Market snapshot

Suburb insights for Ascot Vale3032

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Ascot Vale, about 6 km from Melbourne’s CBD, is a well-connected suburb offering a mix of heritage homes, modern apartments, and riverside parklands. With its vibrant Union Road shopping strip, close proximity to Flemington Racecourse, and strong tram and train links, it attracts professionals, couples, and young families.

Recent sales and auction results in Ascot Vale

AddressBedroomsPriceTypeMethodSale DateAgentListing
198 Ascot Vale Rd, Ascot Vale3PriceHousePrivate Sale7/07/2026McDonald UptonView

Sales data

Median sale price
$1.5mil
Quarterly price change
18.8%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsAscot ValeMetro comparison
2$1,101,000$950,000
3$1,282,500$872,000
4$1,652,500$990,000
InsightAscot ValeMetro comparison
Clearance rate81.3%68.8%
Days on market2842

Rental data

Median weekly rent
$730
Rental yield
2.7%
Metro Melbourne Comparison
$580
3.1%
BedroomsAscot ValeMetro comparison
2$650$600
3$775$560
4$940$600
Median data for the current quarter
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