Sydney's more expensive suburbs.

Ashfield presents a diverse property landscape, reflected in the differing median prices for houses ($2,275,000) and apartments ($875,000). This mix caters to a variety of buyers, from families seeking larger homes to individuals and couples preferring apartment living. The suburb's historical performance, as evidenced by its long-term capital growth rates, makes it a subject of interest for both owner-occupiers and investors.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $591,806
Based on the 10-year compound annual growth rate of 1.7%
Mixed housing54% apartments
46% of sales are houses and other non-strata properties
Loading chart...

Property Mix

46%
54%
Houses 46%$2,275,000Apartments 54%$875,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Ashfield

Street Rankings

Top streets in Ashfield, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Park AveHouse12$2,092,500
2Joseph StHouse7$2,560,000
3Yeo AveHouse5$2,250,000
4Queen StHouse10$2,205,000

... and 173 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Liverpool RdApartment88$8,221/m²
2Milton StApartment6$7,800/m²
3Norton StApartment7$9,200/m²
4Cavill AveApartment5$9,068/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Holden StApartment+10.9%
2Robert StHouse+8.6%
3Liverpool RdHouse+12.9%
4Joseph StHouse+7.0%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

179
apartment buildings analysed
#AddressSalesMedian$/m²
124 Cecil St5$2,150,000$35,246/m²
23 Ormond St4$2,072,500$6,998/m²
3333 Liverpool Rd23$1,192,500$8,546/m²
42 Murrell St5$992,000$9,631/m²

... and 175 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

55
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

54%
apartments across 179 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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177 streets and 179 buildings to explore

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3 street rankings
All 177 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
179 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 19,508 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Ashfield at a Glance

Region
Inner West
CBD Distance
9km west of Sydney CBD
Train Station
Ashfield Station (T2 Inner West & Leppington Line)
Council
Inner West Council
Property Character
Established residential with mid-density development
Community
Young families and multicultural community

Ashfield, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Ashfield, NSW

Living in Ashfield offers a blend of urban convenience and community atmosphere. The suburb is well-serviced by public transport, including Ashfield train station on the T2 Inner West & Leppington Line, providing easy access to the Sydney CBD and surrounding areas.

Ashfield boasts a vibrant shopping precinct centred around Liverpool Road, offering a diverse range of retail outlets, restaurants, and cafes. The suburb is also home to several schools, including Ashfield Public School and Ashfield Boys High School, making it an attractive option for families. Parks and recreational spaces, such as Ashfield Park, provide residents with opportunities for outdoor activities and relaxation. Ashfield's multicultural community contributes to its unique character, creating a welcoming and inclusive environment.


Who Buys in Ashfield?

The buyer profile in Ashfield is diverse, reflecting the suburb's mix of housing options and lifestyle amenities. With a significant proportion of apartments (54.3% strata title) and a median apartment price of $875,000, Ashfield attracts first-home buyers and young professionals seeking affordable entry into the Sydney property market. The median house price of $2,275,000 also attracts families looking for larger homes.

The suburb's historical growth rates, as evidenced by its long-term CAGR, may also appeal to investors. However, it's important to note that the 10-year CAGR is comparatively lower, which requires careful consideration. The multicultural atmosphere and convenient location further enhance Ashfield's appeal to a wide range of buyers.

Market Analysis

Currently, the Ashfield property market is assessed to be below its long-term trend. This indicates that, based on historical price movements, Ashfield is in undervalued territory.

This cycle position suggests that property prices in Ashfield may be poised for future growth, potentially making it an opportune time for buyers seeking to enter the market. However, it's important to remember that past performance is not indicative of future results, and various economic factors can influence property values. AusPropertyInsights.app provides the data to analyse these trends.


Is Ashfield a Good Investment?

Ashfield's historical growth patterns suggest a potential for future value appreciation. The suburb's full-period CAGR of 5.4% and 20-year CAGR of 5.0% demonstrate a long-term trend of capital growth. Its current position below its long-term trend potentially represents an opportunity for buyers.

Factors driving property values in Ashfield include its convenient location, transport links, and diverse housing options. The suburb's proximity to the Sydney CBD, coupled with its vibrant community and access to amenities, make it an attractive place to live. These factors contribute to the ongoing demand for property in Ashfield, which supports its long-term growth potential.


Ashfield Market Outlook

As of early 2026, the Ashfield property market is positioned below its long-term trend. Recent price trends indicate a period of potential recovery, although market conditions can change rapidly.

