Suburb Profile Report for Ascot VIC (3551)

Ascot House: Median price $388,000, Annual capital growth 3.57%, Number of sales 34, Weekly median advertised rent $355

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

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

  • House Report

Over the last year, property investments in Ascot, 3551 have given investors a capital gain of 2.11%. This compares averagely with the 2.87% for VIC as a whole.

A 10.86% growth in median value for property investors in Ascot,3551 puts this suburb at number 656th in terms of best performing suburbs in VIC

Vendor discounting in Ascot is giving property investors an average Vendor Discount of around -2.99%. This puts suburb at number 534th in VIC when ranking the most discounted suburbs.

Using the current median advertised rental of $355 and the average annual increase in value of a median property of 3.57%, investors should hope to achieve an overall return of 4.76%

Metrics i HOUSE UNIT
$388,000 N/A
-1.90% N/A
2.11% N/A
3.57% N/A
$355 N/A
34 N/A
4.76% N/A
69.9714285714286 N/A

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

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 1342
Median household income ($/weekly) 1492
Median age of persons 37
Median housing loan repayment ($/monthly) 1500
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 174 13.0
    25-34 years 180 13.4
    35-44 years 172 12.8
    45-54 years 231 17.2
    55-64 years 164 12.2
    Others 422 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 583 58.5
    Not Married 301 30.2
    Defacto Relationship 112 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1216 95.2
    Greece 7 0.5
    Papua New Guinea 9 0.7
    United Kingdom 23 1.8
    Other 6 0.5
    Others 16 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 890 72.4
    No Religion 329 26.8
    Hinduism 4 0.3
    Buddhism 3 0.2
    Other Religious Groups 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 39 9.4
    $1,000-$1,249 42 10.1
    $1,500-$1,999 70 16.9
    $2,000-$2,499 62 14.9
    $2,500-$2,999 43 10.4
    Others 159 38.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 461 44.5
    Not in the labour force 287 27.7
    Employed, worked part-time 223 21.5
    Employed, away from work 38 3.7
    Unemployed, looking for work 28 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 91 12.6
    Professionals 154 21.3
    Technicians & trades workers 106 14.6
    Clerical & administrative workers 127 17.5
    Sales 74 10.2
    Others 172 23.8
    Occupation
    Census Count Percent(%)
    Pre-school 17 5.4
    Infants/Primary 112 35.4
    Secondary 111 35.1
    Technical or Further Educational Institution 33 10.4
    University or other Tertiary Institutions 37 11.7
    Others 6 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1264 98.8
    Semi-detached, row or terrace house, townhouse 16 1.3
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 238 51.6
    Fully owned 165 35.8
    Rented 55 11.9
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
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