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Ascot
AREA REPORTS

Ascot

Ascot - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4007

house
unit

Property investments in ASCOT fare well against the rest of the country last year, registering a median home price increase of 30.87%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, 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 $875 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 84.2 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 $1,891,000.

ASCOT ranks 741st on the list of best yielding suburbs for rental properties in QLD, posting a 2.41% return.

Data report can be found below

Ascot
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,891,000 $507,250
GROWTH REPORT
Median Quarterly 12.56% 7.93%
Median 12 month 30.87% 11.48%
Median 3 years 21.22% 5.68%
Median 5 years 50.08% 13.99%
10 years average annual 7.26% 2.31%
Weekly media advert. rent $875 $415
Time on Market 84.2 days 58.9 days
Gross Rental Yield Percent 2.41% 4.25%
demographics (median values)*
Total Population
5324
Weekly Household Income
1289
Household Size
2.20
Age
37
Monthly Loan Repayment
1800
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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