Ascot Vale vs Flemington

Flemington (median $1,165,500) is roughly 9% cheaper to buy into than Ascot Vale ($1,275,000).

Buying in Ascot Vale or Flemington?

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Ascot Vale and Flemington side by side

MeasureAscot ValeFlemington
Price and market
Median house$1,275,000$1,165,500
Median unit$540,000$470,000
Renting
House rent$750/wk$760/wk
Unit rent$550/wk$560/wk
Owner occupied60.0%37.0%
Renter occupied38.0%61.0%
Schools
Schools nearby2020
Average ICSEA10861094
Lifestyle and people
Walk score66100
Transit score3030
Bike score100100
Population15,1977,025
Median age3734
Climate
Annual rainfall568 mm582 mm
Mean max, January26.8°C26.9°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Flemington scores higher on walkability (66/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Flemington (1094) sits above Ascot Vale (1086). Ascot Vale skews owner-occupied (60%), Flemington runs more rental-dense (37% owner).

For buyers
Flemington is the lower entry point at $1,165,500 median, 9% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Flemington offers the higher gross rental yield (3.39% vs 3.06%), favouring cash-flow investors.
For families
Flemington edges out on average school ICSEA (1094 vs 1086). Ascot Vale also has a higher family-household share (65% vs 50%), so the catchment community skews family-heavy.

Ascot Vale vs Flemington: common questions

Is Ascot Vale or Flemington cheaper to buy in?

Flemington has the lower median house price at $1,165,500, roughly 9% below Ascot Vale ($1,275,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Ascot Vale or Flemington have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Flemington scores 1094 vs 1086 in Ascot Vale. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Ascot Vale or Flemington?

Flemington scores 100/100 on walkability vs 66/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Ascot Vale or Flemington?

Gross rental yield on houses is 3.39% in Flemington vs 3.06% in Ascot Vale. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.