Ascot
Half of Ascot's dwellings are apartments (48.0%) while separate houses make up only 42.9%, an unusual split for a suburb where household income sits in the 84.8th percentile nationally. That density, 2,333 residents per square kilometre across just 2.8 km2, helps explain a reported vacancy rate of 10.8%, well above a balanced market. The population skews educated, with 53.3% holding university qualifications, which is 23.2 points above the national figure, and the median age of 38 runs 2 years below national. Christianity dominates the religious profile at 3,532 residents, and the workforce leans heavily toward professional and health sectors.
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
62
Median House
$564K
Estimated from rent (2025)
The reported median house price of $564,000 is modest relative to the area's 84.8th-percentile household income, though this figure is estimated from rents rather than recent sales, so treat it as indicative. The dwelling mix matters more than the headline number: apartments make up 48.0% of stock against 42.9% separate houses, so buyers chasing a detached home compete for under half the market. Two-bedroom dwellings dominate at 38.7%, while 4-plus bedroom homes reach 30.2%, a barbell that splits the suburb between compact units and larger family houses. Monthly mortgage repayments average $2,400, giving a mortgage-to-income ratio of 24.7%, comfortably below the 30% stress threshold, which means typical buyers here carry manageable debt loads compared with stretched outer markets.
For Buyers
The reported median house price of $564,000 is modest relative to the area's 84.8th-percentile household income, though this figure is estimated from rents rather than recent sales, so treat it as indicative. The dwelling mix matters more than the headline number: apartments make up 48.0% of stock against 42.9% separate houses, so buyers chasing a detached home compete for under half the market. Two-bedroom dwellings dominate at 38.7%, while 4-plus bedroom homes reach 30.2%, a barbell that splits the suburb between compact units and larger family houses. Monthly mortgage repayments average $2,400, giving a mortgage-to-income ratio of 24.7%, comfortably below the 30% stress threshold, which means typical buyers here carry manageable debt loads compared with stretched outer markets.
For Investors
A 42.1% renter share gives landlords a deep tenant pool, the largest tenure group in Ascot ahead of mortgage holders at 29.1% and outright owners at 28.8%. Weekly rent averages $390, and against the reported $564,000 median that implies a gross yield near 3.6%, healthier than the sub-2% yields common in premium inner-city markets. The catch is supply: a 10.8% vacancy rate points to an oversupplied apartment segment, which is 48.0% of dwellings. Demand support comes mainly from overseas migration, adding 94 residents a year versus 34 from internal migration, and development is active at 57 applications lodged in the past 12 months. Rent grew 14.7% over the decade, so the case rests on income and migration rather than tight vacancy.
Development Activity
Total DAs
198
Last 12 Months
62
YoY ChangeiYear-over-year change in DA lodgements
+59.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Ascot iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Margaret's Anglican Girls School
Prep-12 · 1436 students
Ascot State School
Prep-6 · 631 students
Demographics
Ascot's median age of 38 is 2.0 years below the national figure, but the trajectory is aging: the senior share rose 3.3 points while the working-age share fell 1.4 points over the decade. University qualifications reach 53.3%, which is 23.2 points above national, among the markers of a knowledge-worker base. Overseas-born residents sit at 25.4%, 3.8 points above national. Ancestry is strongly Anglo-Celtic, led by English (2,556), Irish (1,079) and Scottish (837), and the most common non-English languages are Mandarin (43 speakers), Hindi (30) and Italian (27). Christianity is the dominant religion at 3,532 residents, ahead of Buddhism (109) and Hinduism (84). Average household size is 2.3, which is 0.2 below national, consistent with the high share of couples without children at 30.3%.
Age Distribution
Bedrooms
Dwelling Structure
42.9%
Houses
9.0%
Townhouse
48.0%
Apartment
Tenure
Tenure splits three ways: 42.1% rent, 29.1% carry a mortgage and 28.8% own outright. Renters outnumbering both owner groups is unusual and ties directly to the apartment-heavy stock, which is 48.0% of dwellings against 42.9% separate houses and 9.0% semi-detached. Two-bedroom dwellings lead at 38.7%, with 4-plus bedroom homes at 30.2% and three-bedroom at 24.7%, so the suburb serves renters and downsizers more than mid-size family buyers. The reported median house price of $564,000 is estimated from rent rather than sales, which limits precision, but against household income in the 84.8th percentile it leaves a low price-to-income burden. Mortgage-to-income at 24.7% and rent-to-income at 17.4% both stay below stress thresholds, so neither owners nor tenants are overextended compared with national norms.
