Ascot Vale vs Parkville

Parkville is the younger of the two, with a median age of 26 against 37 in Ascot Vale. In Ascot Vale, most households own their home. In Parkville, most households rent, most homes are flats or apartments, and about half of households are people living alone. Houses cost more in Parkville: a median of $1.82 million, against $1.32 million in Ascot Vale, and rent is higher there too. Parkville is closer to the city centre: 3.6 km, against 6.8 km. On these figures, Ascot Vale tends to suit buyers on a tighter budget, while Parkville suits renters, young adults, and people living alone.

Which one suits you?

There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.

Families with school-age kids

Ascot Vale

ahead on 3 of the 6 things we measure here

  • has more separate houses rather than flats (46% vs 2%)
  • has more childcare (11 vs 3)
  • is already more of a family suburb (52% vs 27%)
  • But Parkville has more parks and reserves (38 vs 14)

Weighs schools, house stock, crime, parks, childcare, and who already lives there.

First-home buyers

They split

one each way, out of the 3 things we measure here

  • Ascot Vale has cheaper houses ($1,325,000 vs $1,820,000)
  • Parkville has cheaper units ($460,000 vs $515,000)

Weighs house prices, unit prices, and mortgage stress.

Renters

Parkville

ahead on the one thing that separates them

  • has a bigger rental market to choose from (66% vs 39%)

Weighs rent, rental stress, and how much is for rent.

Commuting to the city

Parkville

ahead on 2 of the 4 things we measure here

  • sits closer to the CBD (3.6 km vs 6.8 km)
  • has a shorter drive in (11 min vs 18 min)
  • But Ascot Vale is more walkable (99/100 vs 91/100)

Weighs distance, drive time, rail access, and walkability.

Downsizers and retirees

Ascot Vale

ahead on 2 of the 5 things we measure here

  • has more GPs (4 vs 2)
  • is more walkable (99/100 vs 91/100)
  • But Parkville has more units and townhouses to downsize into (98% vs 54%)

Weighs smaller dwellings, who already lives there, GPs, walkability, and crime.

Investors

Ascot Vale

ahead on 2 of the 3 things we measure here

  • is growing faster (3.0% vs -4.5%)
  • returns a higher gross yield on houses (3.7% vs 2.6%)
  • But Parkville returns a higher gross yield on units (6.9% vs 5.1%)

Weighs house yield, unit yield, and population growth.

Where they sit

Ascot Vale and Parkville drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.

Ascot Vale Parkville
Hides rows where both suburbs match

Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.

Side by side, out of 100

Risks are inverted — shown as safety and low exposure — so a longer bar always means better.

Ascot Vale Parkville
Walkability 99 / 91
Ascot Vale — Walkability: 99/100 Parkville — Walkability: 91/100
Safety 15 / 11
Ascot Vale — Safety: 15/100 Parkville — Safety: 11/100
Low fire risk 100 / 100
Ascot Vale — Low fire risk: 100/100 Parkville — Low fire risk: 100/100
Low flood risk 30 / 75
Ascot Vale — Low flood risk: 30/100 Parkville — Low flood risk: 75/100

Demographics

Ascot Vale has more residents (15,197 vs 7,074); Ascot Vale skews older (37 vs 26).

Ascot Vale Parkville
Population 15,197
+53% vs other
 7,074
Population trend (2016 → 2021) +3.0% -4.5%
Median age 37 26
Median household income $113,984/yr
+14% vs other
 $98,020/yr
Median weekly rent $370/wk $396/wk
+7% vs other

Age profile

Share of residents in each band, 2021 Census.

Ascot Vale Parkville
0-4 6.4% / 2.5%
Ascot Vale — 0-4: 6.4% Parkville — 0-4: 2.5%
5-14 11.3% / 4.1%
Ascot Vale — 5-14: 11.3% Parkville — 5-14: 4.1%
15-19 4.3% / 17.5%
Ascot Vale — 15-19: 4.3% Parkville — 15-19: 17.5%
20-24 6.2% / 21.5%
Ascot Vale — 20-24: 6.2% Parkville — 20-24: 21.5%
25-34 17.4% / 23.4%
Ascot Vale — 25-34: 17.4% Parkville — 25-34: 23.4%
35-44 16.5% / 10.2%
Ascot Vale — 35-44: 16.5% Parkville — 35-44: 10.2%
45-54 14.1% / 5.9%
Ascot Vale — 45-54: 14.1% Parkville — 45-54: 5.9%
55-64 11.2% / 5.2%
Ascot Vale — 55-64: 11.2% Parkville — 55-64: 5.2%
65-74 7.4% / 4.5%
Ascot Vale — 65-74: 7.4% Parkville — 65-74: 4.5%
75-84 3.6% / 3.1%
Ascot Vale — 75-84: 3.6% Parkville — 75-84: 3.1%
85+ 1.5% / 2.1%
Ascot Vale — 85+: 1.5% Parkville — 85+: 2.1%

