Suburb by suburb snapshot – Ascot

The size of Ascot is approximately 9.8 square kilometres with a population recorded at 1342 in 2011 and by the 2016 Census it was 1964 showing a growth of 46.3 per cent in the area during that time.

Ascot is a rural residential suburb seven kilometres north-east of Bendigo and is now very popular with young families – boasting one of the youngest median ages in the region.

The population has clearly surpassed the last recorded figure of close to 2000 people and this month’s Census should provide some great new data on this community’s growth and demographic.

In 1854 the Bendigo Jockey Club was formed and chose a venue north of Bendigo for its race meetings.

It is thought that the famous English racecourse, Ascot, inspired the place name.

Epsom, the name of another English racecourse, is immediately west of Ascot, on the other side of the railway line from Bendigo to Echuca.

The racecourse is in the south-west corner of Ascot, and it is adjoined by the Bendigo Golf Club (1901) and its golf course.

The eastern side of Ascot is occupied by the Bendigo Regional Park.

CoreLogic data indicates that the predominant age group in Ascot is 0-9 years with households in being primarily couples with children and are likely to be repaying $1400 – $1799 per month on mortgages. In general, people in Ascot work in a professional occupation.

In 2011, 85.9 per cent of the homes in Ascot were owner occupied compared with 75.9 per cent in 2016. Currently the median sales price of houses in the area is $472,500.

 

TIDBIT:

The Bendigo racecourse, extensively remodelled in 1998 has 23 meetings a year including the Bendigo Cup.

 

Population: 1964

Male: 48.2%

Female: 51.8%

Median age: 36

5-year population change: 46.3%

House median value: $559,000

Change in Median Price: (5yrs) is 38.4%

Median asking rent per week: $380

Average length of ownership: 7 years

Owner occupiers:78%

Renters: 22%

 

House median sale price:

April 2021: $427,500

April 2020: $416,000

April 2019: $378,000

April 2018: $352,500

April 2017: $370,000

 

House sales per annum:

Period ending April 2021: 38

Period ending April 2020: 35

 

Land median sale price:

April 2021: N/A

April 2020: N/A

 

Land sales per annum:

Period ending April 2021: 3

Period ending April 2020: 5