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AREA REPORTS

Ascot

WA/
Ascot

Suburb Profile

Ascot - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6104

house
unit

ASCOT, 6104 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 $706,000.

Profits due to an downward trend in home prices in the suburb averaged -4.88% per annum over a 3-year period.

ASCOT now ranks at the 4th 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 $430 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 74.4 days.

In 2016, 32 properties were sold in ASCOT during the past year, making it the 201st most active market in WA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $706,000 $385,000
GROWTH REPORT
Median Quarterly 20.43% 0%
Median 12 month 6.97% N/A
Median 3 years -14.63% -7.73%
Median 5 years -7.41% -23%
10 years average annual 1.22% 11.65%
Weekly media advert. rent $430 $350
Time on Market 74.4 days 0.0 days
Gross Rental Yield Percent 3.17% 4.73%
demographics (median values)
Total Population
1986
Weekly Household Income
1241
Household Size
2.30
demographics
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