Suburb Profile Report for Ascot QLD (4007)

Ascot House: Median price $1,362,500, Annual capital growth 5.89%, Number of sales 93, Weekly median advertised rent $773

Ascot Unit: Median price $445,000, Annual capital growth 5.05%, Number of sales 78, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 5.23% for the last year, Ascot, 4007 is the 1885th highest performer in Australia in this respect.

Comparing Ascot,4007 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Ascot is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 203th in terms of most discounted suburbs in QLD

At number 1662 in a list of fastest selling suburbs, Ascot is just in the top half of suburbs in Australia with an average of days on market 75.48 for properties listed there.

With the median price for a house in Ascot being $1362500 and the advertised rent reaching $772.5 the gross rental yield for property investors calculates out to be 2.95%

Giving property investors a an average capital gain of 4.58% for the last year, Ascot, 4007 is the 726th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ascot has increased when compared to the 5 year average annual rate.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Ascot itself are offering an average vendor discount of -5.90% to real estate investors.

In the last year 78 properties changed hands in Ascot, which puts it as the 124th most active market in QLD when comparing the number of sales per suburb.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.44%, without taking into account capital value appreciation, which has been averaging out at 5.05%.

HOUSE UNIT
$1,362,500 $445,000
8.13% 0.00%
5.23% 4.58%
5.89% 5.05%
$773 $380
93 78
2.95% 4.44%
75.48 95.16

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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