Ascot Park

POSTAL CODE: SA, 5043
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Property investments in ASCOT PARK fare well against the rest of the country last year, registering a median home price increase of 8.27%.

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 PARK, 5043 saw average growth in the long term.

Real estate investors could earn a rental income of $650 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 37.2 days.

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

Property investors perceived the median home price rise to $890,000.

ASCOT PARK ranks 139th on the list of best yielding suburbs for rental properties in SA, posting a 3.8% return.

Surburb overview

Ascot Park, located approximately 8 kilometres southwest of Adelaide's central business district, is a well-established suburb in South Australia. It falls within the City of Marion, a local government area known for its mix of residential, commercial, and recreational spaces. The suburb has a population of around 3,200 residents, with a demographic that includes families, young professionals, and retirees, reflecting a diverse and vibrant community.

Public transportation in Ascot Park is highly convenient, with the Ascot Park railway station providing regular train services to Adelaide’s CBD and other key areas. Additionally, Adelaide Metro buses service the suburb, offering further connectivity to surrounding suburbs and major shopping centres. The suburb is also well-connected by major roads, including Marion Road and South Road, making it easy for residents to commute by car.

Ascot Park is home to a variety of amenities, including local shops, cafes, and essential services that cater to the daily needs of residents. The nearby Park Holme Shopping Centre and Westfield Marion provide more extensive retail, dining, and entertainment options. The suburb is also close to several reputable schools, such as Ascot Park Primary School and Hamilton Secondary College, making it an attractive location for families with children.

Recreational activities in Ascot Park are centred around its parks and community facilities. The suburb features several green spaces, including the popular Ascot Park Reserve, which offers playgrounds, sports fields, and open areas for outdoor activities. The nearby Marion Outdoor Pool and the Marion Leisure & Fitness Centre provide additional options for fitness and recreation, catering to the active lifestyle of the local community.

Ascot Park’s proximity to both the city and the coast makes it a desirable suburb for those seeking a balance between urban convenience and suburban tranquility. The suburb’s mix of housing styles, from older homes to newer developments, reflects its ongoing growth and appeal to a wide range of residents. With its strong community focus, excellent transportation links, and access to a variety of amenities, Ascot Park continues to be a sought-after location in Adelaide’s southern suburbs.

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