Ascot (Brisbane - Qld)

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

As of November 2025, the estimated population of the suburb of Ascot (Brisbane - Qld) is around 7,292. This reflects an increase of 761 people since the 2021 Census, which reported a population of 6,531. The latest resident population estimate by AreaSearch is 7,157, based on examination of the ABS ERP data release from June 2024 and an additional 228 validated new addresses since the Census date. This results in a population density ratio of 2,604 persons per square kilometer for Ascot, placing it in the upper quartile relative to national locations assessed by AreaSearch. The suburb's population growth rate of 11.7% since the 2021 census exceeded both the national average (8.9%) and state average. Overseas migration contributed approximately 55% of overall population gains during recent periods, with all migration drivers being positive factors.

For projections, AreaSearch adopts ABS/Geoscience Australia data for each SA2 area released in 2024 using 2022 as the base year. For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections from 2023 based on 2021 data are used, with proportional growth weightings applied for age cohorts based on ABS Greater Capital Region projections released in 2023 using 2022 data. According to aggregated SA2-level projections, the suburb of Ascot is expected to increase by 1,401 persons to reach a total population of 8,693 by 2041, reflecting an overall increase of 17.4% over the 17-year period.

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

AreaSearch analysis of ABS building approval numbers shows Ascot has received around 71 dwelling approvals per year on average over the past five financial years, totalling an estimated 357 homes. By FY26, 74 approvals have been recorded. Each new dwelling built between FY21 and FY25 has resulted in an average of 2.1 new residents per year, indicating strong demand supporting property values. The average construction cost value for these dwellings is $843,000, suggesting a focus on the premium segment with upmarket properties.

This financial year, Ascot has seen $6.8 million in commercial development approvals, reflecting its primarily residential nature. New building activity consists of 5.0% detached dwellings and 95.0% medium to high-density housing, marking a shift from existing patterns (currently 43.0% houses). This denser development provides accessible entry options for downsizers, investors, and first-time buyers, potentially driven by diminishing developable land availability and evolving lifestyle preferences. The area has approximately 336 people per dwelling approval, leaving room for growth.

Population forecasts indicate Ascot will gain 1,268 residents by 2041. With current construction levels, housing supply should meet demand adequately, creating favourable conditions for buyers while potentially allowing population growth to exceed current forecasts.

Ascot has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Infrastructure changes significantly influence an area's performance. AreaSearch has identified 37 projects likely impacting the area. Notable ones are Oriel Park Masterplan by Mirvac, The Windermere, Platinum at Hamilton (previously Icon), and Northshore Hamilton Street Renewal. Relevant projects are detailed below.

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

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AreaSearch analysis places Ascot well above average for employment performance across multiple indicators

Ascot's workforce comprises highly educated individuals with significant representation in professional services. The unemployment rate stands at 3.0%, lower than the Greater Brisbane average of 4.1%.

Between June 2024 and June 2025, employment grew by an estimated 3.8%. As of June 2025, 4,391 residents are employed, with a participation rate similar to Greater Brisbane's 64.5%. Key industries include professional & technical (employing 1.7 times the regional average), health care & social assistance, and retail trade. Manufacturing employs only 3.4% of local workers, compared to Greater Brisbane's 6.4%.

Many residents commute elsewhere for work. In the year ending June 2025, employment increased by 3.8%, labour force by 3.0%, reducing unemployment by 0.7 percentage points. By comparison, Greater Brisbane recorded employment growth of 4.4% and unemployment fell by 0.4 percentage points. Jobs and Skills Australia's forecasts from Sep-22 project national employment to expand by 6.6% over five years and 14.3% over ten years. Applying these projections to Ascot's employment mix suggests local employment should increase by 7.1% over five years and 14.3% over ten years, though this is a simplified extrapolation for illustrative purposes only.

