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%.