5/40 Upper Lancaster Rd, Ascot is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 168m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in July 2002.
Situated on the top floor on an elevated street allowing the good summer breezes to flow through this very large and spacious unit. Boasting a large open plan air conditioned living/dining area, modern kitchen with loads of cupboard and bench space, 2 large bedrooms with big built-ins and the master bedroom serviced by the ensuite. With ceiling fans throughout, the large air conditioner in the living and the balcony with easterly aspect will all certainly make for cool living and entertaining this Summer. You also have the huge added benefit of a large garage with two separate store rooms one of which is fully tiled and offers you great options to store those important items in a dry secure area. The unit is well presented with brand new carpet throughout. Within easy reach of transport, local shops, Racecourse Road and all the benefits of living in this great suburb.
The size of Ascot is approximately 2.8 square kilometres. It has 7 parks covering nearly 34.1% of 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 3,700 properties. Over the last 5 years, Houses in Ascot have seen a 65.34% increase in median value, while Units have seen a 118.30% increase. As at 31 March 2026:
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