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 ending June 2022 shows median income in Ascot at $67,199 and average income at $125,495. In Greater Brisbane, median income was $55,645 and average income was $70,520. By September 2025, estimated incomes would be approximately $76,600 (median) and $143,052 (average), based on Wage Price Index growth of 13.99% since financial year ending June 2022. According to the 2021 Census, household, family, and personal incomes in Ascot rank between the 80th and 89th percentiles nationally. In Ascot, 27.4% of residents earn over $4,000 weekly, compared to the broader area where 33.3% earn between $1,500 and $2,999 weekly. Higher earners are prominent, with 37.5% exceeding $3,000 weekly. Housing accounts for 14.5% of income, and residents rank in the 81st 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 structures, as per the latest Census, consisted of 42.9% houses and 57.2% other dwellings. Brisbane metro had no reported data for these categories at that time. Home ownership in Ascot stood at 28.9%, with mortgaged properties at 29.2% and rented dwellings at 41.8%. The median monthly mortgage repayment was $2,400, aligning with Brisbane metro's figure. Median weekly rent in Ascot was $390, while Brisbane metro had no reported data for this category. Nationally, Ascot's mortgage repayments were higher than the Australian average of $1,863, and rents exceeded the national figure of $375.

Ascot features high concentrations of lone person households and group households, with a median household size of 2.3 people

Family households constitute 60.4% of all households, including 25.7% couples with children, 25.7% couples without children, and 7.4% single parent families. Non-family households comprise the remaining 39.6%, with lone person households at 34.2% and group households making up 5.2%. The median household size is 2.3 people.

Ascot demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Educational attainment in Ascot is notably high, with 46.0% of residents aged 15+ holding university qualifications, compared to 25.7% in Queensland (QLD) and 30.4% nationally. Bachelor degrees are the most common at 32.1%, followed by postgraduate qualifications at 10.4% and graduate diplomas at 3.5%. Vocational pathways account for 24.5% of qualifications, with advanced diplomas at 10.7% and certificates at 13.8%. Educational participation is high, with 32.5% of residents currently enrolled in formal education, including 9.6% in tertiary, 9.3% in secondary, and 8.6% in primary education.

Ascot State School and St Margaret's Anglican Girls School serve a total of 2,040 students. The area has strong socio-educational advantages and academic achievement, with an ICSEA score of 1149. There is one primary school and one K-12 school in the area, providing 28.0 school places per 100 residents. This demonstrates a robust educational infrastructure serving both local and surrounding communities.

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

Transport analysis indicates 43 active transport stops operating within Ascot. These include a mix of train and bus services. There are 25 individual routes servicing these stops, collectively providing 1,472 weekly passenger trips.

Transport accessibility is rated excellent, with residents typically located 146 meters from the nearest stop. Service frequency averages 210 trips per day across all routes, equating to approximately 34 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

Ascot exhibits impressive health outcomes, with very low prevalence of common health conditions across all age groups. The private health cover rate is notably high at approximately 77% of the total population (5,609 people), surpassing the national average of 55.3%.

Mental health issues and asthma are the most prevalent medical conditions in the area, affecting 7.5 and 7.4% of residents respectively. A significant majority, 74.0%, report being completely clear of medical ailments, contrasting with 0% reported across Greater Brisbane. Ascot has 19.7% of its population aged 65 and over (1,436 people), with seniors' health outcomes aligning closely with the general population's 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 found to be above average, with 13.7% of its population speaking a language other than English at home and 25.4% born overseas. Christianity is the predominant religion in Ascot, accounting for 58.4% of its residents. This contrasts with None% across Greater Brisbane.

The top three ancestry groups in Ascot are English (27.9%), Australian (21.0%), and Irish (11.8%). Notably, Scottish ancestry is overrepresented at 9.1%, compared to None% regionally. Samoan and Welsh ancestries are also present at 0.3% and 0.6% respectively, not typically seen in the broader Greater Brisbane area.

Ascot's population aligns closely with national norms in age terms

The median age in Ascot is 39 years, slightly higher than Greater Brisbane's average of 36 years and close to Australia's median of 38 years. Compared to Greater Brisbane, Ascot has a higher proportion of residents aged 65-74 (10.9%) but fewer residents aged 0-4 (3.6%). Between the 2021 Census and now, the proportion of residents aged 65-74 has increased from 8.9% to 10.9%, while those aged 75-84 have risen from 4.9% to 6.8%. Conversely, the proportion of residents aged 25-34 has decreased from 14.8% to 13.3%. By 2041, Ascot's age composition is expected to shift significantly. The 75-84 age group is projected to grow by 99%, reaching 987 people from 495. This growth will be led by those aged 65 and above, who are expected to comprise 67% of the population growth. Meanwhile, population declines are projected for the 5-14 and 0-4 age cohorts.