[1] His father, Marcus Ashcroft, is a three-time AFL premiership player who competed in 318 games for the Brisbane Bears/Lions over the course of his 15-year professional career.
[2] While based on the Gold Coast, Levi attended All Saints Anglican School[3] and began playing junior football in 2014 for the Broadbeach Cats in the local under-9s competition.
Despite being 11 years old at the time, Ashcroft was playing for Southport's under-14s division 1 team in 2018 and was considered an outstanding junior prospect.
Upon returning to Melbourne in 2021, Ashcroft caught the eye of Coates Talent League recruiters and signed to play for the Sandringham Dragons in the 2022 season, despite only recently turning 15 years of age.
[7] In August 2024, Ashcroft elected to return to his home state of Queensland by agreeing to join the Brisbane Lions under the father-son rule.