Ascot
Statistical Area - sa2

Population growth drivers in Ascot are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

Ascot's population stood at around 6,439 as of November 2025, according to AreaSearch's analysis. This figure represents an increase of 670 people since the 2021 Census, which recorded a population of 5,769. The growth is inferred from ABS' estimated resident population of 6,318 as of June 2024 and an additional 238 validated new addresses post-Census date. This results in a population density ratio of 2,606 persons per square kilometer, placing Ascot in the upper quartile relative to national locations assessed by AreaSearch. Ascot's growth rate of 11.6% since the 2021 Census exceeded both the national average (8.9%) and the state average. Overseas migration contributed approximately 50.8% of overall population gains during recent periods, although all migration drivers were positive factors.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections are used, released in 2023 based on 2021 data. However, these state projections lack age category splits, so AreaSearch applies proportional growth weightings in line with ABS Greater Capital Region projections for each age cohort, released in 2023 based on 2022 data. Looking ahead, Ascot is projected to experience above median population growth among statistical areas analysed by AreaSearch, with an expected increase of 1,163 persons to 2041, representing a total gain of 16.2% over the 17-year period.

Recent residential development output has been above average within Ascot when compared nationally

Ascot has seen approximately 105 new homes approved annually. Over the past five financial years, from FY21 to FY25, around 528 homes were approved, with an additional 75 approved so far in FY26. On average, about 1.2 new residents arrived per year for each new home over these five years, indicating a balanced supply and demand that has maintained stable market conditions. However, recent data shows this ratio has intensified to 8.7 people per dwelling over the past two financial years, suggesting growing popularity and potential undersupply.

New homes are being constructed at an average expected cost of $435,000, demonstrating a focus on the premium market with high-end developments. This year, $6.8 million in commercial approvals have been registered, reflecting the area's residential character. Compared to Greater Brisbane, Ascot has 155.0% more construction activity per person, offering buyers ample choice, although development activity has moderated in recent periods. This level of activity is substantially higher than the national average, indicating strong developer confidence in the location. Recent construction comprises 4.0% standalone homes and 96.0% townhouses or apartments, providing accessible entry options that appeal to downsizers, investors, and entry-level buyers. This shift from the area's existing housing composition (currently 41.0% houses) reflects decreasing availability of developable sites and changing lifestyles requiring more diverse, affordable housing options. With around 532 people per dwelling approval, Ascot shows a developed market with future projections indicating an addition of 1,042 residents by 2041.

Current construction levels should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.

Ascot has moderate levels of nearby infrastructure activity, ranking in the 41stth percentile nationally

Infrastructure changes significantly influence regional performance. AreaSearch identified 31 projects potentially impacting the area. Notable projects include Bernborough Ascot Retirement Living, The Windermere, Northshore Hamilton Urban Development Area, and Oriel Park Masterplan (Mirvac). Relevant projects are listed below.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Ascot demonstrate strong performance, ranking among the top 35% of areas assessed nationally

Ascot has a highly educated workforce with strong representation in professional services. Its unemployment rate is 3.0%, lower than the national average.

Over the past year, employment grew by an estimated 3.7%. As of June 2025, 3,914 residents are employed, with an unemployment rate of 1.1% below Greater Brisbane's rate of 4.1%. Workforce participation is fairly standard at 67.3%. Leading industries include professional & technical, health care & social assistance, and retail trade.

Ascot specializes in professional & technical employment, with a share 1.7 times the regional level. However, education & training employs only 6.0% of local workers, below Greater Brisbane's 9.4%. Between June 2024 and June 2025, employment levels increased by 3.7%, while labour force grew by 2.9%. This resulted in a 0.8 percentage point drop in the unemployment rate. In contrast, Greater Brisbane experienced employment growth of 4.4% and labour force growth of 4.0%, with a 0.4 percentage point drop. Jobs and Skills Australia's national employment forecasts from May 2025 project overall growth of 6.6% over five years and 13.7% over ten years. However, growth rates vary significantly between industry sectors. Applying these projections to Ascot's employment mix suggests local growth of approximately 7.1% over five years and 14.4% over ten years.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2022 shows that income in Ascot is among the top percentile nationally. The median assessed income is $68,299 while the average income stands at $131,756. This contrasts with Greater Brisbane's figures of a median income of $55,645 and an average income of $70,520. Based on Wage Price Index growth of 13.99% since financial year 2022, current estimates would be approximately $77,854 (median) and $150,189 (average) as of September 2025. From the 2021 Census, household, family and personal incomes all rank highly in Ascot, between the 79th and 90th percentiles nationally. The earnings profile shows that 27.8% of the population (1,790 individuals) fall within the $1,500 - 2,999 income range, reflecting patterns seen in the broader area where 33.3% similarly occupy this range. A substantial proportion of high earners, at 37.1%, are above $3,000/week, indicating strong economic capacity throughout the suburb. Housing accounts for 14.7% of income while strong earnings rank residents within the 80th percentile for disposable income. The area's SEIFA income ranking places it in the 9th decile.

