Ascot vs ClayfieldTwo Brisbane suburbs compared for a home loan
Ascot (QLD 4007) is approximately 6.5 km north-east of the Brisbane CBD, around the Eagle Farm and Doomben racecourses. Clayfield (QLD 4011) is approximately 7.4 km north-east of the Brisbane CBD, around Eagle Junction. At the 2021 Census, Ascot had 6,531 residents with a median age of 38, and Clayfield had 10,897 residents with a median age of 37.
In both suburbs the most common occupied dwelling was flats and apartments. Flats and apartments made up 48% of occupied dwellings in Ascot and 51% in Clayfield, while 41% of Ascot households rented compared with 43% in Clayfield. These differences matter for finance, because lenders assess apartments, strata buildings and houses on land differently.
Both suburbs are in the same state, so transfer duty is calculated on the same scale and the difference in upfront cost comes from the purchase price. The panel below applies that scale, and an estimate of lenders mortgage insurance, to the prices you enter.
QLD 4007 · Inner northern Brisbane
Ascot
Ascot is an inner north-eastern Brisbane suburb split almost evenly between separate houses at 42.7 per cent and apartments at 47.8 per cent.
Brisbane City Council. Approximately 6.5 km north-east of the Brisbane CBD, around the Eagle Farm and Doomben racecourses.
Read the full Ascot guideQLD 4011 · Inner northern Brisbane
Clayfield
Clayfield is an inner northern Brisbane suburb where 30.9 per cent of households hold a mortgage, the highest owner occupier share in these guides.
Brisbane City Council. Approximately 7.4 km north-east of the Brisbane CBD, around Eagle Junction.
Read the full Clayfield guide
What buying in Ascot and Clayfield would mean for the loan
The difference between two suburbs is usually a difference in price, and price drives the deposit, the transfer duty, any lenders mortgage insurance and the repayment. Enter the prices you are seeing and the panel works out each of those for Ascot and Clayfield.
Your prices and deposit
Enter the price you are seeing in each suburb. BorrowWise does not quote prices, so the comparison uses yours.
Enter a price for Ascot to see the repayment, transfer duty and upfront cash.
Enter a price for Clayfield to see the repayment, transfer duty and upfront cash.
Warning: The interest rate used here is an example only. It is not a comparison rate and is not a rate offered by any lender, and it does not include fees and charges. Different rates, terms, fees or loan amounts will give a different result.
Estimates only. Repayments assume a principal and interest loan at a constant rate, which is an assumption and not a current market rate. Transfer duty is indicative for established homes, first home buyer relief depends on eligibility, and upfront cash includes an allowance of $3,000 for conveyancing and inspections. Lenders mortgage insurance is an estimate and is added to the loan. A lender makes its own assessment.
Ascot and Clayfield: Census profile compared
Figures are from the 2021 Census, so rents, repayments and incomes have moved since. They are most useful for comparing one suburb with another and with Australia as a whole.
| Measure | Ascot | Clayfield |
|---|---|---|
| People and households | ||
| Residents | 6,531 | 10,897 |
| Median ageAustralia 38 | 38 | 37 |
| Average household sizeAustralia 2.5 | 2.3 | 2.2 |
| Median household income, weeklyAustralia $1,746 | $2,243 | $1,948 |
| Housing costs at the 2021 Census | ||
| Median rent, weeklyAustralia $375 | $390 | $350 |
| Median mortgage repayment, monthlyAustralia $1,863 | $2,400 | $2,000 |
| Who owns and who rents | ||
| Households rentingAustralia 31% | 41% | 43% |
| Owned with a mortgageAustralia 35% | 29% | 31% |
| Owned outrightAustralia 31% | 28% | 25% |
| Types of home | ||
| Separate housesAustralia 72% | 43% | 38% |
| Townhouses, terraces and semi-detachedAustralia 13% | 9% | 11% |
| Flats and apartmentsAustralia 14% | 48% | 51% |
| Homes with two bedrooms or fewer | 45% | 53% |
| Homes with four bedrooms or more | 30% | 24% |
| Dwellings unoccupied on Census night | 11% | 8% |
Source: Australian Bureau of Statistics, 2021 Census (CC BY 4.0). Tenure shares exclude households that did not state their tenure. Dwelling shares are of occupied private dwellings.
