Suburb Profile Report for Ascot QLD (4007)

Ascot House: Median price $1,540,000, Annual capital growth 5.87%, Number of sales 91, Weekly median advertised rent $850

Ascot Unit: Median price $445,000, Annual capital growth 3.66%, Number of sales 90, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Ascot, 4007 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.22%

Taking the average capital gain, or increase in median house value, Ascot,4007 has racked up an average of 22.22% over the period. This ranks it number 2185th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Ascot is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 147th in terms of most discounted suburbs in QLD

With the median price for a house in Ascot being $1540000 and the advertised rent reaching $850 the gross rental yield for property investors calculates out to be 2.87%

At number 1083th in the list of Australian suburbs ordered by increase in median house value over the last year, Ascot, 4007 is in the BOTTOM 40% with a property value increase of 0.68% recorded in median house prices.

If we look at median property appreciation over just the last three months, Ascot has given property investors a paper return of 1.02%. This puts Suburb as 120 on a list of fastest fasting appreciating suburbs in QLD

Property investors looking for a bargain in Ascot should be aiming for at least -6.78% off the asking price, which is the average vendor discount being achieved at the moment.

Metrics i HOUSE UNIT
$1,540,000 $445,000
2.67% 1.02%
22.22% 0.68%
5.87% 3.66%
$850 $380
91 90
2.87% 4.44%
77.65 101.57

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 5730
Median household income ($/weekly) 1697
Median age of persons 37
Median housing loan repayment ($/monthly) 2400
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 698 12.2
    25-34 years 901 15.7
    35-44 years 855 14.9
    45-54 years 839 14.6
    55-64 years 654 11.4
    Others 1784 31.1
    Age Group
    Census Count Percent(%)
    Not Married 2070 48.2
    Registered Married 1743 40.6
    Defacto Relationship 478 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4182 77.0
    Indonesia 86 1.6
    Papua New Guinea 214 3.9
    United Kingdom 279 5.1
    Other 181 3.3
    Others 491 9.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 90 1.7
    Christianity 3906 73.9
    Hinduism 35 0.7
    Other Religious Groups 64 1.2
    No Religion 1151 21.8
    Others 37 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 179 8.4
    $1,500-$1,999 239 11.3
    $2,000-$2,499 184 8.7
    $2,500-$2,999 280 13.2
    $4,000 or more 210 9.9
    Others 1030 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2158 47.6
    Not in the labour force 1242 27.4
    Employed, worked part-time 833 18.4
    Unemployed, looking for work 151 3.3
    Employed, away from work 146 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 522 16.6
    Professionals 1017 32.4
    Technicians & trades workers 262 8.4
    Clerical & administrative workers 531 16.9
    Sales 254 8.1
    Others 550 17.5
    Occupation
    Census Count Percent(%)
    Pre-school 67 4.6
    Infants/Primary 427 29.1
    Secondary 429 29.2
    Technical or Further Educational Institution 91 6.2
    University or other Tertiary Institutions 412 28.1
    Others 41 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3022 57.3
    Flat, unit or apartment 1650 31.3
    Semi-detached, row or terrace house, townhouse 595 11.3
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 993 43.4
    Being purchased 644 28.1
    Fully owned 639 27.9
    Other tenure type 12 0.5
    Tenure Type
Census 2011, ABS
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