Ashmore Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q2 2025, Ashmore* recorded a median house price of $1,160,000 and a median unit price of $750,000. This is an annual (Q2 2024 - Q2 2025) price growth of 6.3% for houses and a surge of 31.6% for units. Comparing Q2 2024 and Q2 2025, house sales declined by -17.4% (to 57 sales in Q2 2025) and unit sales increased by 2.0% (to 52 sales in Q2 2025). There is an undersupplied house market and a highly-demanded unit market. Unit price growth is higher than house price growth, as house buyers pivoted to units – due to a lower price point and no houses available. Now is an ideal time for owners to capitalise on their investments. With very little new housing stock planned, buyers must act fast.
CHANGE FROM LAST
YEAR
Ashmore£ plans to see approximately $1.1B of new projects commencing construction in 2025. Residential $61.7M
HALF YEAR
Infrastructure
HOUSE SALE S
$442.2M Mixed-Use
HOUSE ME DIAN PRICE
$618.5M
HOUSE RE NTAL PRICE
UNIT SALE S
Ashmore and its surrounding areas plans to see approx. 343 units and 34 townhouses commence construction in 2025. Of these, none are specifically located in the suburb of Ashmore.
UNIT ME DIAN PRICE UNIT RE NTAL PRICE
The nearest residential projects are in Southport, examples include:
$ MARKET CONDITIONS MEDIAN PRICE Q2 2025
$1.1M
$750K
MEDIAN PRICE Q2 2025
$900
SALES
AVERAGE DAYS ON MARKET Q2 2025
24
47
HOUSE
U N I T
RENTALS
$650
AVERAGE DAYS ON MARKET Q2 2025
21
21
HOUSE
U N I T
•
14-22 Meron Street Units (69 Units)
•
86 Pohlman Street (9 townhouses)
•
48 Blake Street (5 Townhouses)
•
4 Drury Avenue (6 Townhouses)
Specifically in Ashmore a key project planned is 10 Dominions Road Self Storage Facility Additions and 361 Ashmore Rd Medical Centre; as well as two other commercial projects. This will contribute to more business and jobs created in Ashmore. Although several residential projects are planned, they do not add houses; and are outside of Ashmore. This will exacerbate the undersupply of houses in Ashmore itself, driving up prices.
343 Units/ Apartments
34 Townhouses