Suburb report · WA 6065

Ashby

Prepared by the property strategists at Chase Wealth Australia

Report generated on 3 July 2026

Compare with

6.1/10

Investment Score

Moderate Growth

4.7 Growth (35%)7.7 Yield (29%)7.2 Affordability (18%)5.3 Consistency (18%)

Ashby offers a balanced profile within the Western Australia market, with houses at $780k and units at $445k. Strong annual growth of 12.2% reflects sustained demand against very tight rental supply.

Median House Price

$780,000

+12.2% p.a.

Median Unit Price

$445,000

+8.8% p.a.

Gross Rental Yield

5.8%

Population

22,279

Median Price History

Houses Units

Location

Rental Market

Median Weekly Rent (House)$875/wk
Median Weekly Rent (Unit)$580/wk
Gross Yield (House)5.8%
Gross Yield (Unit)6.8%
Vacancy Rate0.7%

Demographics

Population22,279
Median Age33
Owner Occupied56.2%
Renting43.8%
Median Household Income$122,400

Market Insights & Analysis

Strong Growth

Key Price Drivers

  • Family-driven demand for established housing stock in the middle price band
  • Vacancy at 0.7% signalling acute rental undersupply and upward pressure on rents
  • Gross yields around 5.8% supporting cash-flow-positive strategies at current lending rates
  • Constrained new-supply pipeline limiting stock relative to population demand

Recent Developments

  • New transport and services investment improving connectivity to employment hubs
  • Post-pandemic demand normalisation with sustained interest from interstate buyers
  • Local planning changes opening selective medium-density opportunities

Outlook

The suburb is running well ahead of long-term trend. Growth of this pace typically moderates as affordability ceilings approach, though acute rental undersupply suggests demand should remain firm through the medium term.

Strengths & Risks

Strengths

  • + Balanced market profile appealing to both investors and owner-occupiers
  • + House price momentum of 12.2% p.a. with compounding upside if sustained
  • + Gross rental yield of 5.8% supporting serviceability and cash flow
  • + Very tight vacancy (0.7%) indicating robust tenant demand

Risks

  • Economic sensitivity affecting discretionary spending and rental demand during downturns
  • Regulatory and lending changes affecting investor appetite and property management costs

Investment Consideration

A balanced proposition with strong growth momentum and reliable rental demand, suited to investors with substantial capital seeking long-term appreciation in an established market.

Price Growth Summary

Annual3yr est.5yr est.
Houses+12.2%+41.2%+77.8%
Units+8.8%+28.8%+52.5%

Growth Projection Calculator

See what your investment could be worth if current growth trends continue.

TimeframeProjected valueCapital gain
5 years$1,256,198+$476,198
10 years$2,023,119+$1,243,119
15 years$3,258,254+$2,478,254
20 years$5,247,450+$4,467,450

Projections use a compounding growth rate capped at 10% p.a. Defaults are pre-filled from this suburb's modelled house data (12.2% p.a.). Past performance does not guarantee future results. Figures are illustrative only.

Similar Suburbs

$100M+

in property acquired for clients

1,000+

properties sourced and settled

400+

clients guided the whole way

98%

client retention rate

Speak with a Property Expert

Book a strategy session. We'll review your position and map your next move.

What best describes you?

This report is modelled market intelligence prepared by Chase Wealth Australia for general information only. Figures are statistical estimates for the suburb, not valuations of any individual property, and do not constitute financial or credit advice. Consider your circumstances and seek professional advice before acting. Estimates are modelled from suburb-level indicators including price tiers, rental conditions and demographic profiles.