Bars are drawn against the largest share shown (23.4%).

Who lives together

Household composition, 2021 Census.

Ascot Vale 37.9% lone person
Ascot Vale — Lone Person: 37.9% Ascot Vale — Couple Families: 39.8% Ascot Vale — Group Household: 8.3% Ascot Vale — One Parent Families: 11.9% Ascot Vale — Other Families: 2.2%
Parkville 48.9% lone person
Parkville — Lone Person: 48.9% Parkville — Couple Families: 19.3% Parkville — Group Household: 21.6% Parkville — One Parent Families: 7.8% Parkville — Other Families: 2.4%
Lone Person Couple Families Group Household One Parent Families Other Families

Who owns and who rents

Occupied private dwellings by tenure, 2021 Census.

Ascot Vale 38.8% renting
Ascot Vale — Owned Outright: 27.7% Ascot Vale — Mortgage: 33.5% Ascot Vale — Renting: 38.8%
Parkville 66.3% renting
Parkville — Owned Outright: 18.8% Parkville — Mortgage: 14.8% Parkville — Renting: 66.3%
Owned outright Mortgage Renting

Qualifications

Highest non-school qualification, residents 15+, 2021 Census.

Ascot Vale Parkville
Bachelor Degree 22.6% / 23.5%
Ascot Vale — Bachelor Degree: 22.6% Parkville — Bachelor Degree: 23.5%
Postgraduate Degree 9.9% / 17.2%
Ascot Vale — Postgraduate Degree: 9.9% Parkville — Postgraduate Degree: 17.2%
Advanced Diploma / Diploma 7.1% / 4.7%
Ascot Vale — Advanced Diploma / Diploma: 7.1% Parkville — Advanced Diploma / Diploma: 4.7%
Certificate III & IV 7.5% / 3.7%
Ascot Vale — Certificate III & IV: 7.5% Parkville — Certificate III & IV: 3.7%
Graduate Diploma / Certificate 3.9% / 2.4%
Ascot Vale — Graduate Diploma / Certificate: 3.9% Parkville — Graduate Diploma / Certificate: 2.4%

Bars are drawn against the largest share shown (23.5%).

Where residents were born

Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.

Ascot Vale Parkville
China 1.6% / 4.8%
Ascot Vale — China: 1.6% Parkville — China: 4.8%
England 2.3% / 3.4%
Ascot Vale — England: 2.3% Parkville — England: 3.4%
India 1.3% / 2.7%
Ascot Vale — India: 1.3% Parkville — India: 2.7%
Vietnam 2.6% / 1.1%
Ascot Vale — Vietnam: 2.6% Parkville — Vietnam: 1.1%
New Zealand 1.5% / 2.2%
Ascot Vale — New Zealand: 1.5% Parkville — New Zealand: 2.2%
Malaysia 0.8% / 2.6%
Ascot Vale — Malaysia: 0.8% Parkville — Malaysia: 2.6%
Italy 2.0% / —
Ascot Vale — Italy: 2.0% Parkville — Italy: not among its largest

Bars are drawn against the largest share shown (4.8%).

What people live in

Occupied private dwellings by structure, 2021 Census.

Ascot Vale 31.0% flats / apartments
Ascot Vale — Flats / Apartments: 31.0% Ascot Vale — Townhouses: 23.0% Ascot Vale — Houses: 46.0%
Parkville 61.7% flats / apartments
Parkville — Flats / Apartments: 61.7% Parkville — Townhouses: 36.1% Parkville — Houses: 2.2%
Flats / Apartments Townhouses Houses

Property market

Ascot Vale Parkville
Median house price $1,325,000 $1,820,000
Median unit price $515,000 $460,000
Median land price —
same for both
Typical days to sell (houses) 24 days
from 82 sales
 23 days
from 19 sales

Unit price by bedroom count

Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.

