Average rent in Ascot Vale, VIC2026

Ascot Vale sits in the Moonee Valley local government area, 5km from the Melbourne CBD, with a population of around 15,191 at the most recent ABS Census (2021). The typical renter pays $370/week — above the Victoria state median of $363/week. 38% of households rent, and the rest own outright or are paying off a mortgage.

$370/wk

ABS 2021 Census median

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Suburb at a glance

Population
15,191

ABS 2021

Median age
37
Distance to Melbourne
5 km
Households renting
38%
Separate houses
46%
Flats / apartments
31%
Born overseas
28%
Top occupation
Professionals
LGA
Moonee Valley

Renting in Ascot Vale

Ascot Vale runs roughly with the Victoria state median — renters typically pay $370/week, close to the $363/week state baseline (ABS Census 2021). Most households here own (60% are owners or paying off a mortgage) and only 38% rent. Separate houses dominate the housing stock (46%), which gives the suburb a quieter, family-leaning feel — borne out by a median age of 37 and a population around 15,191. The most common occupation is Professionals, and 28% of residents were born overseas. Ascot Vale is 5km from Melbourne, and rent trajectories here tend to track the state average rather than running ahead of it — but state rent indices have moved since 2021, so double-check against the live figure above.

Frequently asked questions

What's the median rent in Ascot Vale?+
According to the ABS 2021 Census, the median weekly rent in Ascot Vale, VIC was $370. The live figure at the top of this page reflects what RenterSay users have reported more recently. State-wide rent indices suggest the 2021 number is by now well behind current asking rents — use it as a baseline, not a quote.
How does Ascot Vale rent compare to Victoria?+
The Victoria state median weekly rent was $363 at the 2021 Census, while Ascot Vale came in at $370 — 2% above. Ascot Vale sits 5km from Melbourne, and rent tends to scale roughly with CBD proximity, transit access, and dwelling type mix (which here is 46% separate houses and 31% flats).
Which suburbs near Ascot Vale have lower rent?+
A few nearby suburbs come in cheaper than Ascot Vale's $370/week (ABS 2021): Pakenham - South West, Kingsbury, Tarneit - South. On the higher end, you've got Craigieburn - North, Reservoir - North West, Sunbury. Just remember that cheaper rent doesn't always mean better value — commute times, transit access, and the actual condition of the housing stock matter too. You can add to the live picture for your area using the rent submission form below.

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