Ascot Vale, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Ascot Vale
VICCensus 2021 · Population 15,200
Ascot Vale is a suburb with a population of 15,200, characterized by a median age of 37, slightly younger than the Victorian average of 38. The gender distribution is fairly balanced with 49.2% male and 50.8% female. The suburb has a diverse age distribution, with 6.4% of the population aged 0-4 and 6.0% aged 5-9. Family structures are varied, with 46.1% of households being couples with children and 37.4% being couples without children. Single-person households account for 28.8% of the population.
Key Highlights
- Highly educated population - 44.3% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $2,192 weekly (vs VIC $1,759)
- Significant work-from-home culture - 39.8% (vs VIC 25.7%)
- Diverse housing options with 46.0% separate houses and 30.7% apartments
- Low unemployment rate of 4.7% (vs VIC 5.0%)
Things to Consider
- Higher rental rates with a median weekly rent of $370
- Lower percentage of separate houses compared to VIC average (46.0% vs 73.4%)
- High percentage of rented properties at 38.0% (vs VIC 28.5%)
- Significant portion of the population with mental health conditions at 9.3%
- High percentage of high-income households may impact affordability
What's it like living here?
Daily life in Ascot Vale is influenced by its proximity to urban amenities and strong public transport connections, with 7.5% of residents using public transport for commuting. A significant portion of the population, 39.8%, works from home, reflecting a modern work-life balance. The community has a vibrant feel, supported by a mix of housing types including separate houses, townhouses, and apartments.