Ashgrove at a glance
14,646
People
$2,152,500
Median sale
$719/wk
Median rent
1.74%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
QLD › Ashgrove › Waterworks Rd
$5,650,000
Last sold
31 May 2021
2
Bedrooms
2
Bathrooms
1
Car spaces
1,986 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$5,650,000
31 May 2021 · derived via latest_sale
Ashgrove at a glance
14,646
People
$2,152,500
Median sale
$719/wk
Median rent
1.74%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Ashgrove
+162.5%
Median sale
Suburb $2,152,500
-1.08 pp
Gross yield
Suburb 1.74%
Suburb median $2,152,500 from 44 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low-medium density residential (2 or 3 storey mix)
LMR
Jurisdiction
Brisbane City Council
Brisbane, QLD
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoned Low-medium density residential (2 or 3 storey mix) · LMR (Brisbane City Plan 2014). Official parcel area about 1,996 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $719/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low-medium density residential (2 or 3 storey mix) · LMR (Brisbane City Plan 2014). Official parcel area about 1,996 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 1,996 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ashgrove at a glance
14,646
People
$2,152,500
Median sale
$719/wk
Median rent
1.74%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Aurora Property BrisbaneRare investment opportunity in brilliant location
Less than 4kms from the CBD and perfectly located to take advantage of great nearby features, this block of 14 high-quality apartments is ideal for an astute investor thanks to its proven history of reliable performance!
Close proximity to nearby shops, restaurants, schools, parks and more ensures these apartments will attract a great deal of interest. Ithaca Creek offers walking trails on the building's doorstep, with the Broncos League Club in easy walking distance as well as reliable bus routes into the city and all over Brisbane.
The spacious apartments are in excellent condition having been maintained as new by the owners. Each apartment features two bedrooms, two bathrooms and an open plan living/kitchen space, as well as a large balcony. Living comforts are assured thanks to air-conditioning in the bedrooms along with built-ins, blinds, and screens throughout. The property's location atop a ridge provides great views to Mt Coot-tha and urban views.
Low maintenance and easily managed, the apartments are guaranteed earners thanks to high rental demand - perfect for investors searching for a low-risk/high-return option. Existing documentation allows for the apartments to be strata titled, giving you the option to either sell them off individually or retain them for long-term earnings - the choice is yours!
The secure building features intercom access and remote-controlled security for 20 carparks, along with an extra four visitor spaces at the garage entrance.
This is a unique opportunity that is bound to attract plenty of interest from buyers looking for a guaranteed winner. Don't miss your opportunity - call today to make this Place your own!
** Disclaimer**
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.
Listing description written by Mario Sultana, Aurora Property Brisbane — reproduced as published, not verified by Districts.