3/40 Upper Lancaster Rd, Ascot is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 135m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Unit sold in Ascot in the last 12 months.
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 Low-maintenance lifestyle in a premium suburbLocation & Infrastructure 3-minute walk to Racecourse Road cafs and dining 5-minute walk to local bus transport 7-minute walk Ascot State School 10-minute drive to Brisbane Airport 12-minute drive to Royal Brisbane and Woman's Hospital 15-minute drive to Brisbane CBDMarketing agent Jayson Edwards says, Apartments in Ascot continue to attract strong demand from buyers seeking lifestyle, location, and long-term value. With renovated interiors, a functional two-bathroom layout, and an elevated position, this residence presents an exceptional opportunity in one of Brisbane's most sought-after suburbs.Quality opportunities in Ascot are always in demand. Get in touch today to arrange your private inspection.Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
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 3,705 properties. Over the last 5 years, Houses in Ascot have seen a 45.80% increase in median value, while Units have seen a 115.19% increase. As at 30 June 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.