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 › Banksia Ave
$1,705,000
For sale
$1,705,000
Last sold
29 May 2025
2
Bedrooms
1
Bathrooms
2
Car spaces
688 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
Asking
$1,705,000
29 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Ashgrove (last 5 years) with land size have a median of $3,161/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
+0.45 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.
$89,635 on top of the price (5.3% extra)
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.
Pre-filled with Ashgrove's advertised median rent — not a rent for this listing.
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.
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 Arthur Conias Real Estate Ashgrove* Inspections available by appointment - Call 24hrs
* Transformed character residence: 2026 completion
* Designer kitchen with marble, SMEG appliances, butler's pantry
* Resort-style outdoor living with pool, firepit, entertaining terrace
* Flexible floorplan with dual master suites and multiple living zones
* North-facing kitchen, dining, lounge, and alfresco living
* Integrated smart home with app-controlled climate, lighting & entry
* Dual frontage with gated rear access via Wonga Drive
* Step-free access from enclosed carport to lower-level living & bedroom
* Walk to Ashgrove State School, Marist College, Mt St Michael's
Positioned within Ashgrove's tightly held 'Avenues', 46 Banksia Avenue is a residence of rare calibre - where timeless character is seamlessly elevated by contemporary refinement. Set on a generous 688sqm parcel, this newly reimagined home delivers generous proportions, refined detail, and a quiet sense of confidence from the moment of arrival.
At the heart of the residence, expansive open-plan living is bathed in northern light, illuminating rich timber floors and detailed wainscoting, providing a sense of warmth, depth, and architectural presence. The kitchen forms a striking centrepiece - anchored by marble benchtops and an oversized island with breakfast bar seating, framed by statement pendants. Appointed with SMEG appliances, including an oversized oven and integrated refrigeration, alongside a wet butler's pantry with wine fridge, the space balances refined finishes with everyday functionality.
From here, sliding French doors dissolve the boundary between interior and exterior, extending living to a covered terrace finished with timber decking, cabinetry and a four-burner gas BBQ. Beyond, a sequence of outdoor spaces unfolds - sunlit lawns, a sparkling swimming pool, and a sunken firepit retreat, forming a layered outdoor sanctuary.
Accommodation is thoughtfully configured for modern family life. A ground-level master suite with dual-vanity ensuite and built-in robe offers flexibility for multigenerational living, executive work-from-home arrangements, or refined guest accommodation.
Upstairs, a private haven awaits, where the home's character origins are thoughtfully honoured through preserved VJ walls and traditional picture rails. Four additional bedrooms include a secondary master suite with ensuite, enhanced by soft natural light introduced via skylight. The main bathroom is indulgent in both scale and finish, showcasing a freestanding bath that invites pause. A second living area and adjoining sunroom provide valuable separation - ideal for harmonious family life.
Every inclusion speaks to considered luxury: ducted air conditioning, a beautifully appointed mudroom, full laundry, dual vehicle accommodation, a dedicated storeroom, dual street access, Smart Home configuration, and exceptional storage throughout.
Beyond the home, the lifestyle is equally compelling; within the Ashgrove State School catchment and moments from Marist College and Mt St Michael's, the location is ideal for families. Banks Street Reserve, Dorrington Park and the Enchanted Forest playground are nearby, with Ashgrove Marketplace, local cafs and GPS Rugby Club all within easy reach.
This is more than a home - it is a place to gather, to grow, and to create lasting memories. We invite your enquiry today on 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.
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