Ascot Vale
The median rent for a 2-bedroom unit in Ascot Vale is $550 a week for leases that started in the year to September 2025, up 5.8% on a year earlier. That is in line with the typical 2-bedroom unit rent across Melbourne. The median sale price in the Mar 2026 quarter was $1,250,000 for a house and $635,000 for a unit. A year of rent for that home is about 5.3% of its median sale price (gross rental yield). The rent data covers Moonee Ponds-Ascot Vale as one area, so these rent figures are shared by Ascot Vale, Moonee Ponds.
Median rent in Ascot Vale
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $450 | 0.0% | 345 |
| 2-bedroom unit | $550 | +5.8% | 461 |
| 3-bedroom unit | $730 | +1.4% | 88 |
| 2-bedroom house | $620 | 0.0% | 118 |
| 3-bedroom house | $750 | +3.4% | 185 |
| 4-bedroom house | $995 | +4.7% | 80 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $1,250,000 | Mar 2026 quarter |
| Unit | $635,000 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Blackburn $550 a week
- Cheltenham $550 a week
- Coburg $550 a week
- Mentone $550 a week
- Mordialloc $550 a week
- Parkdale $550 a week