Ascot Vale Parkville
1 bed $345K / $380K
Ascot Vale — 1 bed: $345K (33 sales) Parkville — 1 bed: $380K (42 sales)

33 vs 42 sales

2 bed $545K / $508K
Ascot Vale — 2 bed: $545K (77 sales) Parkville — 2 bed: $508K (68 sales)

77 vs 68 sales

House price by bedroom count

Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.

Ascot Vale Parkville
3 bed $1.28M / $1.82M
Ascot Vale — 3 bed: $1.28M (98 sales) Parkville — 3 bed: $1.82M (13 sales)

98 vs 13 sales

4 bed $1.65M / $1.86M
Ascot Vale — 4 bed: $1.65M (47 sales) Parkville — 4 bed: $1.86M (6 sales)

47 vs 6 sales

5 bed $2.18M / $1.81M
Ascot Vale — 5 bed: $2.18M (9 sales) Parkville — 5 bed: $1.81M (14 sales)

9 vs 14 sales

Zoning mix

Ascot Vale Parkville
Residential 75% 16%
Parks and recreation 15% 50%
Infrastructure and transport 7% 29%
Industrial 0% 3%
Commercial 3% 2%
Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09.

Development activity

Ascot Vale Parkville
New dwellings approved 702
across Moonee Valley
 4,715
across Melbourne
Approvals change year on year +82% +195%

Gross rental yield

Gross — before strata, rates, management, insurance and vacancy. From median advertised rents and median asking prices over the last 6 months. How we calculate.

Ascot Vale Parkville
Houses 3.7%
$850/wk on $1.2M
 2.6%
$875/wk on $1.75M
Units 5.1%
$522/wk on $535K
 6.9%
$585/wk on $442K

Ranking within VIC

Ascot Vale Parkville
House price Higher than 82% of VIC Higher than 92% of VIC
Income Higher than 86% of VIC Higher than 71% of VIC
Schools Higher than 28% of VIC Higher than 38% of VIC
Walkability Higher than 100% of VIC Higher than 97% of VIC
Affordability Higher than 29% of VIC Higher than 6% of VIC
EV adoption Higher than 94% of VIC Higher than 98% of VIC
NBN connectivity Higher than 90% of VIC Higher than 97% of VIC
Rental yield (houses) Higher than 45% of VIC Higher than 5% of VIC
Rental yield (units) Higher than 66% of VIC Higher than 97% of VIC

Liveability

Parkville scores higher overall (71 vs 55); Ascot Vale is more walkable (99 vs 91).

Ascot Vale Parkville
Grade B A
Score 55/100 71/100
Socio-economic band very advantaged area
decile 9/10
 very advantaged area
decile 10/10

Risk profile

Ascot Vale carries more flood risk (70 vs 25).

Ascot Vale Parkville
Bushfire None
0/100
same for both
Crime High
85/100
 High
89/100
Flood High
70/100
 Low
25/100
Coastal erosion None
0/100
same for both
Aircraft noise None
0/100
same for both
Industrial facilities nearby 24
within 5 km
same for both

Schools

Ascot Vale Parkville
Inside the suburb 5 9
Rated above peers 0 1
Rated at peers 2 0
Rated below peers 1 0
Universities within 10 km 3
Victoria University Footscray Park, 2.8 km
 3
The University of Melbourne, 0.0 km
Full-time students aged 15–24 3.0% 29.8%

Schools in Ascot Vale

  • Ascot Vale West Primary School Government · Primary at peers
  • St Mary's School Catholic · Primary at peers
  • Ascot Vale Primary School Government · Primary below peers
  • SEDA College (Victoria) - Netball Ascot Vale Independent · Secondary
  • Ascot Vale Heights School Government · Combined · Special school

Schools in Parkville

  • University High School Government · Secondary above peers
  • SEDA College (Victoria) - Brens Pavilion Royal Park Independent · Secondary
  • SEDA College (Victoria) - Melbourne Sports Centres Parkville Independent · Secondary
  • University High School-Elizabeth Blackburn School of Sciences Government · Secondary
  • Parkville College Government · Secondary · Special school
  • Parkville College-Ascot Vale Secure Welfare Campus Government · Secondary · Special school

Amenities in the suburb

Ascot Vale Parkville
Supermarkets 3 1
Cafes & restaurants 21 37
Parks & reserves 14 38
Childcare 11 3
GPs 4 2
Pharmacies 3 2
Hospitals 0 2
Banks & Bank@Post 2 1
Fuel stations 5 0
EV chargers 1 0
Waterways 1 3

Mobility

Ascot Vale sits further from the CBD (6.8 km vs 3.6 km).

