Ascot
With 93 residents across 36.43 square kilometres, Ascot (3364) averages 2.6 people per square kilometre, well below regional Victorian norms. Household income ranks at the 75.9th percentile nationally despite an agricultural base employing 41.2% of local workers. Outright ownership at 64.3% is far above the national average, signalling deep-rooted landholding. The median age of 44 is 4.0 years above the national figure, consistent with an aging trajectory.
Population
93
Median Age
44.0
Household IncomeiMedian weekly household income (ABS Census)
$2,027/wk
DAs (12 months)iDevelopment Applications lodged in the past year
3
No median sale price exists for Ascot because transaction volumes in a 93-person locality are too thin for a reliable figure. The clearest affordability signal is monthly mortgage repayments of $2,167, with a mortgage-to-income ratio of 24.7%, below the 30% stress threshold. Every dwelling is a detached separate house, and 71.4% have 4 or more bedrooms, above state norms for room size. Outright ownership at 64.3% dwarfs the 14.3% renter share, so most stock trades between owner-occupiers rather than investors.
For Buyers
No median sale price exists for Ascot because transaction volumes in a 93-person locality are too thin for a reliable figure. The clearest affordability signal is monthly mortgage repayments of $2,167, with a mortgage-to-income ratio of 24.7%, below the 30% stress threshold. Every dwelling is a detached separate house, and 71.4% have 4 or more bedrooms, above state norms for room size. Outright ownership at 64.3% dwarfs the 14.3% renter share, so most stock trades between owner-occupiers rather than investors.
For Investors
At $240 per week, rent sits below the Victorian state median, constrained by a tenant pool of 14.3% of households in a 93-person locality. The 8.3% vacancy rate is elevated relative to typical market levels. Rent grew 37.0% over the measured period, outpacing real income growth of 16.1%, which signals tightening conditions over time. The broader SA2 is forecast to expand at 2.05% annually toward 26,169 residents by 2031, driven by internal migration of 486 people per year. Development activity is minimal at 3 applications in 12 months, so no supply overhang is building.
Development Activity
Total DAs
3
Last 12 Months
3
YoY ChangeiYear-over-year change in DA lodgements
—
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
The median age of 44 is 4.0 years above the national figure. Only 7.2% of residents were born overseas, which is 14.4 percentage points below the national average. English ancestry leads at 35 residents, followed by Irish and Scottish at 7 each. University qualifications at 20.8% are 9.3 points below the national rate, consistent with an agriculture-dominant workforce. Household size averages 2.8 persons, 0.3 above national, driven by 36 couples-with-children families compared to 20 couples without children. The volunteering rate of 31.0% is well above urban averages.
Age Distribution
Dwelling Structure
100.0%
Houses
N/A
Townhouse
N/A
Apartment
Tenure
Every dwelling in Ascot is a detached separate house, a 100% detached rate that stands above most regional Victorian localities. Outright ownership at 64.3% is more than 3 times the 14.3% renter share, far below national renter averages. The bedroom mix skews large: 71.4% have 4 or more bedrooms and 28.6% have 3, with no small-format stock recorded. Mortgage repayments average $2,167 per month and the mortgage-to-income ratio of 24.7% is below the 30% stress threshold. Rent-to-income at 11.8% is well below financial stress levels. No median sale price is available, but low mortgage loads and high outright ownership point to generationally held property.
Mortgage / mo
$2,167
Rent / wk
$240
HH Size
2.8
Personal Income / wk
$733
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
8.3%
Unoccupied
3
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
11.8%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
24.7%
Community Profile
Ancestry
Household Composition
27.0%
Couples, no children
74
Total families
Economy & Employment
Agriculture employs 41.2% of local workers (14 people), far above state and national averages, reflecting Ascot's 36.43 sqkm rural footprint. Transport and Finance each contribute 14.7% (5 workers each), followed by Construction at 11.8%. Managers lead by occupation at 19 workers, ahead of Professionals (10). Full-time employment runs at 66.0% and participation at 65.8%. The SEIFA IEO decile of 8 places Ascot above the national average for education and occupation outcomes, while IER decile 4 is lower, typical of farming households where land wealth is high but cash income is variable.
