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Suburb by suburb snapshot Ascot

November 18, 2023 BY

This four-bedroom Ascot home build in 2018 sold recently for $652,000.

Ascot is approximately 9.8 square kilometres and has three parks covering nearly 16.6 per cent of total area.

The population in 2016 was 1964 and by the 2021 Census it had jumped to 2571, showing a population growth of 30.9 per cent in the area during that time.

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

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 and its golf course.

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

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 Ascot being primarily couples with children and are likely to be repaying on average $1517 per month on mortgages.

In general, people in Ascot work in a professional occupation.

TITBIT:

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

 

Population: 2,571

Male: 48%

Female: 52%

Median age: 35

5-year population change: 30.9%

House median value: $597,235

Change in Median Price: (5yrs) 67.6%

Median asking rent per week: $470

Average length of ownership: 8 years

Owner occupiers: 78%

Renters: 22%

 

House median sale price:

June 2023: $582,500

June 2022: $607,500

June 2021: $492,000

June 2020: $435,000

June 2019: $401,250

 

House sales per annum:

Period ending June 2023: 40

Period ending June 2022: 42

 

Land median sale price:

June 2023: N/A

June 2022: N/A

 

Land sales per annum:

Period ending June 2023: 5

Period ending June 2022: 5