AREA REPORTS

Ascot

 

 

VIC/
Ascot

Suburb Profile

Ascot - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3551

house

ASCOT, 3551 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling ASCOT, 3551 values up and netting property investors a capital gain of 17.53% for the past year.

Investors saw the median home price rise to $402,525.

Profits due to an upward trend in home prices in the suburb averaged 5.81% per annum over a 3-year period.

ASCOT now ranks at the 31st place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in ASCOT are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $340 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ASCOT, homes and units usually stay on listing for an average of 95.0 days.

In 2016, 32 properties were sold in ASCOT during the past year, making it the 307th most active market in VIC based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $402,525 N/A
GROWTH REPORT
Median Quarterly 8.28% N/A
Median 12 month 17.53% N/A
Median 3 years 17.44% N/A
Median 5 years 15.34% N/A
10 years average annual 3.84% N/A
Weekly media advert. rent $340 N/A
Time on Market 95.0 days N/A
Gross Rental Yield Percent 4.39% N/A
demographics (median values)
Total Population
1055
Weekly Household Income
1168
Household Size
3.00
demographics
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