Ascot Vale

VIC 3032

Ascot Vale is an inner-city suburb in the City of Moonee Valley, about 5 kilometres from the Melbourne CBD. Mount Alexander Road is a major road and commercial spine, with Union Road providing a local trading strip. The suburb includes Melbourne Showgrounds nearby, Ascot Vale station and tram routes 57, 59 and 82, with the Maribyrnong River and Moonee Ponds Creek defining parts of its setting.

Ascot Vale is an office and consulting market with office suites and floors, warehouses and factories, and medical or consulting suites. Premises sit within a mixed suburban environment shaped by established roads, transport links and employment areas. Flemington, Moonee Ponds and Kensington are nearby comparison markets.

12

Active lease listings

commercial properties

$60,000

Median annual rent

asking rent across all listings

941

Median days on market

across all active listings

Listings by sector

5

Offices

active lease listings

3

Industrial, Warehouse and Factories

active lease listings

3

Medical / Consulting

active lease listings

1

Hotel and Leisure

active lease listing

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Last updated 15 August 2026