Question 1

Is Ascot a nice place to live?

Accepted Answer

Ascot is an inner-north Brisbane suburb centred on the Ascot and Doomben racecourses and the Racecourse Road shopping strip. Leafy, wide streets lined with historic Queenslander and federation-era homes sit alongside newer apartments, creating a mix of grand older residences and low-rise infill. Residents tend to be families and professionals who value access to riverside parkland, regular race meetings and an established café and boutique scene.

Household figures underline the family presence: couple families with children are 42.0% and couple families without children 43.0%, together accounting for 85.0% of families. Owner-occupiers make up 57.9% of homes while renters are 42.1%. The median age is 38 years and median household income $2,243 a week, roughly $116,636 a year. Public transport includes the Doomben line and frequent buses and major roads along the river corridor. The Brisbane Racing Club’s Master Plan is reshaping the precinct and has delivered facilities such as the Ascot Aquatics Centre and Racecourse Village while further precinct and rail works are progressing or planned. Whether Ascot suits you will come down to the mix of character, amenities and access you want.

Question 2

Is it expensive to live in Ascot?

Accepted Answer

In Ascot, housing costs sit well above what local households earned at the most recent Census. The median house price of $3,055,000 is about 26.2 times a typical local annual household income at the last Census, and the median unit price of $927,500 is about 8.0 times that income. On the rental side, an average house rent of $1,150 a week would take about 51.3% of a typical local household's weekly income at the last Census, while an average unit rent of $675 a week would take about 30.1%.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Ascot a good place to invest?

Accepted Answer

Over the past 12 months house values in Ascot climbed 29.2%, a strong rise, while unit values also increased strongly, up 18.1%. Those value movements point to capital growth on both property types over the year.

On the income side, house rents rose 15.8% and unit rents increased 8.9% over the same period. In both cases the price gains were larger than the rent gains, so capital growth outpaced rental income in this 12-month period. Whether that balance fits your investment goals and circumstances is for you to weigh up.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$3.06M	$928K
Change in value Past 12 months	29.2%	18.1%
Sold Past 3 months	10	20
Median days on market Past 12 months	29	15
Average rent Past 12 months	$1150	$675
Change in rent Past 12 months	15.8%	8.9%

Get a property report and suburb profile for any property in Ascot

Ascot suburb profile

Ascot property market performance

5 year median price trend for houses and units

Ascot demographics

Suburbs near Ascot

How does Ascot compare to nearby suburbs?

Choose the right real estate agents in Ascot

Get a head start and compare top local agents in Ascot

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market