Ascot Vale Parkville
Walkability score 99/100 91/100
Distance to Melbourne 6.8 km
+47% vs other
 3.6 km
Drive time (normal traffic) 18 min 11 min
Public transport score 96/100
Rail · Tram · Bus
 97/100
Rail · Tram · Bus
Peak arrivals per hour 334.2
7-9am + 5-7pm
 375.8
7-9am + 5-7pm
Median peak wait 0 min
scheduled, not actual
same for both
Electric vehicle share 2.0%
postcode 3032
 3.0%
postcode 3052
Rooftop solar per 100 dwellings 15
postcode 3032
 6
postcode 3052

How people get to work

Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.

Ascot Vale Parkville
Worked from Home 46.7% / 42.9%
Ascot Vale — Worked from Home: 46.7% Parkville — Worked from Home: 42.9%
Car (driver) 38.8% / 26.1%
Ascot Vale — Car (driver): 38.8% Parkville — Car (driver): 26.1%
Walked Only 2.2% / 11.6%
Ascot Vale — Walked Only: 2.2% Parkville — Walked Only: 11.6%
Tram / Light Rail 2.3% / 7.7%
Ascot Vale — Tram / Light Rail: 2.3% Parkville — Tram / Light Rail: 7.7%
Train 5.0% / 3.0%
Ascot Vale — Train: 5.0% Parkville — Train: 3.0%
Bicycle 2.1% / 5.6%
Ascot Vale — Bicycle: 2.1% Parkville — Bicycle: 5.6%
Car (passenger) 2.4% / 1.7%
Ascot Vale — Car (passenger): 2.4% Parkville — Car (passenger): 1.7%

Bars are drawn against the largest share shown (46.7%).

Setting

Ascot Vale Parkville
Elevation 14 m
above sea level, at the suburb centre
 46 m
above sea level, at the suburb centre
Distance to the ocean 7.0 km 6.3 km

NBN connectivity

Ascot Vale Parkville
Connectivity score 80/100 94/100
Most common technology Hybrid fibre-coaxial Fibre to the premises
Full-fibre (FTTP) share 16%
7,801 premises
 81%
3,751 premises

Climate

Ascot Vale Parkville
Annual rainfall 534 mm
same for both
Summer max (Jan) 26.7°C
same for both
Winter min (Jul) 6.5°C
same for both

Air quality (annual mean)

Ascot Vale Parkville
PM2.5 — 7.9 µg/m³
PM10 18.9 µg/m³ —
NO₂ —
same for both

Council rates

Ascot Vale Parkville
Average residential rate $2,027/yr $2,345/yr
Council Moonee Valley Melbourne

Federal electorate

Ascot Vale Parkville
Division Maribyrnong Melbourne
Member Jo Briskey Sarah Witty
Party Australian Labor Party
same for both

First Home Owner Grant

Ascot Vale Parkville
Grant amount $10,000
same for both
Property price cap $750,000
same for both
Eligibility New
same for both

Tags

Ascot Vale

Apartments Easy Commute Inner Parks Premium Professionals Townhouses Trams Transport Hub Urban

Parkville

Affordable Apartments Easy Commute Inner Parks Professionals River Students Townhouses Trams Transport Hub

More comparisons

Other comparisons with Ascot Vale

Ascot Vale vs Footscray Ascot Vale vs Moonee Ponds Ascot Vale vs Brunswick West Ascot Vale vs Maribyrnong Ascot Vale vs Flemington Ascot Vale vs Travancore

Other comparisons with Parkville

Parkville vs Melbourne Parkville vs Brunswick Parkville vs Moonee Ponds Parkville vs Carlton Parkville vs North Melbourne Parkville vs Brunswick West
Full data on Ascot Vale Full data on Parkville
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Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.

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