Ascot
Apartment living shapes Ascot's housing profile: 48.0% of dwellings are apartments, vacancy is 10.8%, and 41.4% of households rent. With 6,531 residents and a median age of 38, Ascot is 2.0 years younger than the national profile, while household income sits at the 84.8th percentile. The 53.3% university-educated share is 23.2 percentage points above national, supporting demand from professional households. For buyers comparing Ascot with nearby Hamilton or Hendra, the suburb's apartment and rental concentration is an important distinction. Growth is forecast at 3.57% annually, driven by overseas migration, while development activity reached 69 applications in 12 months.
Population
6,531
Median Age
38.0
Household IncomeiMedian weekly household income (ABS Census)
$2,243/wk
DAs (12 months)iDevelopment Applications lodged in the past year
72
Ascot suits buyers who value a mixed dwelling market, but the housing format needs close inspection. Apartments account for 48.0% of homes, higher than separate houses at 42.9%, while 30.2% have 4 or more bedrooms and 38.7% have 2 bedrooms. The listed mortgage figure is $2,400 monthly, compared with weekly rent of $390, and mortgage costs equal 24.7% of household income without a stress flag. For buyers comparing Ascot with Hamilton or Hendra, match the exact property to its body corporate, renovation position and parking rather than relying on suburb averages. A 41.4% rental share provides flexibility, while 10.8% vacancy may widen choice and reduce urgency in some apartment segments.
For Buyers
Ascot suits buyers who value a mixed dwelling market, but the housing format needs close inspection. Apartments account for 48.0% of homes, higher than separate houses at 42.9%, while 30.2% have 4 or more bedrooms and 38.7% have 2 bedrooms. The listed mortgage figure is $2,400 monthly, compared with weekly rent of $390, and mortgage costs equal 24.7% of household income without a stress flag. For buyers comparing Ascot with Hamilton or Hendra, match the exact property to its body corporate, renovation position and parking rather than relying on suburb averages. A 41.4% rental share provides flexibility, while 10.8% vacancy may widen choice and reduce urgency in some apartment segments.
For Investors
Ascot has a substantial tenant base, with 41.4% of households renting and weekly rent recorded at $390. Vacancy of 10.8% is high compared with a tightly occupied market, which can give renters more choice but may increase the time needed to secure strong tenants. Development activity is also material, reaching 69 applications in 12 months, so investors should examine nearby construction and competing stock. The area has a 3.57% annual growth forecast, with overseas migration identified as the primary driver. Because no median house price is available, gross yield should be calculated for each property rather than inferred from suburb-level rent. Apartments make up 48.0% of homes, making building quality and owners corporation costs more important than in a detached-house market.
Development Activity
Total DAs
220
Last 12 Months
72
YoY ChangeiYear-over-year change in DA lodgements
+94.6%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Ascot
Open-register school locations for education access. This is not a school-quality ranking.
St Margaret's Anglican Girls School (Ascot)
Ascot State School
Demographics
Ascot has a median age of 38, which is 2.0 years below the national figure, and its average household size of 2.3 is 0.2 below national. University attainment is high at 53.3%, or 23.2 percentage points above national, while the overseas-born share is 25.4%, 3.8 points above national. These traits help explain the concentration of professionals and smaller households. English ancestry is reported by 2,556 people, followed by Irish at 1,079 and Scottish at 837. Christianity accounts for 3,532 residents and no religion for 2,242. Household turnover is 35.3%, so compared with more settled areas, Ascot may have a more mobile resident base despite 64.7% staying at the same address.
Age Distribution
Bedrooms
Dwelling Structure
42.9%
Houses
9.0%
Townhouse
48.0%
Apartment
Tenure
Ascot has a tenure mix that leans toward renting and apartments rather than outright ownership. Renting accounts for 41.4% of households, compared with 28.4% owning outright and 28.7% paying a mortgage. Apartments represent 48.0% of dwellings, higher than separate houses at 42.9%, with semi-detached homes at 9.0%. Bedroom supply is split between 38.7% of two-bedroom homes, 24.7% of three-bedroom homes and 30.2% with 4 or more bedrooms. The listed mortgage figure is $2,400 per month and mortgage costs equal 24.7% of household income, while rent is $390 per week and rent-to-income is 17.4%. Compared with a detached-house market, buyers here need to weigh body corporate costs, building maintenance and resale demand more heavily.
Mortgage / mo
$2,400
Rent / wkiMedian weekly rent for new bonds (Jun 2026 quarter), QLD RTA bond data. Census 2021 median: $390.