While past performance is not indicative of future results, the current cycle position suggests that property values in Ashfield may be poised for future growth. AusPropertyInsights.app will continue to monitor market data and provide updated analysis.

Streets & Location in Ashfield, NSW

Ashfield, postcode 2131, features a variety of residential streets, with 177 streets contributing to the suburb's character. Notable streets, based on median property prices, include PARK AVE, YEO AVE, and HOLDEN ST. These streets often reflect the diverse architectural styles and property values within the suburb.

Located in Sydney's Inner West, Ashfield benefits from its proximity to the CBD and other major employment hubs. Its convenient location enhances its appeal to a wide range of residents.

Market Dynamics

The Ashfield property market exhibits typical transaction patterns, with an average settlement timeframe of 55 days. This timeframe reflects the standard process for property sales in New South Wales.

Currently, information regarding quick-flip percentages is unavailable. Further analysis of investor activity in Ashfield may provide additional insights into market dynamics.

Development & Density

Ashfield showcases a mix of housing options, including detached houses and apartment buildings. The suburb contains 179 apartment buildings, contributing to a higher density of residents and a greater proportion of strata title properties.

The prevalence of apartments in Ashfield, as indicated by the 54.3% strata percentage, reflects a trend towards higher-density living. This development density caters to a diverse population and offers a range of housing choices.

Growth & Property Mix

Ashfield's property market has demonstrated steady growth over the long term. The suburb boasts a 20-year Compound Annual Growth Rate (CAGR) of 5.0%, and a full-period CAGR of 5.4% across the entire 36-year dataset. Over the most recent 10-year period, the CAGR sits at 1.7%.

With apartments constituting a significant portion of the property landscape (54.3% strata title), Ashfield offers a mix of investment opportunities. The historical growth rates and property mix provide context for understanding the suburb's potential.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Ashfield, NSW

What is the median property price in Ashfield?
As of early 2026, the median property price across all property types in Ashfield is $920,000. For houses, the median price is $2,275,000, while for apartments, it's $875,000.
Is Ashfield overvalued or undervalued?
Based on our analysis, as of early 2026, the Ashfield property market is currently below its long-term trend. This suggests that the suburb is in undervalued territory based on historical price movements.
How has the Ashfield property market performed over 10 years?
Over the past 10 years, the Ashfield property market has experienced a Compound Annual Growth Rate (CAGR) of 1.7%. This figure reflects the average annual growth rate of property values in the suburb over that period.
What percentage of Ashfield is apartments vs houses?
Apartments constitute a significant portion of the property market in Ashfield. Approximately 54.3% of properties in Ashfield are strata title, indicating a high proportion of apartment buildings.
Where is Ashfield in the property cycle?
As of early 2026, Ashfield is currently below its long-term trend. This suggests that the suburb is in undervalued territory based on historical price movements.
What schools are near Ashfield?
Ashfield is home to several schools, including Ashfield Public School and Ashfield Boys High School. There are also other primary and secondary schools in the surrounding areas.
What is Ashfield like to live in?
Ashfield offers a vibrant and multicultural community with a mix of residential and commercial areas. The suburb boasts excellent transport links, a diverse range of shops and restaurants, and several parks and recreational spaces.
Is Ashfield good for families?
Ashfield can be a good option for families, with access to schools, parks, and convenient transport. The availability of both houses and apartments provides options for different family sizes and budgets, though house prices are relatively high.
How far is Ashfield from Sydney CBD?
Ashfield is located approximately 9 kilometres west of the Sydney CBD. The suburb is easily accessible by train, with regular services running from Ashfield Station to the city.
What transport options are in Ashfield?
Ashfield boasts excellent transport options, including Ashfield Station on the T2 Inner West & Leppington Line. Numerous bus routes also service the suburb, and major roads provide access to other parts of Sydney.
How does Ashfield compare to nearby suburbs?
Compared to some of its neighbours, Ashfield offers a mix of affordability and convenience. Median property prices in Ashfield may be lower than in some nearby suburbs, while still providing good access to amenities and transport.
Is Ashfield a good first home buyer suburb?
Ashfield presents a potential option for first home buyers, particularly those seeking apartment living. The median apartment price of $875,000 makes it more accessible than some other Sydney suburbs, but careful consideration of financial commitments is still necessary.
What are the best streets in Ashfield?
Based on median property prices, some of the top streets in Ashfield include PARK AVE, YEO AVE, and HOLDEN ST. These streets often feature desirable homes and convenient locations.
How many properties have been sold in Ashfield?
Over the past 36 years, a total of 19,508 properties have been sold in Ashfield, reflecting a consistent level of market activity.
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