Ashcroft, NSW

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Livability Index
94.1
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Population: 3308

House Growth Prediction (per annual): 22%, 1814th out of 5061

Unit Growth Prediction (per annual): 16%, 1253th out of 2987

Keywords: Cheap House, Young, Born Overseas, Diverse Language, Manufactoring, Unemployed, Large Family

Basics

Ashcroft is a local community with population 3,308, and the population growth over the past decade is 1.78%. It has an average income $42,432.67 per annum. It has 45.2% of population who only speak English at home. Other top languages include Arabic, Vietnamese, Samoan, Hindi, Serbian. Unemployment rate in Ashcroft is 14.3% while people work as professionals is 6.8%. Ashcroft has 2 Coles stores and 1 Woolworth stores. Its population density is 621.45 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Ashcroft has Socio-Economic raw score 763.4 while the average score across Australia is 1000. Therefore, Ashcroft has disadvantage in terms of Socio-Economic measure. It obtains relative score 3 out of 100 across Australia, while relative score 2 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Ashcroft has a livability index 90.4, which is lower than average 100 across Australia. It ranks 6,466th out of 8,530 suburbs across Australia. Therefore, it is a suburb less livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 18.3% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Ashcroft has a higher than average growth expectation. It ranks 6,954th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Ashcroft is predicted to grow by 9.9% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Ashcroft has a higher than average growth. It ranks 3,864th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Ashcroft, which obtains score of 93.9 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Ashcroft, which obtains score of 79.8 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Ashcroft has a worse than average score, which is 27.7 out of 100. Similar to to primary school, secondary school has worse than average score, which is 26.4 out of 100.

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Ashcroft, NSW smart rating was calculated by GeoIndex Australia.

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