Unemployment
3.0%
Labour Force
6,267
Unemployed
189
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
66.0%
Part-time
34.0%
Participation
65.8%
Employed
50
Occupations
Top Industries
University
20.8%
Postgraduate
N/A
Born Overseas
7.2%
Dwellings
30
Transport to Work
All employed residents drive to work (100%), reflecting the 36.43 sqkm rural layout with no public transport options. No schools are recorded within the boundary. The IRSAD decile of 7 places Ascot above the national median for relative advantage. The crime rate of 892.5 per 1,000 residents is high compared to state norms, but 83 total incidents in a 93-person population partly reflects a denominator effect; property and deception offences account for 50 incidents. Rent-to-income at 11.8% is well below financial stress levels, and the volunteering rate of 31.0% is above national averages.
Drive
100.0%
Public Transport
N/A
Walk / Cycle
N/A
Work from Home
N/A
Population Forecast
+2.05%/yr
(+490 people/yr)
EstablishedThe broader SA2 grew from 22,051 residents in 2023 to 23,952 by 2025, above state growth rates for comparable rural areas, and medium forecasts project 26,169 by 2031 at 2.05% annually. Internal migration drives growth at a net 486 arrivals per year, higher than overseas migration of 104. The regional gentrification score of 57 is Active, with population up 51% since 2011. Rent rose 37.0% over the period while real incomes grew 16.1%, so housing costs are rising faster than wages. At suburb level, 91.2% of residents stayed in place, meaning local turnover is very low despite the regional momentum.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Internal Migration
Net Overseas / yr
+104
Net Internal / yr
+486
Gentrification Signal
Active
Population +51% since 2011, Net internal migration +486/yr, Accelerating: 17% → 29%
Safety & Crime
Total Offences
83
Year ending June 2024
Rate per 1,000 People
892.5
Offence Categories
Source: Crime Statistics Agency Victoria / SA Police
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 households seeking rural space and financial stability. Household income ranks at the 75.9th percentile nationally, 64.3% of homes are owned outright, and the IRSAD decile of 7 places it above the national median for relative advantage. The main trade-offs are 100% car dependence, no recorded schools within the 3364 boundary, and a crime rate of 892.5 per 1,000 residents that is inflated by the small 93-person population base.
What is the median house price in Ascot?
No median house price is recorded for Ascot VIC (3364) due to very low transaction volumes in this 93-person locality. Monthly mortgage repayments average $2,167, giving a mortgage-to-income ratio of 24.7%, below the 30% stress threshold. Weekly rent averages $240, with 71.4% of dwellings having 4 or more bedrooms and 100% being detached separate houses.
What schools are in Ascot?
No schools are recorded within the Ascot (3364) locality. Families rely on schools in surrounding Central Goldfields and Ballarat region towns. The local university qualification rate is 20.8%, which is 9.3 percentage points below the national average, consistent with an agriculture and trades workforce rather than a graduate-heavy community.
Is Ascot safe?
The recorded crime rate is 892.5 per 1,000 residents, driven by 50 property and deception offences out of 83 total incidents. In a population of only 93, a modest absolute count produces a high per-capita rate, so this figure is partly a statistical artefact. The IRSAD decile of 7 indicates above-median advantage nationally, and only 3.3% of residents require daily assistance, both indirect indicators of lower disadvantage-related risk factors.
Is Ascot good for property investment?
The rental market is thin: only 14.3% of dwellings are rented, weekly rent is $240 and the vacancy rate of 8.3% is above typical market levels. Just 3 development applications were lodged in the past 12 months. However, rent grew 37.0% over the measured period and the broader SA2 is forecast to grow at 2.05% annually toward 26,169 residents by 2031, providing longer-term demand support for regional land values.
How is Ascot's population changing?
The broader SA2 grew from 22,051 in 2023 to 23,952 in 2025 and is forecast to reach 26,169 by 2031 at 2.05% annually. The regional gentrification score is 57 (Active stage) with population up 51% since 2011 and internal migration adding 486 net residents per year. At suburb level, 91.2% of residents stayed in place, so local turnover is very low despite strong wider regional growth.
What industries drive employment in Ascot?
Agriculture employs 41.2% of Ascot workers (14 people), well above state and national averages, followed by Transport and Finance at 14.7% each, and Construction at 11.8%. Managers are the largest occupational group at 19 workers, reflecting farm and small-business ownership. The full-time employment rate is 66.0% and the participation rate is 65.8%, with zero unemployed recorded at Census.
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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