Smart Buyers Blog


Brisbane Buyers Agent Insights – What’s happening in Ascot – Commercial building and restaurant/cafe proposed for Eagle Farm Racecourse

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As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in Ascot.

The Brisbane Racing Club has lodged a development application for a 5-storey commercial office building and restaurant within the Eagle Farm Racecourse.

The proposed development, to be called ‘St Leger House’ is located next to the Ascot House building and St Leger Grandstand.

It will provide 7,670sq m of office space and around 230sq m for food and beverage on the 18,400sqm site at Racecourse Road in Ascot.

The development includes two basement floors of car parking for 121 cars and another 164 parks in an existing infield parking area

While this could provide some more amenity within Ascot, and enable people to work closer to home due to office space in the suburb, the impact upon the area will depend on what form the approval takes.

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Market Snapshot – Ascot

Median house price House average annual price  growth Houses sold over past 12 months Median Unit price Unit average annual price  growth Units sold over the past 12 months Demand level Population Median age of residents % of renters
$1,450,000 3% 74 $482,500 2.17% 85  High 5,145 40 44.4%

Source:, CoreLogic, ABS 2016 Census


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