Fairfield at a glance
2,846
People
$1,337,500
Median sale
$619/wk
Median rent
2.41%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
$1,340,000
Last sold
13 Mar 2026
5
Bedrooms
2
Bathrooms
1
Car spaces
405 m²
Land
209 m²
Building
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
$1,340,000
13 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Fairfield (last 5 years) with land size have a median of $2,033/m² of land (n=49). Districts calculation from recorded sales — not a valuation.
Fairfield at a glance
2,846
People
$1,337,500
Median sale
$619/wk
Median rent
2.41%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Fairfield
+0.2%
Median sale
Suburb $1,337,500
-0.01 pp
Gross yield
Suburb 2.41%
Suburb median $1,337,500 from 20 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 $619/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
Fairfield at a glance
2,846
People
$1,337,500
Median sale
$619/wk
Median rent
2.41%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Holland ParkPositioned in one of Fairfield's most convenient pockets, 41 Ashby Street presents a rare and incredibly flexible opportunity for families, investors, or those seeking genuine dual living potential. Set on a 405m2 allotment with a wide driveway, established gardens and a classic elevated façade, this charming residence seamlessly blends character warmth with outstanding versatility across two fully self-contained levels.
From the moment you arrive, the home's traditional appeal is evident. Elevated to capture breezes and privacy, the upper level showcases the timeless features so loved in traditional homes - high ceilings, generous proportions and beautiful natural light filtering through the windows. This level functions as a complete three-bedroom, one-bathroom residence, offering comfortable family living with well-separated spaces.
The upstairs living room is spacious and welcoming, ideal for relaxed evenings or entertaining guests. Adjacent, the kitchen and dining area provide ample bench space, cabinetry and natural outlooks to greenery. Each of the three bedrooms is well-sized, serviced by the bathroom, creating a practical and cohesive layout ideal for families or tenants alike.
What truly sets this property apart, however, is the fully self-contained lower level - a genuine two-bedroom, one-bathroom granny flat that offers exceptional flexibility. With its own private entry, dedicated living and dining space, kitchen facilities and bathroom, the downstairs area operates independently from the upstairs residence. This is not simply additional rooms - it is a complete secondary dwelling configuration.
The lower level opens up extraordinary possibilities:
• Dual occupancy for extended families
• Ideal accommodation for elderly parents or adult children
• Live upstairs and rent downstairs for supplementary income
• Full investment with two income streams
• Airbnb or short-term rental potential (STCA)
• Work-from-home office with separation and privacy
The floor plan clearly demonstrates the separation and independence between the two levels, allowing occupants to enjoy privacy while still remaining under one roof.
Outside, the home continues to impress. The backyard is framed by mature trees, creating a private and leafy setting rarely found so close to the city. There is ample lawn space for children and pets, room for entertaining, and scope for future improvements. The long driveway provides generous off-street parking and easy access to the rear of the home.
Location is where this property truly excels. Situated just moments from Fairfield Gardens Shopping Centre, Fairfield train station and multiple bus routes, commuting to the CBD is effortless. The home also enjoys proximity to The University of Queensland, Princess Alexandra Hospital and Greenslopes Private Hospital, making it particularly attractive to medical professionals, academics or students seeking rental options. Major arterial roads are easily accessible, yet the street itself remains quiet and community-oriented.
Fairfield is renowned for its lifestyle appeal - leafy streets, river walks, parklands and a strong sense of neighbourhood charm. Opportunities to secure genuine dual living properties in this suburb are exceptionally rare, particularly those offering true self-contained functionality across both levels.
Whether you are seeking a high-yield investment, a multi-generational living solution, or a strategic purchase in a blue-chip inner-south suburb, this home represents outstanding flexibility, future growth potential and immediate usability.
This is not simply a house - it is a property with options. And in today's market, options are everything.
Listing description written by Darren Bonehill, Ray White Holland Park — reproduced as published, not verified by Districts.