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Ascot
AREA REPORTS

Ascot

Ascot - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6104

house
unit

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 10.64% for the past year.

Investors saw the median home price rise to $850,000.

Profits due to an upward trend in home prices in the suburb averaged 7.03% per annum over a 3-year period.

ASCOT now ranks at the 123rd 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 $550 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 51.4 days.

In 2016, 59 properties were sold in ASCOT during the past year, making it the 101st most active market in WA based on total real estate transactions.

Data report can be found below

Ascot
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $850,000 $402,500
GROWTH REPORT
Median Quarterly 4.94% 4.27%
Median 12 month 10.64% -9.55%
Median 3 years 21.08% -41.83%
Median 5 years 3.34% -21.84%
10 years average annual 3.11% 6.18%
Weekly media advert. rent $550 $450
Time on Market 51.4 days 85.0 days
Gross Rental Yield Percent 3.36% 5.81%
demographics (median values)*
Total Population
14321
Weekly Household Income
1511
Household Size
2.40
Age
36
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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