Home loan considerations in Ascot and Clayfield
Lenders treat houses on land, townhouses and apartments differently, and some apply extra conditions to small apartments, high-density buildings or particular postcodes. These are the points each guide raises.
Ascot
- Upgraders
- Investors
- Downsizers
- Two distinct markets in one suburb make valuation comparables narrower than the dwelling count suggests.
- Lower maximum loan-to-value ratios commonly apply above certain loan or property value thresholds.
- There is no cooling-off period at auction, so finance and valuation should be settled beforehand.
- The traditional building character overlay can restrict demolition of pre-1947 houses.
- Aircraft can be audible; published flight path and noise information should be consulted.
Clayfield
- Upgraders
- First home buyers
- Investors
- The traditional building character overlay can restrict demolition of pre-1947 houses.
- A valuation may assume the existing dwelling remains, which matters if value depends on redevelopment.
- Renovation lending generally requires fixed price contract documentation and staged progress payments.
- Older walk-up unit blocks can carry deferred maintenance that emerges as a special levy.
- Median weekly rent of $350 sat below the national $375, so investor income should be modelled conservatively.
Housing stock in Ascot and Clayfield compared
Ascot
- Large detached houses
- Separate houses numbered 1,131 at the 2021 Census, with 788 dwellings of four or more bedrooms.
- Apartments
- Flats and apartments numbered 1,264, or 47.8 per cent of occupied homes, close to the house share.
- Townhouses
- Semi-detached and townhouse dwellings numbered 236, or 8.9 per cent of occupied homes.
Clayfield
- Character houses
- Separate houses numbered 1,785 at the 2021 Census, many of pre-1947 construction.
- Older unit stock
- Flats and apartments numbered 2,425, with 2,149 two-bedroom dwellings across the suburb.
- Large family homes
- At the 2021 Census, 681 dwellings had four bedrooms and 441 had five or more.
- Townhouses
- Semi-detached and townhouse dwellings numbered 499, or 10.6 per cent of occupied homes.
Official sale price and rent figures for Ascot and Clayfield
Only figures published free of charge by a government agency are shown. Where none is published the space is left empty rather than filled with an estimate. Each guide charts the full series.
Ascot
No government agency publishes a free median sale price or rent series for Ascot, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Clayfield
No government agency publishes a free median sale price or rent series for Clayfield, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Transport, schools and amenities in Ascot and Clayfield
Ascot
Transport
- Ascot railway station (train)
- Doomben railway station (train)
- Transport for Brisbane buses (bus)
- Kingsford Smith Drive (road)
Schools and campuses
- Ascot State School (primary, government)
- St Margaret's Anglican Girls School (combined, independent)
Amenities
- Eagle Farm Racecourse
- Doomben Racecourse
- Racecourse Road shopping strip
- Nyrambla
Clayfield
Transport
- Eagle Junction railway station (train)
- Clayfield railway station (train)
- Transport for Brisbane buses (bus)
- Sandgate Road (road)
Schools and campuses
- Eagle Junction State School (primary, government)
- St Agatha's Primary School (primary, catholic)
- St Rita's College (secondary, catholic)
- Clayfield College (combined, independent)
Amenities
- Kalinga Park
- Sandgate Road shopping strip
- Stanley Hall
- St Mark's Anglican Church
School listings show name, level and sector only. Enrolment areas change, so confirm eligibility for a specific address with the school or the Queensland education department.
Compare Ascot or Clayfield with another suburb
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Request a free assessment: Ascot or Clayfield
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