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QLD › Ashgrove › Raleigh Pde

23 Raleigh Pde, Ashgrove QLD 4060

For saleHouse for Sale

$3,100,000

For sale

Asking

5

Bedrooms

3

Bathrooms

2

Car spaces

594 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,100,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,100,000(Listing record · 24 July 2026)
  • CalculationAsk is 44% above the Ashgrove median recorded sale ($2,152,500, n=44, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ashgrove's advertised median rent ($719/wk), implied gross yield would be 1.21% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$3,100,000

Asking · $5,219/m² of land

No recorded sale for this property.

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.

See the full Ashgrove report →

Vs Ashgrove

+44.0%

Median sale

Suburb $2,152,500

-0.53 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.

Total cost to purchase

Purchase Price
$3,100,000
Stamp Duty (Queensland)
$158,775
Transfer/Registration Fee
$13,844
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,276,319

$176,319 on top of the price (5.7% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Ashgrove's advertised median rent — not a rent for this listing.

Net yield
-0.29%
Annual cashflow (pre-tax)
$-170,312
Interest cover (DSCR)
-0.06
Annual rent
$37,388
Operating expenses
$46,500
Loan amount
$2,480,000
Annual interest
$161,200
Gross yield
1.21%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$3,100,000available24 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ashgrove in one glance

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.

See the full Ashgrove report →

Keep researching

  • Why Ashgrove? Read the area thesis →
  • What else is on the market in Ashgrove →
  • Other records on Raleigh Pde →

Listing material

Listed by Arthur Conias Real Estate Ashgrove

Multi-Level Family Residence Opposite Parkland

* Inspections available by appointment - Call 24hrs

* Architecturally designed executive residence

* Expansive multi-level family home opposite parkland

Read the full description

* Sparkling inground swimming pool & exceptional entertaining

* Private lift connecting garage and main living level

* Newmarket SS and Kelvin Grove SC catchment

Positioned opposite the leafy surrounds of Corbie Street Park, this expansive family home presents an exceptional lifestyle opportunity within one of the area's most desirable pockets. Spanning three thoughtfully designed levels, the home combines generous proportions, quality finishes, and practical family functionality throughout.

A striking introduction unfolds across the entry level, where stormy grey marble tiles, soaring ceilings, bespoke lighting, and striking staircase establish an immediate sense of scale and refinement. A walk-in tasting wine cellar framed by elegant glass panelling adds both visual impact and functionality.

Enhancing both everyday functionality, a private internal lift seamlessly connects the garage level to the main living floor, offering exceptional convenience for groceries, luggage, and day-to-day accessibility.

Natural light and connection to the outdoors are prioritised throughout the main living level, where accent windows and louvres complement expansive open-plan living and dining spaces. A Yamaha zoned surround sound system extends throughout this floor, enhancing both entertaining and everyday living.

At the centre of the home, the meticulously designed kitchen has been appointed with Eternal Calcutta Gold stone benchtops, two conventional ovens, steamer, microwave, integrated dishwasher, and spacious butler's pantry.

Large sliding doors extend the interior living spaces onto the entertaining deck, complete with NSW spotted gum timber decking, outdoor fan, and additional bench space, all overlooking the tree-lined surrounds of Corbie Street Park.

Also positioned on this level are two bedrooms complemented by mirrored built-in wardrobes and ceiling fans, serviced by a family bathroom. The spacious laundry offers generous linen storage, extensive cabinetry, additional bench space, and direct external access. Positioned toward the rear of the home, a second living area flows through to the outdoor entertaining space adjoining the sparkling inground saltwater pool, landscaped gardens, and level grassed yard.

The upper level provides excellent separation for the remaining accommodation, comprising two additional bedrooms with mirrored built-in wardrobes, a family bathroom with separate bath, shower, vanity, and separate toilet, plus a third living area complete with a large storage cupboard.

Privately positioned, the master suite enjoys elevated outlooks across the park and toward the city skyline. This generous retreat features accent lighting, a large walk-in wardrobe with extensive storage, and a walk-through ensuite complete with dual vanities, standalone bath, walk-in shower, and separate toilet.

Additional features include ducted air-conditioning throughout, security intercoms with cameras to the front gate, irrigation throughout the gardens, a security system within the home, and a spacious 2.5-car lock-up garage with an extensive storage area spanning the full width of the garage.

Enjoying a premium parkside position, the home is moments from shops, cafes, restaurants, transport options, and a variety of quality schools, offering an outstanding opportunity for families seeking space, functionality, and convenience in a highly regarded location.

Call now to secure your private viewing 07 3366 5826.

* Important * Whilst every care is taken in the preparation of the information contained in this marketing, Arthur Conias Real Estate will not be held liable for any errors in typing or information. All information is considered correct at the time of publishing.

Listing description written by Arthur Conias - Ashgrove, Arthur Conias Real Estate Ashgrove — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Floorboards
  • Fully Fenced
  • Living Areas: 3
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.