$910
Bond data Jun 2026 quarter · houses $910 · units $740
HH Size
2.3
Personal Income / wk
$1,163
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
10.8%
Unoccupied
319
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
17.4%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
24.7%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
41.9%
Couples with children
42.9%
Couples, no children
12.3%
Single parent
1,628
Total families
Economy & Employment
Ascot's economy is concentrated in professional and service occupations. Professional and technical industries employ 444 people, or 17.3%, followed by healthcare at 431 and 16.8%, construction at 180 and 7.0%, education at 180 and 7.0%, and finance at 177 and 6.9%. The occupational mix includes 1,236 professionals and 664 managers, helping explain weekly household income of $2,243 and an 84.8th income percentile. Labour force participation is 66.5%, unemployment is 4.0% and the full-time rate is 63.4%, supporting local purchasing capacity. SEIFA IEO and IRSAD both sit in decile 9, while IER is lower at decile 7, indicating strong education and general advantage but comparatively less uniform economic resources. These results rank Ascot above national disadvantage benchmarks.
Unemployment
4.0%
Labour Force
3,650
Unemployed
147
Source: ABS Census 2021
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
63.4%
Part-time
28.4%
Participation
66.5%
Employed
3,503
Full-time and part-time are shares of the employed. Source: ABS Census 2021
Occupations
Top Industries
University
53.3%
Postgraduate
13.1%
Born Overseas
25.4%
Dwellings
2,635
Transport to Work
Ascot is more car-oriented than transit-led: 54.8% of residents drive to work, compared with 7.1% using public transport and 5.1% walking or cycling. Working from home is common at 29.0%, reducing daily commuting for some households but making reliable home space more valuable. Two nearby schools cover government state schooling and independent girls' education; families should check enrolment zones against the exact address because boundaries can cut across suburb lines. IRSAD and IEO both sit at decile 9, placing Ascot above national disadvantage benchmarks and supporting strong access to education and economic resources. Compared with a transit-first suburb, private vehicle access matters more here. A current crime rate should be checked through Queensland Police records rather than assumed from the suburb's location.
Drive
54.8%
Public Transport
7.1%
Walk / Cycle
5.1%
Work from Home
29.0%
Population Forecast
+3.57%/yr
(+816 people/yr)
EstablishedAscot has a strong growth outlook, with annual growth forecast at 3.57% and overseas migration identified as the primary driver. Population change across the wider area is 112.1% over 10 years, while the shift trajectory is labelled Declining young, reflecting a 4.0 percentage point reduction in the young share. Working-age share increased by 5.2 points, and rent growth reached 33.3%, which can encourage redevelopment and attract investors. Affordability is labelled Improving, moving from 66.5 in 2011 to 60.4 in 2021. Compared with slower established suburbs, the 3.57% trend is substantial, but a gentrification score of 0 and a New development stage point to construction and migration rather than a classic gentrification cycle. Development activity reached 69 applications in 12 months.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+634
Net Internal / yr
-574
Gentrification Signal
New development
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Ascot compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Ascot a good suburb to live in?
Ascot suits residents seeking a professional, higher-income setting with varied housing. Household income ranks at the 84.8th percentile, 53.3% have university qualifications and 29.0% work from home. Compared with a detached-house suburb, Ascot has more apartments at 48.0% and a higher rental share at 41.4%.
What is the median house price in Ascot?
A current median house price is not available for Ascot. Compare recent sales by dwelling type, because apartments represent 48.0% of homes and separate houses 42.9%. The listed mortgage figure is $2,400 monthly, so borrowing capacity and property-specific costs should be assessed alongside comparable sales.
What schools are in Ascot?
Ascot has 2 nearby schools, spanning a government state school and an independent girls' school. Families should compare each address with current enrolment zones and entry requirements, as school access can differ between streets. The local education mix is broader than a single-sector catchment.
Is Ascot safe?
A current suburb-level crime rate is not available, so safety should be assessed using Queensland Police updates and an inspection at different times of day. Ascot has 6,531 residents and a 10.8% vacancy rate, meaning conditions can vary between busy routes, apartment buildings and quieter residential streets.
Is Ascot good for property investment?
Ascot has a 41.4% rental share, weekly rent of $390 and forecast annual growth of 3.57%, with overseas migration as the main driver. However, vacancy is 10.8% and 69 development applications were recorded in 12 months. Compared with a low-vacancy market, investors should allow for stronger leasing competition and calculate yield property by property.
How is Ascot's population changing?
Ascot's current population is 6,531, while annual growth across the wider area is forecast at 3.57%, driven by overseas migration. Population change across that wider area is 112.1% over 10 years. The trajectory is labelled Declining young, with the young share down 4.0 percentage points and the working share up 5.2 points.
What development is happening in Ascot?
Ascot recorded 69 development applications in 12 months, including commercial work, dwelling-house construction, demolitions and extensions. One sample involved 1 dwelling. Compared with a static housing market, this level of activity warrants checking construction timing, local disruption and future competing supply before buying or investing.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state education open registers (school locations), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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