Suburb Profile Report for Ascot QLD (4007)

Ascot House: Median price $1,328,000, Annual capital growth 5.48%, Number of sales 69, Weekly median advertised rent $850

Ascot Unit: Median price $415,000, Annual capital growth 1.17%, Number of sales 57, Weekly median advertised rent $400

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$1,328,000 $415,000
-6.81% -4.93%
-17.00% -13.54%
5.48% 1.17%
$850 $400
69 57
3.33% 5.01%
98.9285714285714 87.0243902439025

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (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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