Ascot (postcode 4007) is a medium-sized suburb in Queensland within the Brisbane local government area. It is home to about 6,531 residents, with a settled mid-life population and a median age of 38. Households earn a median income of $117K per year, with an average household size of 2.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, clerical & administrative. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Irish.
The median house price in Ascot is $2.5 million, broadly unchanged over the past year. The median weekly rent is $390 (Census 2021). This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $2,400.
Ascot is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1148, which is well above the national average of 1,000. Public transport access includes 1 rail station, 42 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 0.8% (low yield). Property prices are above the state median ($2.5M/$1.1M), placing it in the premium segment. The price-to-income ratio of 21.0x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.