People think my suburb is posh, but it’s friendly and diverse – and I got my unit cheap

A resident of Ascot, a suburban area in Brisbane, recently shared their experience of purchasing a unit in the neighborhood, highlighting its affordability and community spirit despite common perceptions of the area being affluent. The individual, who identifies as a Sydneysider, spent a decade living in Cairns before relocating to Brisbane in 2017. They had previously rented in various parts of Brisbane's inner regions for six years and eventually decided to make the city their permanent residence. As a middle-aged empty-nester with a fulfilling career and active social life, they felt ready to invest in property. Their search for a suitable home led them to Ascot, which they found to be unexpectedly accessible and welcoming. Despite the initial assumption that the suburb might be exclusive, the individual noted that locals were friendly and supportive. Neighbors often reached out to check in, offering assistance with tasks like retrieving packages or ensuring the safety of their home. The sense of community was particularly evident during times when the individual was unwell, with neighbors stepping in to help with grocery shopping. Ascot is situated in a hilly landscape, bordered by several other suburbs including Albion, Clayfield, Hamilton, and Hendra. Its proximity to the Brisbane River offers scenic views from multiple locations throughout the area. The suburb is named after Ascot in England, known for its association with horse racing. Historically, Ascot has been a hub for betting activities, with racecourses such as Doomben and Eagle Farm located nearby. The area also boasts historic homes, notably Nyrambla, a heritage house constructed in 1885. During World War II, this property served as a secret Allied intelligence base, functioning similarly to a Bletchley Park in Brisbane. Notable residents of the past include media personalities and actors. The architectural diversity of Ascot reflects its history and evolution. The suburb features a mix of mansion-style residences, art deco apartments, traditional Queenslander houses, and more modest unit blocks built between the 1960s and 1990s. These varied structures contribute to the unique character of the area. Public spaces such as large parks with mature trees add to the appeal, alongside local amenities like the IGA Marketplace at Oriel Park and the RSPCA Op Shop, which offer quality goods at reasonable prices. A variety of dining options further enhance the community vibe. Residents enjoy easy access to neighboring areas, benefiting from proximity to commercial hubs like Hamilton’s Eat Street Northshore, New Farm’s Powerhouse and James Street precinct, and Albion’s array of shops. The suburb is conveniently located near major transportation routes, allowing quick travel to the airport, the Valley, the city center, and healthcare facilities. Despite these conveniences, the individual noted that aircraft overhead is a rare occurrence, adding to the tranquility of the area. The decision to purchase a unit in Ascot came during a period of rising property values due to the impact of the pandemic on the housing market. While searching for affordable options within a five-kilometer radius of the city, the individual discovered a one-bedroom unit that met their criteria, including a private courtyard for pets and gardening. Purchased in mid-2023, the property was among the cheaper options available in Brisbane at the time. Although its value has increased significantly over three years, it remains a cost-effective investment. The individual expressed gratitude for the opportunity to own a home in a desirable yet approachable suburb.