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Ascot

POSTAL CODE: QLD, 4007
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Property investments in ASCOT fare well against the rest of the country last year, registering a median home price increase of 15.25%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains ASCOT, 4007 saw average growth in the long term.

Real estate investors could earn a rental income of $800 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 67.9 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $2,607,500.

ASCOT ranks 747th on the list of best yielding suburbs for rental properties in QLD, posting a 1.6% return.

Surburb overview

Ascot, Queensland 4007, is a prestigious inner-northeastern suburb of Brisbane, approximately 6.5 kilometres from the central business district (CBD). Known for its leafy streets and heritage-listed properties, the suburb is characterised by large Queenslander homes, modern apartments, and an intense community atmosphere. As of the 2021 census, Ascot had a population of 6,531 residents, with a median age of 39 years, slightly above the national average. The predominant demographic consists of professionals and families, with many residents having high household incomes, often ranging between $130,000 and $182,000 annually.

The median rent in Ascot is $1,120 per week for houses and $560 per week for units, making it one of Brisbane’s more affluent rental markets. Rental yields are relatively modest, at 2.26% for houses and 4.58% for units. Property values have consistently grown over recent years, and the suburb is well-regarded for its stable housing market and investment potential.

Ascot is renowned for its heritage sites, such as the Eagle Farm Racecourse and historic homes like Musket Villa and Windermere House. The suburb has excellent public transportation options, including Ascot and Doomben train stations, which provide convenient access to Brisbane’s CBD and surrounding areas. The area is also well-served by buses, making commuting easy for residents.

Educational facilities in Ascot include the government-run Ascot State School and the private St Margaret’s Anglican Girls School, both of which offer quality education options. With its historical charm, modern amenities, and proximity to critical locations, Ascot is a desirable suburb for families and professionals seeking an upscale urban lifestyle.

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