ASCOT SUBURB PROFILE

Ascot - 4007

General Overview

The Brisbane inner city suburb of Ascot sits around 7km north of Brisbane CBD and is considered one of the most prestigious of the riverside suburbs in Brisbane. Covering approximately 2.8 square kilometres, Ascot is an easy 15 minute drive to the city, and is historically known for its sprawling stately residences and “old money” sentiment. The Racecourse Rd village precinct with its bustling cafe strip of restaurants, shopping and retail stores forms the central hub of Ascot, and it is here where Ascotians meet for social catch-ups or perhaps an early morning pilates session followed by a latte. 

Ascot Lifestyle

There are 2 main community parks in Ascot – Oriel Park and Ascot Park which are frequented by young mums with bubs, and fitness enthusiasts. Both parks offer kids play equipment, picnic facilities and plenty of shade – a great place for birthday parties and family BBQ’s on the weekend. Residents enjoy a daily jog or walk along the recently upgraded Kingsford Smith Drive Riverwalk which connects Racecourse Road with the river and city. Turn left for more shops, eats and parks at Hamilton Portside or head right for your easy and scenic stroll to the city fringe.

Ascot Is Best Known For

Raceday action. The Riverwalk along recently upgraded Kingsford Smith Drive. Affluence. Old-world money. Cafe lifestyle on Racecourse Road.

Popular Schools In Ascot

Ascot State Primary. St Margaret’s Anglican Girls School.

Public Transport

Train (Ascot Station), express bus, city cat and Uber.

Distance To CBD

6-7km (approx)

Quickest Commute To CBD

$25 Uber fare (approx)

Ascot Demographics

*Who Lives in Ascot? The predominant age group in Ascot is 40 – 49 years. Households are primarily couples with children. 

Why Residents Love Ascot

The village-vibe / greenspace (parks) and the cafe river lifestyle / the character homes and refurbished Queenslanders / Ascot State School / Le Bon Choix on Racecourse Road / easy access to both the city and airport.

Popular Online Community Groups In Ascot

Career? I’ve got one, I’m an Ascot mum (Facebook)

Hamilton, Ascot & Hendra Community Noticeboard (Facebook)

4007 Ascot, Clayfield and surrounding suburbs community (Facebook)

Things Only The Locals Know About Ascot

There is an “undesirable side” of Ascot flagged by locals as the Gateway motorway side of Nudgee Rd. The Facebook Group – Career? I have one, I’m an Ascot Mum shares entertaining-ly controversial truths about the demographic who reside in Ascot. Parents from outside of school catchment are known to camp outside the school grounds at Ascot State Primary for a chance of enrolment. 

Cons Of Living In Ascot

The flightpath. Since the second runway at Brisbane airport became operational, residents have reported additional noise complaints from overhead aircraft. Not all of Ascot falls within the Ascot Primary School catchment. Check the school catchment map to see if your potential address is within catchment before you commit.

How Much Will I Need To Buy A Home In Ascot

$470,000 + for an entry-level unit.

$1.5M + for an entry-level character home.

$2.5M – $4M + for an average family home.

Properties You'll Find In Ascot

70’s and 80’s three-storey walk up brick apartment complexes. Renovated Queenslanders. Modern architectural homes. Family Estates on large lots.

Recent Developments Around Ascot

Highest Sales In Ascot This Quarter (Sept 2023)

41 Mayfield Street | SOLD $4,030,000 – Aug 2023

29 Beatrice Terrace | SOLD $4,059,000 – Aug 2023

12 Ascot Street | SOLD $5,500,000 – Sep 2023

Market Data - *Ascot Houses

Median house price: $2,390,000

Quarterly growth: -1.65%

12-month growth: 9.26%

Average annual growth: 10.13%

Weekly median rent: $950

Average days on market: 38

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*DATA SOURCE: yourinvestmentpropertymag.com.au

 

Properties Purchased By Our Team:

(including surrounding suburbs)

Ascot
Wren St | purchased for a professional couple based in Macau.
Norman St | purchased for a professional couple based interstate.
Ascot
Towers St | purchased for a professional family relocating from Sydney.
unnamed 29
Napier St | purchased for a professional couple based in North QLD.
unnamed 25
Dobson St | purchased for a local medical professional
Hendra
General St | purchased for a professional family.
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