Suburb Profile Report for Ascot Park SA (5043)

Ascot Park House: Median price $434,250, Annual capital growth 1.72%, Number of sales 51, Weekly median advertised rent $390

Ascot Park Unit: Median price $318,000, Annual capital growth 1.05%, Number of sales 25, Weekly median advertised rent $302

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 1541th in the list of Australian suburbs ordered by increase in median house value over the last year, Ascot Park, 5043 is in the top 40% with a property value increase of 0.99% recorded in median house prices.

The five-year average increase in median property values for Ascot Park,5043 has given property investors a potential capital gain of 8.56% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Ascot Park is offering property investors an average of -6.73. This rate of discount on properties puts Suburb at number 268th in terms of most discounted suburbs in SA

In the last year 51 properties changed hands in Ascot Park, which puts it as the 162th most active market in SA when comparing the number of sales per suburb.

Advertised rents are around the $390 mark per week – giving a return of 4.67% based on the median price in Suburb

Ascot Park has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of -0.62% to date .

Across a shorter period, Ascot Park, 5043 has seen a median price increase of -2.90% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Ascot Park is offering property investors an average of -6.88. This rate of discount on properties puts Suburb at number 34th in terms of most discounted suburbs in SA

Metrics i HOUSE UNIT
$434,250 $318,000
-1.75% -2.90%
0.99% -0.62%
1.72% 1.05%
$390 $302
51 25
4.67% 4.93%
46.6363636363636 66.4347826086957

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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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