AREA REPORTS

Ascot Vale

VIC/
Ascot vale

Suburb Profile

Ascot Vale - FREE 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 $1,125,000.

The upward trend in home prices in ASCOT VALE, 3032 averaged 10.83% per annum over a 3-year period.

Average weekly rents on listings have reached the $580 mark, reflecting a 2.68% increase in returns based on the current median price in ASCOT VALE.

An average of 13.25 real estate transactions take place per month in ASCOT VALE which translates to 159 per annum.

159 properties were sold in ASCOT VALE in 2016, making it the 552nd most active market in VIC based on total real estate transactions.

ASCOT VALE, 3032 places 479th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,125,000 $527,750
GROWTH REPORT
Median Quarterly -0.88% -0.89%
Median 12 month -0.88% 6.51%
Median 3 years 32.5% 2.28%
Median 5 years 58.44% 15.48%
10 years average annual 5.95% 3.3%
Weekly media advert. rent $580 $395
Time on Market 44.0 days 72.7 days
Gross Rental Yield Percent 2.68% 3.89%
demographics (median values)
Total Population
12395
Weekly Household Income
1064
Household Size
2.30
demographics
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