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Ascot Vale, VIC 3032

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong GrowthWalkable

Median House

$1,350,000

market range $1.3M-$1.5M

Median Unit

$670,000

market range $425K-$700K

Gross Yield (houses)

3.0%

1yr Growth (houses)

+5.2%

market range +0.0% to +17.5%

Investment snapshot for Ascot Vale

Ascot Vale has enough public data for first-pass screening across yield, vacancy, price and supply signals.

Read the full Ascot Vale verdict

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Ascot Vale market and investor summary

Ascot Vale (VIC 3032) runs a median house price of $1.4M, with houses yielding a gross 3.0%. House prices have moved +5.2% over the past year. At 1.8% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.0% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.8% and a resident base that is not shrinking.

Living in Ascot Vale: people, income and schools

Ascot Vale has a resident population of roughly 15,197, a number that has held fairly steady over five years. The median age is 34, broadly working-age.

Households here earn a median of about $114,000 a year, or roughly $2,190 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 11.8 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 21% over five years, which tends to underpin what local buyers can pay.

There are 95 schools within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families. It is roughly 5.6 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 76 for walkability and 100 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
15,197
+4% over 5yr
Median age
34 years
Median household income
$114,000/yr
Households renting
43%
Family households
42%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
95
avg ICSEA 1125
Unemployment
6.5%
Distance to CBD
5.6 km
Walk score
76/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Ascot Vale

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Frequently asked questions about Ascot Vale

What should I check before investing in Ascot Vale?

Ascot Vale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.4% gives a usable rent-to-price starting point. Capital growth of +5.2% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Ascot Vale?

The median property price in Ascot Vale, VIC 3032 is $1.4M for houses and $670K for units.

What rental yield does Ascot Vale show?

The gross rental yield in Ascot Vale is 3.0% for houses and 4.4% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Ascot Vale?

House prices in Ascot Vale are up 5.2% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Ascot Vale?

The current vacancy rate in Ascot Vale is 1.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Ascot Vale?

Ascot Vale has a population of approximately 15,197 residents, with a median age of 34.

What schools are near Ascot Vale?

There are 95 schools within roughly 5km of Ascot Vale. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Ascot Vale affordable to buy in?

A median house in Ascot Vale costs about 11.8 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Ascot Vale's population growing?

The population of Ascot Vale has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Ascot Vale from the CBD?

Ascot Vale is about 5.6 km from the CBD.

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