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Ascot

POSTAL CODE: WA, 6104
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ASCOT, 6104 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in WA have risen as a whole, pulling ASCOT, 6104 values up and netting property investors a capital gain of 3% for the past year.

Investors saw the median home price rise to $1,030,000.

Profits due to an upward trend in home prices in the suburb averaged 6.13% per annum over a 3-year period.

ASCOT now ranks at the 394th 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 low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $780 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 46.9 days.

In 2016, 53 properties were sold in ASCOT during the past year, making it the 136th most active market in WA based on total real estate transactions.

Surburb overview

Ascot, located approximately 10 kilometres east of Perth's central business district, is a picturesque suburb nestled along the southern bank of the Swan River. Established in 1991, Ascot is part of the City of Belmont and is renowned for its scenic riverfront and the prominent Ascot Racecourse. 

As of the 2021 Census, Ascot has a population of 3,095, with a median age of 46. The community comprises a mix of families, professionals, and retirees, contributing to a diverse and vibrant atmosphere. 

Ascot is well-served by public transportation, with several bus routes providing access to Perth's CBD and surrounding areas. The suburb's proximity to major roads, such as the Great Eastern Highway, enhances connectivity for residents.

Ascot is home to the Ascot Racecourse, a major horse racing track that draws crowds for various events. The suburb also features several parks, including Garvey Park and Adachi Park, offering residents ample recreational spaces. The Swan River provides opportunities for water-based activities, adding to the suburb's appeal. 

As of December 2024, the median house price in Ascot is approximately $1,070,000, with a median weekly rent of $905. The suburb has experienced growth in property values, reflecting its desirability among buyers and investors. 

Ascot offers a tranquil lifestyle with access to urban conveniences and natural beauty. Its riverfront location, recreational facilities, and proximity to the CBD make it attractive to a diverse range of residents.

Ascot provides a harmonious blend of residential comfort, recreational opportunities, and easy access to Perth's central areas, appealing to families, professionals, and retirees alike. 

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