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.
$2,600,000
Last sold
15 Feb 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
562 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$2,600,000
15 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Ashgrove (last 5 years) with land size have a median of $3,115/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
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
+20.8%
Median sale
Suburb $2,152,500
-0.30 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 data is being calculated
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
QLDPlanning 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.
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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Righton PropertyWelcome to 38 Arinya Road, where this delightful family sanctuary awaits beyond a white picket fence. Located on a tranquil street, this home enjoys a serene outlook onto a green belt, creating an idyllic setting.
On entering, you will be greeted by a relaxed ambiance and an abundance of natural light and airflow. The hub of the home is the designer kitchen with an oversized uninterrupted island bench that opens onto an undercover outdoor dining area.
Recently renovated with a discerning eye, this residence offers opulent high-end finishes in its kitchen and three bathrooms, complemented by sleek polished timber floors and outdoor spaces for entertaining. Offering space, generously sized bedrooms, and multiple indoor/outdoor living areas, this home provides comfort for the whole family.
Property Highlights:
• Luxurious new kitchen, featuring an expansive breakfast bar, adorned with exquisite stone benchtops, an induction cooktop, a built-in Bosch microwave and steamer, an integrated Liebherr fridge/freezer, and a butler's pantry
• Family living/dining room showcases high ceilings and built-in bookcases that seamlessly connect to a spacious outdoor entertaining zone, complete with a built-in pizza oven, BBQ, granite benchtops, and landscaped backyard
• Lounge/TV room opens onto an internal deck that provides natural flow and connectivity
• Beautiful, polished timber floors throughout
• Ducted air conditioning ensures optimal comfort
• 10.36kw solar panels and roof insulation with whirley birds that enhance sustainability
· Hardwired Hik-Connect security system with 6 cameras and additional security to all windows to provide peace of mind
• Master retreat with a walk-in robe and ensuite that opens to the front deck
• Four additional generously sized bedrooms, each equipped with built-in robes
• Large family bathroom features a shower and bath, while a third bathroom offers a walk-in shower and toilet
• Conveniently located laundry fitted with custom cabinetry, extensively paved side access to clothesline
• Fully fenced yard provides a haven for children and pets to roam
• Double garage with epoxy and extra storage, offering internal access, with additional storage in a purpose-built attic.
• Just 5.6km from the CBD
• Walking distance to the GPS sporting grounds, parks, bike/walk tracks, bus stops, and the Ashgrove shopping precinct
• Excellent schools nearby include Marist College, Oakleigh State School, Ashgrove State School, Mt St Michaels, Mater Dei, and St Finbarrs
For further information about this property, we invite you to contact Brigette 0407 880 006 or Amy 0433 312 170.
Listing description written by Brigette Righton, Righton Property — reproduced as published, not verified by Districts.