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Ascot Park
AREA REPORTS

Ascot Park

Ascot Park - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5043

house
unit

Property investments in ASCOT PARK fare well against the rest of the country last year, registering a median home price increase of 2.23%.

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 PARK, 5043 saw average growth in the long term.

Real estate investors could earn a rental income of $400 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 54.5 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 $457,500.

ASCOT PARK ranks 155th on the list of best yielding suburbs for rental properties in SA, posting a 4.55% return.

Data report can be found below

Ascot Park
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $457,500 $340,000
GROWTH REPORT
Median Quarterly 3.57% 7.26%
Median 12 month 2.23% 6.25%
Median 3 years 0.05% 7.09%
Median 5 years 14.09% 8.37%
10 years average annual 1.37% 0.77%
Weekly media advert. rent $400 $310
Time on Market 54.5 days 47.6 days
Gross Rental Yield Percent 4.55% 4.74%
demographics (median values)*
Total Population
18780
Weekly Household Income
1016
Household Size
2.20
Age
39
Monthly Loan Repayment
1600
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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