Suburb Profile Report for Ascot Park SA (5043)

Ascot Park House: Median price $420,000, Annual capital growth 5.13%, Number of sales 40, Weekly median advertised rent $364

Ascot Park Unit: Median price $336,500, Annual capital growth 4.77%, Number of sales 64, Weekly median advertised rent $323

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Ascot Park, 5043 have given investors a capital gain of 4.74%. This compares averagely with the 3.22% for SA as a whole.

The five-year average increase in median property values for Ascot Park,5043 has given property investors a potential capital gain of 9.09% across each of those five years.

Property investors looking for a bargain in Ascot Park should be aiming for at least -5.23% off the asking price, which is the average vendor discount being achieved at the moment.

The SA suburb of Ascot Park, 5043 is in the Marion local government area.

Ascot Park is in the bottom 30% in SA when comparing median price capital growth over the last year. Ascot Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.90%.

While Ascot Park,5043 ranked number 95th in SA for increase in median house value (annualised) increase, it is ranked 135th over the last 5 years.

The most recent median price for Ascot Park is $336500, with sellers offering an average of -5.86% off the asking price.

Using the current median advertised rental of $322.5 and the average annual increase in value of a median property of 4.77%, investors should hope to achieve an overall return of 4.98%

HOUSE UNIT
$420,000 $336,500
0.00% 0.45%
4.74% -1.90%
5.13% 4.77%
$364 $323
40 64
4.51% 4.98%
51.32 85.18

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2996
Median household income ($/weekly) 897
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 2
  • Census Count Percent(%)
    20-24 years 284 9.5
    25-34 years 634 21.2
    35-44 years 375 12.5
    45-54 years 354 11.8
    55-64 years 306 10.2
    Others 1042 34.8
    Age Group
    Census Count Percent(%)
    Not Married 1314 53.0
    Registered Married 916 36.9
    Defacto Relationship 251 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1981 68.7
    Croatia 102 3.5
    Indonesia 113 3.9
    United Kingdom 131 4.5
    Other 197 6.8
    Others 360 12.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 72 2.6
    Christianity 1605 58.4
    Hinduism 87 3.2
    Islam 114 4.1
    No Religion 812 29.5
    Others 60 2.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 163 12.1
    $400-$599 172 12.8
    $600-$799 152 11.3
    $1,000-$1,249 145 10.8
    $1,500-$1,999 142 10.5
    Others 572 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 938 37.0
    Not in the labour force 903 35.6
    Employed, worked part-time 505 19.9
    Unemployed, looking for work 110 4.3
    Employed, away from work 80 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 346 22.7
    Technicians & trades workers 198 13.0
    Community & personal service workers 187 12.3
    Clerical & administrative workers 282 18.5
    Sales 151 9.9
    Others 359 23.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 142 21.3
    Secondary 119 17.9
    Technical or Further Educational Institution 93 14.0
    University or other Tertiary Institutions 232 34.8
    Other type of educational institution 43 6.5
    Others 37 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1569 54.2
    Semi-detached, row or terrace house, townhouse 796 27.5
    Flat, unit or apartment 531 18.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 597 42.7
    Being purchased 427 30.5
    Fully owned 366 26.2
    Other tenure type 9 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals