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Sales Activity
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Population
Ascot lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
As of Nov 2025, the estimated population of the suburb of Ascot (WA) is around 3,471, reflecting a growth of 376 people since the 2021 Census. This increase represents a 12.1% change from the previous population count of 3,095. The latest resident population estimate by AreaSearch, based on examination of the ABS ERP data release in June 2024 and validation of new addresses, is 3,469. This results in a density ratio of 923 persons per square kilometer, comparable to averages seen across other locations assessed by AreaSearch. The suburb's growth rate since the 2021 Census exceeded the national average of 8.9%, making it a growth leader in the region. Overseas migration was the primary driver of population gains during recent periods.
For future projections, AreaSearch is utilising ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for each SA2 area, and ABS Greater Capital Region projections released in 2023 based on 2022 data for areas not covered by this data. By 2041, the suburb is projected to expand by 745 persons, reflecting a total increase of 20.5% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions Ascot among the top 25% of areas assessed nationwide
AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, shows Ascot experienced around 19 dwelling approvals annually over the past five financial years, totalling an estimated 95 homes. So far in FY-26, 5 approvals have been recorded. Over these five years, an average of 3.2 people moved to the area per dwelling built. This outpaces supply, potentially putting upward pressure on prices and increasing buyer competition.
New dwellings are developed at an average cost of $410,000. In FY-26, there have been $19.6 million in commercial approvals, indicating steady investment activity. Compared to Greater Perth, Ascot maintains similar construction rates per person, preserving market equilibrium. Building activity shows 24.0% detached dwellings and 76.0% townhouses or apartments, a shift from the current housing mix of 71.0% houses. This change reflects reduced development site availability and shifting lifestyle demands.
With around 100 people per dwelling approval, Ascot exhibits growth area characteristics. Looking ahead, AreaSearch estimates Ascot will grow by 713 residents through to 2041, with building activity keeping pace with these projections despite potential heightened competition as the population grows.
Frequently Asked Questions - Development
Infrastructure
Ascot has strong levels of nearby infrastructure activity, ranking in the top 40% nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 25 projects likely to affect the area. Notable ones are Belmont Oasis Leisure Centre Redevelopment and Upgrades, Bel-Air Apartments - Great Eastern Highway, Perth Airport New Runway, and Wyndham Hotel Ascot (250 Great Eastern Highway). The following list details those most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
METRONET East Bayswater Redevelopment
The Bayswater Project Area forms part of METRONET East, encompassing precincts around the new Bayswater Station. It integrates station upgrades with future development of surrounding areas to revitalize the town centre into a vibrant, connected, and modern community. Features a new planning framework including Redevelopment Scheme adopted in May 2021, Bayswater Structure Plan, and Design Guidelines adopted in March 2022 allowing buildings up to 15 stories in central areas.
Belmont Oasis Leisure Centre Redevelopment and Upgrades
Ongoing upgrade and refurbishment works at the Belmont Oasis Leisure Centre. The project has included a $1.7 million investment by the City of Belmont for upgrades such as the refurbishment of the health club, group fitness rooms, change rooms, reception, and the installation of a new pool filter and access gates. Earlier feasibility studies also explored the replacement of the outdoor 25m pool with a new contemporary multi-use pool.
Redcliffe Development Area 6 (DA6)
Significant redevelopment area around Redcliffe and Perth Airport. Vision includes up to 13-storey developments, mixed-use buildings, and improved transport connections. Part of broader airport precinct transformation.
Forrestfield North Residential Precinct
Major residential development surrounding the new High Wycombe train station. Part of broader District Structure Plan including high density housing, activity centre and commercial precinct. Leveraging proximity to new airport rail link.
Perth Airport New Runway
Perths New Runway will deliver a new 3,000m long, 45m wide runway (03R/21L) parallel to the existing main runway at Perth Airport. The project includes associated taxiways, lighting, navigational aids, drainage and airfield infrastructure to increase capacity, reduce congestion at peak periods and improve operational efficiency for domestic and international services. The Major Development Plan and environmental offsets have been approved, early works are underway and procurement for major landside works is progressing as part of Perth Airports wider 5 billion dollar One Airport expansion program, with the new runway scheduled to be operational around 2028.
