Question 1

Is Ascot Park a nice place to live?

Accepted Answer

Ascot Park is an established, primarily residential suburb in Adelaide’s southern suburbs, with tree-lined streets and a stock of post-war bungalows and brick veneer homes on modest blocks. The community is led by couple families, who make up 76.9% of families, and the suburb is home to 3,588 people with a median age of 34. Homes are more often owner-occupied than rented, about 55.1% owned and 44.9% rented, which helps explain its practical, settled feel shaped by long-term residents and neighbourhood clubs.

Day-to-day life centres on local parks, sporting ovals and small shopping strips, while public transport and major arterial roads provide links to the wider southern precincts and the city. The Flinders Greenway runs through Ascot Park with a section awaiting funding for construction, and Daws Road Reserve is listed for natural landscaping works. That mix tends to suit families, first-home buyers and renovators seeking properties with potential; whether it fits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Ascot Park?

Accepted Answer

Buying a house in Ascot Park at a median of $1,012,000 works out to about 14.1 times a typical local household's annual income as recorded at the most recent Census, which sits well above local incomes on these figures. Renting is also a sizeable cost: a house rent of $620 a week would take about 44.9% of a typical local household's weekly income at the last Census, while a unit rent of $520 a week would take about 37.7%. On these numbers, buying sits much farther above what households earned at the last Census and renting still takes a large or sizeable share of local income.

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 Park a good place to invest?

Accepted Answer

Unit values in Ascot Park rose 16.0% over the past 12 months, a strong increase, while house values climbed 8.8%, a solid rise. Unit rents also increased 6.1% over the year, a notable gain, so if rental income is your priority the unit figures are the most relevant. Taken together, the data show the unit side outperformed houses this year on both capital and rental measures; whether that balance fits your investment goals depends on what you want from a property.

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	$1.01M	N/A
Change in value Past 12 months	8.8%	16.0%
Sold Past 3 months	10	7
Median days on market Past 12 months	57	44
Average rent Past 12 months	$620	$520
Change in rent Past 12 months	N/A	6.1%

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