Ascot: The Affluent Suburb

Yabba St Ascot QLD

Image from Wikipedia

Ascot, located about 6.5 km north-east of Brisbane, is known for grand Queenslander homes and the scenic Poinciana tree-lined shopping district of Racecourse Road, and the Doomben and the Eagle Farm racecourses.

It is one of Brisbane’s most prestigious suburbs and is located between two of Brisbane’s rich suburbs, Hamilton and Clayfield.

You will experience different parts of Ascot – hilly areas with beautiful views and flat leafy areas.


Total Population: 5730 (2016 Census)

  • Median Household Income ($/weekly): $1697
  • Median Age of Persons: 37
  • Average Household Size: 2.3

Property Statistics

  • Dwelling Type – Separate house: 57.3%; Flat, unit or apartment: 31.3%
  • Homes fully owned: 27.9%
  • Being purchased through home loan mortgage – 28.1%
  • Rented – 43.4%
  • House median sale price – $1,515,000 (as of Dec 2020)
  • Unit median sale price – $440,000
  • Median rent per week (House) – $800 (as of Dec 2020)
  • Median rent per week (House) – $400 (as of Dec 2020)

Available Properties in Ascot & Surrounds

$500 + sleepout inc yard maint
$575 Multiple living Mansfield Catchment

Ascot Lifestyle

This picturesque suburb is known for its grand Queenslander homes and the range of entertainment options it offers. It has attracted plenty of established families who are excited to live in one of those lovely heritage homes that line the streets.

The neighbourhood is safe and clean. With an abundance of greenery and beautiful parks, Ascot is a great place to live.

Probably because of the suburb’s majestic homes and million-dollar property price tag, it has attracted the affluent crowd. Most of the families living there like the suburb for its family-friendly vibe, parks, playgrounds and the best schools nearby.

Oriel Park is the resident’s go-to place for any social occasion, with plenty of shade, playground equipment and barbeque areas.

Entertainment and other Attractions

Ascot Eaglefarm RacecourseLandmarks

Several heritage-listed sites are located in Ascot:

  • Eagle Farm Racecourse
  • Ascot Railway Station
  • Musket Villa
  • Ascot State School
  • Chateau Nous
  • Windermere House

Race Horsing

Quiet Ascot is not without its lively entertainment options. Ascot has long been associated with Queensland’s race horsing industry. It is the home to two of the most well-known racecourses in Brisbane:

  • Doomben
  • Eagle Farm

These facilities take up more than a third of the suburb. A large number of visitors flocks to the suburb every racing season.

  • Eagle Farm Racecourse is Queensland’s biggest capacity racecourse and hosts the state’s biggest race, Stradbroke. Aside from the racecourse, it features separate facilities for race day hospitality and corporate functions and events on non-race days.
  • Doomben Racecourse holds the Doomben Cup, its premier event held every May. It also features race day facilities, as well as function rooms for non-race days and events.

It doesn’t quiet down when racing season ends. The betting ground may be gone, but the open space remains a hive of activity with weekly markets, where you can find produce, food stalls, and all kinds of merchandise.

Racecourse Road

Racecourse Road is one of Brisbane’s best dining strips, extending from Eagle Farm and the Brisbane River. Split between Ascot and Hamilton, this area offers plenty of dining options, grocery stores and bars to serve both locals and visitors.

Locals also go to nearby suburbs, Hamilton and Clayfield, for more café, bar and shop options.

Public Transport

Residents have access to Citytrain services via:

  • Ascot railway station
  • Doomben railway station.

It is near the Brisbane Airport, which when combined with the large estates and beautiful tree-lined streets woos the wealthy jet-setters.


Ascot is home to the best schools. There is a kindergarten and pre-school and well as two schools:

  • Ascot State School, a public primary school, and
  • St Margaret’s Anglican Girls School, a private primary and secondary school for girls.

Though there is no public secondary school in Ascot, neighbouring suburbs Hendra and Kendron have them.

Ascot is attracting the interest of affluent buyers with large acre properties and lively entertainment precincts.

The suburb’s main attractions are its wide streets, large estates and convenience, as well as its relative worth compared to the richest suburbs in Melbourne or Sydney.

Though Ascot is best known for the iconic Queenslander homes, but it also has newly constructed homes and apartments, many of them located in the Ascot Green Complex, a residential district that overlooks the Eagle Farm racecourse.