Mortgage / mo
$2,400
Rent / wk
$390
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
30.3%
Couples, no children
4,581
Total families
Economy & Employment
The workforce concentrates in high-skill sectors: Professional/Tech leads at 17.3% (444 workers), Healthcare follows at 16.8% (431), then Construction and Education at 7.0% each (180 apiece) and Finance at 6.9% (177). By occupation, Professionals (1,236) and Managers (664) dominate, which aligns with the decile 9 IEO score for education and occupation. Unemployment is low at 4.4% and the full-time employment rate reaches 69.1%. The suburb scores decile 9 on both IRSD and IRSAD, the top advantage tiers, though the IER economic-resources index sits lower at decile 7. That gap reflects the 42.1% renter base, which depresses aggregate household-wealth measures even where incomes and education rank high. Real incomes grew 5.0% over the decade.
Unemployment
3.6%
Labour Force
4,017
Unemployed
143
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
69.1%
Part-time
26.5%
Participation
61.2%
Employed
3,216
Occupations
Top Industries
University
53.3%
Postgraduate
13.1%
Born Overseas
25.4%
Dwellings
2,635
Transport to Work
Ascot is car-dependent for an inner Brisbane suburb: 77.2% drive to work while only 10.0% use public transport and 7.2% walk or cycle, below the active-transport shares seen in denser harbour or CBD-fringe areas. The suburb earns decile 9 on IRSAD, a top advantage tier nationally, and decile 9 on IRSD for relative disadvantage, so very few residents face deprivation. Volunteering runs at 18.3%, and only 3.1% of residents (188 people) need daily assistance, low for a suburb with a rising senior share. Rent-to-income at 17.4% keeps tenants comfortable relative to the 30% stress line. No schools are recorded inside the 2.8 km2 boundary in this dataset, so families rely on institutions in neighbouring suburbs, a practical trade-off for the compact, high-density setting at 2,333 residents per square kilometre.
Drive
77.2%
Public Transport
10.0%
Walk / Cycle
7.2%
Work from Home
N/A
Population Forecast
+1.19%/yr
(+77 people/yr)
EstablishedAscot is growing slowly but steadily: annual population growth runs 1.19%, about 77 residents a year, and the population rose 11.6% over the decade. Historical counts climbed from 6,139 in 2023 to 6,454 in 2025, and the medium forecast extends that trend to 6,745 by 2031. Overseas migration is the primary driver, adding 94 residents annually against 34 from internal migration. The gentrification score reads 22, an early-signs stage, supported by a 20% population rise since 2011 and accelerating change. Affordability improved from 37.3% in 2011 to 33.1% in 2021, a rare easing compared with most metro markets. The shift profile is aging, with the senior share up 3.3 points, so demand is tilting toward established residents rather than a young-family influx.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+94
Net Internal / yr
+34
Gentrification Signal
Early signs
Population +20% since 2011, Accelerating: 0% → 19%
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 ranks in decile 9 on IRSAD, IEO and IRSD, top advantage tiers nationally, with household income in the 84.8th percentile. University qualifications reach 53.3%, which is 23.2 points above national. The main trade-offs are car dependence at 77.2% and a reported vacancy rate of 10.8% in its apartment stock.
What is the median house price in Ascot?
The reported median house price is $564,000, though this figure is estimated from rent rather than recent sales, so treat it as indicative. Weekly rent averages $390 and monthly mortgage repayments run about $2,400, giving a mortgage-to-income ratio of 24.7%, below the 30% stress threshold.
What schools are in Ascot?
No schools are recorded inside the 2.8 km2 Ascot boundary in this dataset, so families rely on schools in neighbouring suburbs. The resident base is highly educated, with university qualifications at 53.3%, which is 23.2 points above the national figure.
Is Ascot safe?
Detailed crime statistics are not available for Ascot in this dataset. As an indirect indicator, the suburb scores decile 9 on the IRSD index of relative disadvantage, a top tier, and only 3.1% of its 6,531 residents need daily assistance, both consistent with a low-disadvantage area.
Is Ascot good for property investment?
Rent of $390 a week against the reported $564,000 median gives a gross yield near 3.6%, healthier than premium inner-city suburbs. But the 10.8% vacancy rate signals apartment oversupply. Net overseas migration of 94 a year and 57 development applications support demand more than yield does.
How is Ascot's population changing?
Population growth runs 1.19% annually, about 77 residents a year, with an 11.6% rise over the decade from 6,139 in 2023 to 6,454 in 2025. The profile is aging, with the senior share up 3.3 points and the working-age share down 1.4 points, and the medium forecast reaches 6,745 by 2031.
How much development is happening in Ascot?
There were 57 development applications lodged in the past 12 months, active for a 2.8 km2 suburb. Recent samples include a dwelling-house extension and a reconfigure-a-lot subdivision, consistent with infill activity in a suburb growing 1.19% a year and with apartments making up 48.0% of stock.
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 Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), 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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