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Ascot Vale
AREA REPORTS

Ascot Vale

Ascot Vale - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3032

house
unit

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

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,320,000.

The upward trend in home prices in ASCOT VALE, 3032 averaged 5.78% per annum over a 3-year period.

Average weekly rents on listings have reached the $580 mark, reflecting a 2.28% increase in returns based on the current median price in ASCOT VALE.

An average of 15.08 real estate transactions take place per month in ASCOT VALE which translates to 181 per annum.

181 properties were sold in ASCOT VALE in 2016, making it the 526th most active market in VIC based on total real estate transactions.

ASCOT VALE, 3032 places 682nd in Australia based on median property value growth during the quarter.

Data report can be found below

Ascot Vale
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,320,000 $703,750
GROWTH REPORT
Median Quarterly 0.38% 4.11%
Median 12 month 2.33% 14.43%
Median 3 years 17.33% 35.01%
Median 5 years 32.66% 42.17%
10 years average annual 6.4% 4.36%
Weekly media advert. rent $580 $370
Time on Market 51.1 days 60.8 days
Gross Rental Yield Percent 2.28% 2.73%
demographics (median values)*
Total Population
29450
Weekly Household Income
1720
Household Size
2.50
Age
33
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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