All About Ascot Vale, Moonee Valley, VIC, 3032

Ascot Vale, a charming suburb within the Moonee Valley City Council of Victoria, has increasingly become a desirable location for a diverse range of homebuyers. The housing market here reflects a blend of Victorian and Edwardian homes that exude historical charm, alongside modern apartments and townhouses that cater to contemporary living demands. In recent years, property values in Ascot Vale have shown consistent growth, driven by its proximity to Melbourne's central business district and its appeal as a family-friendly area with plenty of amenities. The market offers various options, from spacious family homes with period features to sleek, modern apartments that attract young professionals. The area's ongoing development and gentrification have also contributed to its robust real estate performance, making it an attractive investment opportunity for many.

Living in Ascot Vale offers residents a vibrant and convenient lifestyle characterized by a strong sense of community and an abundance of recreational opportunities. The suburb is well-served by public transport options, including trams and trains, ensuring seamless connectivity to Melbourne's city center and beyond. Local amenities are plentiful, with a wide array of cafes, restaurants, and shops lining Union Road and nearby Puckle Street, providing countless dining and shopping experiences. For outdoor enthusiasts, the Maribyrnong River and nearby parks offer picturesque settings for walking, cycling, and picnicking. Moreover, the area's renowned schools and community facilities make it an ideal location for families seeking quality education and an enriched upbringing for their children. Ascot Vale's unique blend of historical charm and modern convenience makes it a lively and attractive place to call home.

Ascot Vale Real Estate Market Outlook

Thinking about buying in Ascot Vale? Now could not be a better time, with 9090 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,423,000 with prices in this suburb ranging from $240,000 to $8,946,000. Ascot Vale is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Ascot Vale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Ascot Vale ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Ascot Vale classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Ascot Vale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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