Ascot Vale
Suburb profile, market snapshot and recent listings for Ascot Vale, VIC 3032.
About Ascot Vale
Welcome to Ascot Vale
Ascot Vale sits about six kilometres north-west of Melbourne's CBD, tucked between Moonee Ponds, Flemington, Maribyrnong and Essendon along the Maribyrnong River. It's a suburb built on a mix of Edwardian and Victorian streetscapes, wide tree-lined avenues and a solid dose of racing and sporting history, thanks to its proximity to Flemington Racecourse and Moonee Valley.
With a population of just over 15,000 and a median age of 37, Ascot Vale attracts a broad cross-section of buyers — young professionals after a period home with city access, downsizers drawn to its walkability, and families settling in for the long haul near well-regarded local schools.
Lifestyle & dining
Racecourse Road is the suburb's main artery for eating and drinking, lined with cafes, bakeries, wine bars and a strong Vietnamese and Italian food scene that spills over from neighbouring Flemington. It has the feel of an inner-city strip without the crowds, and locals tend to treat it as an extension of their own backyard. Union Road adds a second, quieter shopping and dining pocket, while the short hop to Moonee Ponds' Puckle Street widens the options further for those after a bigger night out or a wider retail spread.
Shopping
Beyond the cafes and boutiques of Racecourse Road and Union Road, Ascot Vale residents lean on nearby Moonee Ponds Central for full-line supermarkets, fashion and everyday retail, with Highpoint Shopping Centre in Maribyrnong also within easy reach for a bigger shop or a cinema trip. It's a suburb where day-to-day errands rarely require leaving the area, but larger retail therapy is only a short drive away.
Getting around
Ascot Vale is well served by the Craigieburn train line, with Ascot Vale and Newmarket stations both providing a direct run into the city in well under 20 minutes. Tram routes along Mount Alexander Road and bus connections through the suburb add flexibility for those without a car, while the CityLink and Flemington Road corridors make driving into the CBD or out towards the western suburbs straightforward. The Maribyrnong River trail also offers a scenic, car-free route for cyclists heading towards Footscray or the Docklands.
Schools & families
Families have several solid local options, including Ascot Vale Primary School and Ascot Vale West Primary School, both long-established options within the suburb, plus Ascot Vale Heights School catering to students with additional needs. SEDA College (Victoria) has a presence in the area through its Netball Ascot Vale program, reflecting the suburb's strong ties to sport. Secondary options in neighbouring Moonee Ponds and Essendon broaden the choice for older students.
Parks & recreation
Green space is one of Ascot Vale's strongest cards. The Maribyrnong River parklands wind along the suburb's western edge, offering walking and cycling tracks, picnic spots and river views, while Union Road Reserve and the open space around Flemington Racecourse add further room to move. The racecourse itself, home to the Melbourne Cup, is as much a community green space and event venue as a sporting venue, and Moonee Valley Racecourse is just next door in Moonee Ponds.
The property market
Ascot Vale's median house price sits at $1.21 million, having posted growth of 3.1% recently, a sign of steady rather than runaway demand. Units and apartments offer a considerably more accessible entry point at a median of $547,000, which helps explain why they make up 28% of current listings alongside a 15% share for townhouses; houses still dominate the market at 56% of stock, with land parcels a rare 1%. Median weekly rent of $773 reflects solid tenant demand in a suburb prized for its transport links and lifestyle, making it a popular choice for both owner-occupiers and investors weighing up the balance between period charm and city convenience.
Market snapshot
Ascot Vale property market
Median sale price
$1.21m
House · 3 bed
Median rent
$773
per week
Gross rental yield
3.3%
annual rent ÷ sale price
Typical price range
Entry
$894k
Median
$1.21m
Premium
$1.64m
Days on market
39
Auction clearance
71%
Sold this year
100
Median sold price trend · House 3 bed
Compound growth +0.1% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Ascot Vale by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Ascot Vale, VIC 3032.
Population
15,197
residents (2021)
Median age
37
years
Household income
$2,192
median, per week
Median rent
$370
per week
Median mortgage
$2,458
per month
Mortgage / income
26%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Ascot Vale
Government school catchment
Independent & Catholic schools
SEDA College (Victoria) - Netball Ascot Vale
Recent results
Recently sold in Ascot Vale
$520k
31/54 Epsom Road
Sold ~July 2026
$1.05m
23 Munro Street
Sold ~July 2026
$395k
5/26 Leonard Crescent
Sold ~July 2026
$300k
6/18A Bloomfield Road
Sold ~July 2026
$580k
2/14 Sandown Road
Sold ~July 2026
$1.47m
191 Maribyrnong Road
Sold ~July 2026
$1.52m
10 Charles Street
Sold ~July 2026
$1.40m
48 Charles Street
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Ascot Vale
Compare the area
Price map around Ascot Vale
Every listing for sale near Ascot Vale, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Ascot Vale suburb FAQ
What is the median property price in Ascot Vale?
The median house price in Ascot Vale, VIC is $1.21m for a 3-bedroom home. Over the past year, median sold prices have risen about 3.1%.
How much is rent in Ascot Vale?
The median weekly rent in Ascot Vale is around $773 per week.
Is Ascot Vale a good place to live?
Ascot Vale is an inner-city suburb in Melbourne, Victoria, Australia, 6 km (3.7 mi) north of Melbourne's Central Business District, located within the City of Moonee Valley local government area. Ascot Vale is an established residential suburb in VIC, with a population of around 15,197 and 4 schools in the area.
What is the population of Ascot Vale?
Ascot Vale has a population of 15,197 (ABS 2021 Census), with a median age of 37.
What schools are in Ascot Vale?
There are 4 schools in or near Ascot Vale, including Ascot Vale Heights School, Ascot Vale Primary School and Ascot Vale West Primary School.
How long do homes take to sell in Ascot Vale?
Properties in Ascot Vale take around 39 days to sell on average, with an auction clearance rate of about 71%.
How much do you need to buy in Ascot Vale?
Entry-level properties in Ascot Vale start around $894k, while premium homes reach $1.64m.
What suburbs are near Ascot Vale?
Suburbs near Ascot Vale include Moonee Ponds, Flemington, Maribyrnong, Essendon and Kensington.
Fresh to market
New this week in Ascot Vale
Sun-Filled Living with Space to Breathe in the Heart of Ascot Vale.
EFFORTLESS MODERN LIVING AND ULTIMATE CONVENIENCE!
Easy living with exceptional convenience
Classic Solid Brick Victorian with Exceptional Access and Endless Potential
Available now
Properties in Ascot Vale
Over 600sqm in blue chip location!
Expressions of Interest Closing 21st July at 4pm
Quintessential charm with extended finesse
Luxe Inner-City Racecourse Lifestyle with Timber Floors and Water Marina
Sun-Filled Living with Space to Breathe in the Heart of Ascot Vale.
Contemporary living with a studio surprise
EFFORTLESS MODERN LIVING AND ULTIMATE CONVENIENCE!
Luxurious Family Grandeur in a Coveted Riverside Locale
