If you compare the increase in value of investment property in Ascot, 4007 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -17.00%.
A -5.14% growth in median value for property investors in Ascot,4007 puts this suburb at number 830th in terms of best performing suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Ascot itself are offering an average vendor discount of -7.15% to real estate investors.
At number 2784 in a list of fastest selling suburbs, Ascot is in the bottom 30% of suburbs in Australia with an average of days on market 98.9286 for properties listed there.
Advertised rents are around the $850 mark per week – giving a return of 3.33% based on the median price in Suburb
QLD has seen average median house prices change by -0.57% which means that Ascot, 4007 has not done well for property investors by showing a capital gain of -13.54% over the last year
Across a shorter period, Ascot, 4007 has seen a median price increase of -4.93% over the last quarter.
The most recent median price for Ascot is $415000, with sellers offering an average of -6.10% off the asking price.
Often selling an investment property can take time, and in Ascot the average time real estate has been on the market is 87.0244 days.