Great Eastern Highway Urban Corridor Strategy
Strategic framework for development along Great Eastern Highway dividing the corridor into four precincts. Addresses land use, built form, public realm and access with mixed-use development opportunities, enhanced pedestrian/cyclist amenity, and community places at major intersections.
Garvey Park Foreshore Stabilisation Section 2
Restoration and upgrade of the Garvey Park foreshore Section 2, a 330m section between Ascot Kayak Club and Hilton Grove, to address erosion. The works include removal of existing timber walls, installation of limestone block walls and rock revetments for stabilisation, a new footpath and walkways, a floating jetty upgrade, and formalisation of the overflow carpark. It also includes revegetation to improve ecological connectivity and community access.
Wyndham Hotel Ascot (250 Great Eastern Highway)
15-storey, 226-key hotel with public rooftop restaurant and bar, gym, swimming pool, and 132 parking spaces. Includes 22 serviced apartments on upper levels and conference facilities. Strategic location near Perth Airport and major arterial roads, overlooking the Swan River and racecourse.
Employment
Employment performance in Ascot has been broadly consistent with national averages
Ascot has a well-educated workforce with strong representation in manufacturing and industrial sectors. The unemployment rate is 3.9%, and there was an estimated employment growth of 3.7% over the past year, according to AreaSearch's aggregation of statistical area data.
As of June 2025, 2,178 residents are employed, with an unemployment rate in line with Greater Perth's at 3.9%. Workforce participation is lower than standard at 61.7% compared to Greater Perth's 65.2%. The leading employment industries among residents are health care & social assistance, mining, and professional & technical services. Mining has a particularly notable concentration with employment levels at 1.6 times the regional average.
Manufacturing has limited presence, with only 3.2% of employment compared to the regional average of 5.5%. The ratio of 0.8 workers per resident indicates substantial local employment opportunities. Between June 2024 and June 2025, employment levels increased by 3.7%, and labour force grew by 3.2%, resulting in a decrease in unemployment by 0.4 percentage points. In contrast, Greater Perth saw employment rise by 3.7%, labour force grow by 3.8%, but unemployment rose by 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest potential future demand within Ascot. These projections estimate national employment growth at 6.6% over five years and 13.7% over ten years, with varying rates across industry sectors. Applying these projections to Ascot's employment mix suggests local employment should increase by 6.3% over five years and 13.3% over ten years, based on a simple weighting extrapolation for illustrative purposes.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
AreaSearch released postcode level ATO data for financial year 2022. Ascot's median income among taxpayers was $68,617 with an average of $84,134. These figures were among the highest in Australia compared to Greater Perth's median of $58,380 and average of $78,020. By September 2025, estimated incomes would be approximately $78,361 (median) and $96,081 (average), based on a 14.2% Wage Price Index growth since financial year 2022. Ascot's household, family, and personal incomes ranked highly in the 2021 Census figures, between the 70th and 81st percentiles nationally. The predominant earnings cohort was 32.7% of locals (1,135 people) earning $1,500 - 2,999 per week, similar to the surrounding region at 32.0%. Economic strength was evident with 32.2% of households earning over $3,000 weekly, supporting high consumer spending. Housing accounted for 14.0% of income, while strong earnings placed residents in the 73rd percentile for disposable income. The area's SEIFA income ranking placed it in the 8th decile.
Frequently Asked Questions - Income
Housing
Ascot is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
Ascot's dwelling structure, as per the latest Census, comprised 70.6% houses and 29.4% other dwellings (semi-detached, apartments, 'other' dwellings). Perth metro had 60.5% houses and 39.6% other dwellings. Home ownership in Ascot was 35.8%, with mortgaged dwellings at 33.4% and rented ones at 30.8%. The median monthly mortgage repayment was $2,167, above Perth metro's average of $1,842. Median weekly rent in Ascot was $400, compared to Perth metro's $350. Nationally, Ascot's mortgage repayments were higher at $2,167 vs Australia's $1,863, and rents were also higher at $400 vs Australia's $375.
