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 of an elevated street position, this generously proportioned apartment benefits from excellent natural airflow, capturing refreshing summer breezes throughout.
The property features a spacious open-plan, air-conditioned living and dining area, complemented by a modern kitchen offering ample cupboard and bench space. There are two well-sized bedrooms with built-in wardrobes, with the master bedroom further enhanced by a private ensuite.
Comfort is ensured year-round with ceiling fans throughout and a large air-conditioning unit in the main living area. The east-facing balcony provides an ideal setting for relaxed living and entertaining, particularly in the cooler morning sun.
A standout feature is the oversized garage, which includes two separate storage rooms—one fully tiled—offering secure and versatile storage options for valuable or seasonal items.
Well-presented with carpet throughout, the unit is conveniently located within easy reach of public transport, local shops, Racecourse Road, and all the lifestyle amenities this sought-after suburb has to offer.
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LJ Hooker Clayfield
07 3262 2434
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:
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