Ashwood at a glance
Median house
$1,570,000
Median unit
$1,030,000
Walk score
50
Somewhat walkable
Population
7,154
Median age 39
The brief
What to know about Ashwood.
The postcode for Ashwood is 3147 (VIC), part of Greater Melbourne.
The median house price in Ashwood is $1,570,000.
Ashwood (3147) sits in the Stonnington region of Victoria. The median house here is $1,570,000, well above the Victoria median of around $850K.
Ashwood has roughly 7,154 residents, with a typical family-age mix. Households are mostly owner-occupied. The area is somewhat walkable for a typical errand run, but a car still helps for grocery runs and weekend trips.
Side by side
Compare Ashwood with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Ashwood scores 50/100 on walkability, which makes it somewhat walkable with limited public transport. A short drive opens up most amenities; a car-light household is workable but not optimal.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 9 government primary, 2 government secondary, 5 Catholic, 3 independent.
Who lives here
Demographics.
The 2021 Census put Ashwood's population at 7,154, with a median age of 39. That sits as a typical family-age mix. Households are mostly owner-occupied (60% own, 37% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (68% family households, 28% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
7,154
Median age
39
Family households
68%
Lone person
28%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $1,570,000 on a typical sale, well above the Victoria median. Units come in around $1,030,000, roughly 34% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $314,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$1,570,000
+0.0% over the past year. Median unit price $1,030,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$410/wk
Weekly rent (unit)
$391/wk
Owner occupied
60%
Renter occupied
37%
At a deeper level
$1,570,000
$1,030,000
7,154
Median age: 39
Free appraisal
What’s your home worth in Ashwood?
A local agent who actually sells in Ashwood will give you an honest number, backed by recent comparable sales. Free, no commitment to list.
Free guide · 2026 edition
Thinking of selling in Ashwood?
The complete guide to selling: what it costs, how agents price your home, and a 12-week plan to settlement. Personalised to Ashwood, free, in 60 seconds.
Free guide · 2026 edition
Thinking of buying in Ashwood?
What you can actually spend, the 2026 first home buyer schemes for your state, and how not to overpay. A free buying guide, in about 60 seconds.
Get property alerts for Ashwood
Be the first to know when new listings hit the market.
For investors
Investment overview.
Gross rental yield on houses sits at 1.36% (median rent $410/wk against a $1,570,000 price tag). Units yield 1.97% gross, often the better cash-flow play for first-time investors. With 37% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20261.36%
Based on $1,570,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20261.97%
Based on $1,030,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202660%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
546
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
50
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Ashwood.
Local schools for Ashwood
View the catchment for each school to find out more.
Government School Catchment
Ashwood High School
Parkhill Primary School
Ashwood School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Ashwood.
- What is the median house price in Ashwood?
- The median house price in Ashwood, VIC 3147 is $1,570,000. The median unit price is $1,030,000.
- What is the Ashwood postcode?
- Ashwood is in the 3147 postcode, in VIC, in the City of Stonnington region.
- Where is Ashwood?
- Ashwood is a suburb of Melbourne, in VIC 3147. It is part of the Greater Melbourne area, in the City of Stonnington region.
- What is the average rent in Ashwood?
- The median weekly rent for houses is $410, for units it's $391.
- What schools are in Ashwood?
- There are 20 schools serving Ashwood on this page, including Ashwood High School, Frank Dando Sports Academy, Parkhill Primary School.
- How walkable is Ashwood?
- Ashwood has a Walk Score of 50 out of 100, somewhat walkable. transit score 0, bike score 100.
- What suburbs are near Ashwood?
- Ashwood is close to Jordanville, Chadstone, Ashburton, Bennettswood, Burwood.
- What is the population of Ashwood?
- The population of Ashwood is approximately 7,154 (2021 Census). The median age is 39.
For Sale
Ashwood
Buying
Selling
Surrounding Suburbs
Side by side
Compare Ashwood vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
Always dated
Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.
No login
No paywall, no sign-up, no download form. The suburb data is the product. We earn from partner brokers and agents on the rare occasion you ask for one.
Thinking about selling in Ashwood?
The complete selling guide, personalised to Ashwood: what it really costs, how agents price homes here, and a 12-week plan to settlement. Free PDF, 60 seconds.
Get the free selling guide