3/40 Upper Lancaster Road, Ascot, QLD 4007 | Unit for sale | OnTheHouse
FOR SALE
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3/40 Upper Lancaster Road
Ascot QLD 4007

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 112m2
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Lifestyle, Location and Convenience in the Heart of Ascot

Positioned in one of Brisbane's most tightly held blue-chip suburbs, this beautifully updated apartment delivers low-maintenance living with style, space, and an elevated outlook. Combining modern finishes with everyday functionality, it offers a move-in ready opportunity in a location known for prestige, convenience, and long-term value.
Designed for comfortable living, the apartment features a renovated kitchen with quality cabinetry, generous bench space, and breakfast seating that connects effortlessly to the open-plan dining and living zone. Sliding doors open to a private balcony capturing elevated views across the surrounding streetscape and skyline - creating the perfect setting for morning coffee or evening relaxation. Two well-proportioned bedrooms are supported by two bathrooms, offering flexibility for professionals, couples, guests, or shared living.
Located in the heart of Ascot, this address places you within easy reach of renowned dining precincts, boutique shopping, transport links, and some of Brisbane's most respected schools. Whether you're an owner-occupier seeking lifestyle or an investor targeting a premium suburb, this is an opportunity to secure a quality residence in a highly desirable location.
Property Hallmarks:
� Renovated kitchen with modern finishes, ample storage and breakfast seating
� Open-plan living and dining areas; connected layout for everyday comfort
� Private balcony with an outlook ideal for relaxing or entertaining
� Two-bedroom configuration; practical layout with built-in flexibility
� Two bathrooms adding convenience for couples, guests or shared living
� Air conditioning and ceiling fans for year-round comfort
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Property Details for 3/40 Upper Lancaster Rd, Ascot

3/40 Upper Lancaster Rd, Ascot is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 112m2. The place is currently for sale with LJ Hooker Oxenford.

Building Type
Unit
Floor Size
112m2
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About Ascot 4007

The size of Ascot is approximately 2.8 square kilometres. There are 7 parks, covering nearly 34.1% of the total area. The population of Ascot in 2016 was 5777 people. By 2021 the population was 6531 showing a population growth of 13.0% in the area during that time. The predominant age group in Ascot is 30-39 years. Households in Ascot are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ascot work in a professional occupation.In 2021, 56.10% of the homes in Ascot were owner-occupied compared with 54.70% in 2016.

Ascot has 3,701 properties. Over the last 5 years, Houses in Ascot have seen a 50.65% increase in median value, while Units have seen a 119.15% increase. As at 31 May 2026:

  • The median value for Houses in Ascot is $2,855,409 while the median value for Units is $1,014,056.
  • Houses have a median rent of $1,295 while Units have a median rent of $670.
There are currently 21 properties listed for sale, and 8 properties listed for rent in Ascot on OnTheHouse. According to Cotality's data, 177 properties were sold in the past 12 months in Ascot.

Suburb Insights for Ascot 4007

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Lj Hooker Oxenford
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LJ Hooker Oxenford
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.