Ascot Vale is a well-established suburb in Victoria within the Moonee Valley local government area (postcode 3032). With a population of 15,197, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $114K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Ascot Vale is $1.3 million, having remained flat 0% over the past year. Units have a median price of $520,000 (-3.7% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,458.
Ascot Vale is served by 4 schools, including 3 primary, 1 special. The average ICSEA score is 1084, which is above the national average of 1,000. Public transport access includes 3 rail stations, 2 tram stops, 62 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.
From an investment perspective, Ascot Vale offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.3M/$875K), placing it in the premium segment. The price-to-income ratio of 11.4x is considered stretched. House prices have moved +0.0% year-on-year.
Ascot Vale is a well-established suburb in Victoria within the Moonee Valley local government area (postcode 3032). With a population of 15,197, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $114K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Ascot Vale is $1.3 million, having remained flat 0% over the past year. Units have a median price of $520,000 (-3.7% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,458.
Ascot Vale is served by 4 schools, including 3 primary, 1 special. The average ICSEA score is 1084, which is above the national average of 1,000. Public transport access includes 3 rail stations, 2 tram stops, 62 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.
From an investment perspective, Ascot Vale offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.3M/$875K), placing it in the premium segment. The price-to-income ratio of 11.4x is considered stretched. House prices have moved +0.0% year-on-year.