Ascot features a more urban dwelling mix with significant apartment living, with above-average rates of outright home ownership

Ascot's dwelling structure, as per the latest Census, consisted of 41.3% houses and 58.8% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Brisbane metro's 36.5% houses and 63.6% other dwellings. Home ownership in Ascot stood at 28.4%, with mortgaged dwellings at 28.0% and rented ones at 43.5%. The median monthly mortgage repayment was $2,400, higher than Brisbane metro's average of $2,167. The median weekly rent in Ascot was $390, compared to Brisbane metro's $410. Nationally, Ascot's mortgage repayments exceeded the Australian average of $1,863, while rents were above the national figure of $375.

Ascot features high concentrations of lone person households and group households, with a fairly typical median household size

Family households constitute 59.5 percent of all households, including 24.6 percent couples with children, 26.1 percent couples without children, and 7.2 percent single parent families. Non-family households comprise the remaining 40.5 percent, with lone person households at 34.8 percent and group households making up 5.6 percent of the total. The median household size is 2.2 people, which aligns with the Greater Brisbane average.

Educational achievement in Ascot places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

Educational attainment in Ascot is notably higher than broader benchmarks. 45.7% of residents aged 15 and above hold university qualifications, compared to 25.7% in Queensland (QLD) and 30.4% nationally. Bachelor degrees are most common at 31.9%, followed by postgraduate qualifications (10.3%) and graduate diplomas (3.5%). Vocational credentials are also prevalent, with 25.2% of residents holding such qualifications - advanced diplomas at 10.9% and certificates at 14.3%.

Educational participation is high, with 29.9% of residents currently enrolled in formal education. This includes 9.3% in tertiary education, 8.7% in primary education, and 6.6% pursuing secondary education. Ascot State School, established on August 1, 1954, serves the local educational needs within Ascot, with an enrollment of 633 students as of 2021. The school focuses exclusively on primary education, with secondary options available in surrounding areas from 2022 onwards. School places per 100 residents stand at 9.9, lower than the regional average of 13.7, indicating some students may attend schools outside Ascot.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis indicates 40 operational stops in Ascot offering train and bus services. These stops are served by 25 unique routes facilitating 1,472 weekly passenger trips collectively. Residential accessibility to transport is rated excellent with typical distances of 141 meters to the nearest stop.

Service frequency averages 210 daily trips across all routes, equating to approximately 36 weekly trips per individual stop.

Ascot's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Health outcomes data shows excellent results across Ascot, with very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 82% of the total population (5,299 people), compared to 71.3% across Greater Brisbane and a national average of 55.3%. The most common medical conditions in the area are mental health issues and asthma, impacting 7.5 and 7.4% of residents respectively, while 73.5% declare themselves completely clear of medical ailments compared to 73.7% across Greater Brisbane.

Ascot has 20.6% of residents aged 65 and over (1,329 people), higher than the 12.2% in Greater Brisbane. Health outcomes among seniors are particularly strong, broadly in line with the general population's health profile.

The level of cultural diversity witnessed in Ascot was found to be above average when compared nationally for a number of language and cultural background related metrics

Ascot's cultural diversity was above average, with 13.7% speaking a language other than English at home and 25.7% born overseas. Christianity was the predominant religion in Ascot, making up 57.8%, compared to 45.9% across Greater Brisbane. The top three ancestral groups were English (28.2%), Australian (20.7%), and Irish (11.7%).

Notably, Scottish ancestry was slightly overrepresented at 9.2% in Ascot versus 8.7% regionally, Samoan at 0.3% compared to 0.1%, and German at 4.1% versus 4.0%.

Ascot's population is slightly older than the national pattern

The median age in Ascot is 40 years, which is higher than Greater Brisbane's average of 36 years and exceeds the national average of 38 years. Compared to Greater Brisbane, Ascot has a notably higher percentage of the 65-74 age group (11.4% locally) and a lower percentage of 5-14 year-olds (10.2%). According to post-2021 Census data, the 65-74 age group increased from 9.0% to 11.4%, while the 75-84 cohort grew from 5.2% to 7.2%. Conversely, the 25-34 age group decreased from 15.4% to 13.9%. Population forecasts for 2041 indicate significant demographic changes in Ascot. The 75-84 age group is expected to grow by 101%, reaching 933 people from 464. Residents aged 65 and older are anticipated to represent 72% of the population growth, while the 5-14 and 0-4 age groups are projected to experience population declines.