Ascot

Ascot, VIC 3551, with a population of 2571, has experienced steady population growth over the years. The suburb offers a mix of age groups, with significant numbers in the age ranges of 5 to 19 years and 45 to 64 years. Residents have a diverse range of occupations, with a notable presence of professionals, technicians, and community service workers. The median household income is relatively high, indicating a fairly affluent community. The majority of residents commute by motor vehicle, but there is also a notable proportion working from home. For home buyers interested in Ascot, the suburb offers a range of housing options. The Houses segment provides a good opportunity for investors interested in renovation projects, given the higher sale price IQR ratio. Additionally, the Houses segment has shown strong median growth rates, making it an attractive option for long-term investment. The rental market for both Houses and Units is competitive, with decent rental yields. Ascot's low vacancy rate and high online search interest suggest a high demand for rental properties. Ascot, VIC 3551 is a suburb with a growing population and a diverse demographic profile. It offers good investment opportunities, particularly in the housing market, with potential for renovation projects and strong growth rates. The suburb's strong rental market and high demand for rental properties make it an attractive option for investors looking for steady returns. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022