All About Ascot, Belmont, WA, 6104

Ascot, a suburb within Belmont, Western Australia, presents a unique and attractive option for potential homeowners and investors in the housing market. Known for its tranquil riverside setting along the Swan River, Ascot offers a mix of residential options, from quaint cottages to modern apartments. The housing market here has been characterized by its relatively stable growth, often appealing to those looking for a balance between suburban calm and access to urban amenities. The proximity to Perth’s central business district, just a short drive away, adds to its allure by offering a seamless blend of convenience and lifestyle. Additionally, Ascot's property market has received attention due to ongoing development projects that promise to enhance local infrastructure and amenities, potentially increasing property values over time.

Living in Ascot provides residents with a serene, community-focused lifestyle, enriched by the picturesque natural surroundings and the lively Belmont cityscape. The suburb features numerous parks, recreational facilities, and walking trails, making it an ideal location for families and outdoor enthusiasts. The nearby Ascot Racecourse, famous for its horse racing events, offers an added cultural and recreational dimension to life in this suburb. Residents enjoy a range of local amenities, including shopping centers, schools, and healthcare facilities, which contribute to a comfortable and convenient daily life. The sense of community is further reinforced by various local events and activities that foster neighborly connections. Overall, living in Ascot, Belmont, offers a blend of peaceful residential living with the vibrancy and convenience of suburban life.

Ascot Real Estate Market Outlook

Thinking about buying in Ascot? Now could not be a better time, with 2214 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $897,000 with prices in this suburb ranging from $399,000 to $3,409,000. The aproximate distance to the coast is 14 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Ascot are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Ascot changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Ascot necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

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General Points of Interest

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