Ascot Park is a smaller suburb in South Australia within the Marion local government area (postcode 5043). With a population of 3,588, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $72K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Chinese.
The median house price in Ascot Park is $1.1 million, having surged 31.9% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,500.
Public transport access includes 1 rail station, 12 bus stops. The crime rate in the Marion LGA is moderate at 7,051 incidents per 100,000 population.
From an investment perspective, Ascot Park offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 15.6x is considered stretched. House prices have moved +31.9% year-on-year.
Ascot Park is a smaller suburb in South Australia within the Marion local government area (postcode 5043). With a population of 3,588, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $72K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Chinese.
The median house price in Ascot Park is $1.1 million, having surged 31.9% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,500.
Public transport access includes 1 rail station, 12 bus stops. The crime rate in the Marion LGA is moderate at 7,051 incidents per 100,000 population.
From an investment perspective, Ascot Park offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 15.6x is considered stretched. House prices have moved +31.9% year-on-year.