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Ascot real estate and property market

Ascot, an upscale suburb in Queensland, boasts a prestigious property market. The median house price in Ascot is an impressive $2,492,752, with a significant 16.77% increase in house values over the past year. The median price for units stands at $632,556, having risen by 5.45%, indicating healthy growth in this sector.

Ascot market performance and demographics

The property market in Ascot has been dynamic, particularly in the luxury housing segment. In the last year, 54 houses were sold, highlighting the suburb's exclusivity and demand for high-end properties. The average days on market (DOM) for houses is 30.5 days, and for units, it's 20 days, suggesting a brisk and efficient market.

Median price - houses$2,492,752Past month

Median price - units$632,556Past month

Change in value - houses16.77%12 months

Change in value - units5.45%12 months

Houses sold54Past 12 months

Units sold126Past 12 months

Median DOM - houses30.512 months

Median DOM - units2012 months

Find and compare the best real estate agents in Ascot

In Ascot’s elite property market, selecting a seasoned real estate agent is key. The suburb is served by agents specializing in luxury properties, who bring a wealth of experience and market acumen. These professionals offer tailored advice and support, crucial for navigating the high-value real estate transactions in Ascot.

Ascot suburb profile

Ascot is synonymous with luxury and sophistication. Known for its stunning heritage homes, leafy streets, and high-end lifestyle amenities, it attracts a discerning clientele. The suburb offers a refined living experience, ideal for those seeking elegance and exclusivity in a residential setting.

Suburbs near Ascot

Neighbouring Ascot are other prestigious suburbs like Hamilton, Clayfield, and Albion, each known for their distinct charm and upscale living options. These suburbs provide a variety of lifestyle choices for those looking to reside in close proximity to Ascot’s luxurious environment.

Common questions about Ascot

Is Ascot a good place to invest?
Ascot is a suburb with investment potential, showing a 4.57% increase in median house prices over the past year. The average annual growth rate for houses in Ascot is 2.91%, indicating steady growth. Rental yields are moderate, with a median weekly rent of $715 for houses. The suburb's prestigious location, proximity to the Brisbane CBD, and upscale lifestyle add to its investment appeal. While not the highest growth suburb, Ascot offers a premium location.
Is Ascot expensive to live in?
Ascot is considered an upscale suburb, with a median house price of $1,580,000. Rental yields for houses are around 2.96%. While the cost of living is higher compared to many suburbs, it reflects the premium lifestyle and amenities available in Ascot. The suburb offers elegant homes and a luxurious lifestyle, making it an attractive choice for those seeking upscale living.
What is the liveability of Ascot?
Ascot is known for its prestigious and upscale living. It provides easy access to elite schools and boasts a prestigious racing heritage with Eagle Farm Racecourse. The suburb offers fine dining, cultural attractions, and proximity to the Racecourse Road precinct. While it may not have a bustling nightlife, Ascot appeals to those seeking a sophisticated and luxurious lifestyle in a premium location.

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