Flemington vs Ascot Vale

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

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Flemington and Ascot Vale side by side

MeasureFlemingtonAscot Vale
Price and market
Median house$1,165,500$1,275,000
Median unit$470,000$540,000
Renting
House rent$760/wk$750/wk
Unit rent$560/wk$550/wk
Owner occupied37.0%60.0%
Renter occupied61.0%38.0%
Schools
Schools nearby2020
Average ICSEA10941086
Lifestyle and people
Walk score10066
Transit score3030
Bike score100100
Population7,02515,197
Median age3437
Climate
Annual rainfall582 mm568 mm
Mean max, January26.9°C26.8°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 (100/100 vs 66/100 ), 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.

Flemington vs Ascot Vale: common questions

Is Flemington or Ascot Vale 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 Flemington or Ascot Vale 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, Flemington or Ascot Vale?

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, Flemington or Ascot Vale?

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.