ABS 2021 Census · Updated 31 March 2026
Ascot Vale is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 15,197, making it a smaller community. Located approximately 6 km from the Melbourne CBD, Ascot Vale is a middle ring area in Victoria. The median household income is $113,984 AUD per year (ABS 2021 Census).
Ascot Vale benefits from a high-income resident base, supporting premium property pricing. Its proximity to the CBD adds a strong location premium.
Map shows Ascot Vale, Victoria, Australia.
Official Australia Post postcode for Ascot Vale. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 4 schools within or near this suburb based on ABS 2021 data.
Find schools near Ascot Vale on My School →Estimated 6 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →Ascot Vale's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links — making them attractive to families and long-term tenants. The median rent of $370/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,458/month. A median household income of $113,984/year supports premium property values and indicates a well-employed resident base.
With robust local demand and income levels, Ascot Vale is a natural candidate for patient investors.
Rental yields in Ascot Vale are moderate — screen for properties that offer above-average returns.
Older housing stock in Ascot Vale combined with strong buyer demand creates solid renovation upside.
Run the numbers on a Ascot Vale property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Ascot Vale is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Overall, investor sentiment toward Ascot Vale is positive, backed by solid fundamentals.
Ascot Vale is a middle ring area in Victoria with a population of 15,197. The median rent is $370/week and the median household income is $113,984/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Ascot Vale include established amenities and transport access. 41% of dwellings are separate houses. The area has approximately 4 schools and 6 parks nearby.
According to the ABS 2021 Census, Ascot Vale has a population of approximately 15,197. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Ascot Vale is approximately 6 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.