Frequently Asked Questions - Housing
Household Composition
Ascot features high concentrations of group households, with a fairly typical median household size
Family households constitute 69.8% of all households, including 24.1% couples with children, 36.4% couples without children, and 6.4% single parent families. Non-family households account for the remaining 30.2%, with lone person households at 25.8% and group households comprising 4.5%. The median household size is 2.3 people, which aligns with the Greater Perth average.
Frequently Asked Questions - Households
Local Schools & Education
Ascot demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics
The area's educational profile is notable regionally with university qualification rates of 33.9% among residents aged 15+, surpassing both the WA average of 27.9% and the SA4 region average of 29.9%. Bachelor degrees are most prevalent at 22.6%, followed by postgraduate qualifications (7.8%) and graduate diplomas (3.5%). Vocational credentials are also common, with 34.9% of residents aged 15+ holding such qualifications - advanced diplomas account for 12.7% while certificates make up 22.2%.
Educational participation is high at 28.9%, including 7.7% in primary education, 7.1% in secondary education, and 7.1% pursuing tertiary education. Educational facilities appear to be located outside the immediate catchment boundaries, requiring families to access schools in neighboring areas.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
The analysis of public transport in Ascot shows that there are currently 14 operational transport stops. These stops offer bus services only. There are 11 different routes serving these stops, which together facilitate approximately 1,789 weekly passenger trips.
The accessibility to these transport services is considered good, with residents generally located about 264 meters away from the nearest stop. On average, there are around 255 trips per day across all routes, resulting in roughly 127 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
The level of general health in Ascot is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions
Ascot exhibits superior health outcomes, with both younger and older age groups showing low prevalence of common health conditions. Approximately 61% (2,103 people) have private health cover, exceeding Greater Perth's 56.5%. Nationally, this figure stands at 55.3%.
The most prevalent medical conditions are arthritis (7.8%) and mental health issues (6.5%), with 72.3% reporting no medical ailments, compared to 73.7% in Greater Perth. Ascot has a higher proportion of seniors aged 65 and over at 22.6% (784 people), against Greater Perth's 14.2%. Health outcomes among seniors are notably strong, outperforming the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
Ascot was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Ascot's population shows greater linguistic diversity, with 20.9% speaking a language other than English at home, compared to most local markets. Born overseas, 38.0% of Ascot residents were born outside Australia. Christianity is the predominant religion in Ascot, comprising 49.3%.
Judaism, however, is more prevalent in Ascot at 0.3%, higher than Greater Perth's 0.1%. English ancestry leads with 27.7%, followed by Australian at 17.8% and Other at 10.7%, lower than the regional average of 15.7%. Notably, South African (1.1%), French (0.7%), and Polish (0.9%) ancestries are overrepresented in Ascot compared to regional averages.
Frequently Asked Questions - Diversity
Age
Ascot hosts an older demographic, ranking in the top quartile nationwide
The median age in Ascot is 46 years, notably higher than Greater Perth's average of 37 years and also above Australia's median age of 38 years. Compared to Greater Perth, the 55-64 age cohort is significantly over-represented in Ascot at 15.4%, while the 5-14 age group is under-represented at 7.0%. Between the 2021 Census and the present time, the proportion of the population aged 15 to 24 has increased from 10.8% to 11.7%. Conversely, the proportion of those aged 45 to 54 has decreased from 14.4% to 13.6%. Population forecasts for Ascot in 2041 indicate substantial demographic changes. The 75-84 age cohort is projected to grow significantly by 196 people, an increase of 83%, from 236 to 433 individuals. The aging population trend is evident, with those aged 65 and above comprising 62% of the projected growth. Conversely, the 0-4 and 5-14 age cohorts are expected to experience population declines.