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.