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.
$1,850,000
Last sold
19 Nov 2025
2
Bedrooms
1
Bathrooms
1
Car spaces
607 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
$1,850,000
19 Nov 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
-14.1%
Median sale
Suburb $2,152,500
+0.28 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 PropertySet within the highly regarded Avenues pocket of Ashgrove, this timeless home blends classic character with modern comfort in one of Brisbane's most family-friendly suburbs. Positioned in a quiet street among quality homes, it offers immediate liveability with the potential to add further value.
The classic double-gable façade reflects its 1930s character, and the home sits on a near-level, elevated 607 m² block with an east-facing orientation. Inside, high ceilings, polished timber floors, picture rails, and ornate ceilings are complemented by original French casement windows with arctic glass and a neutral colour palette, creating a welcoming living environment.
The stylish kitchen features white cabinetry, black stone benchtops, an electric oven and cooktop, and a dishwasher, connecting to the dining and living areas enhanced by ceiling fans and air conditioning. An enclosed outdoor laundry is conveniently accessible via the kitchen. Two bedrooms with built-in wardrobes are complemented by a versatile adjoining room off the main bedroom, ideal as a study, nursery, dressing room, or additional bedroom. The modern bathroom includes a bathtub, shower, double vanity, and toilet.
Property Features:
• Two bedrooms with built-in wardrobes, ceiling fans, and split-system air conditioning; main bedroom with bay window
• Adjoining room off the main bedroom via French doors, suitable as a study, nursery, dressing room or additional bedroom with split-system air conditioning
• Kitchen with black stone benchtops, white cabinetry, electric oven/cooktop and dishwasher
• Enclosed outdoor laundry accessed via the kitchen
• Bathroom with shower, bathtub, double vanity, and toilet
• Polished timber floors, high ceilings, picture rails and ornate ceilings
• Detached single carport
• Near-level, elevated 607 m² block with east-facing orientation
Lifestyle & Location:
• Quiet street within the prestigious Avenues pocket
• Close to Ashgrove Central and Ashgrove West, with multiple grocery, café, and restaurant options
• Within catchment for Ashgrove State School and The Gap State High School; nearby private schools include Marist College, Mt St Michael's, and St Finbarr's
• Easy access to public transport, bike/walking paths, and the Brisbane CBD
Take advantage of this fantastic opportunity to secure 48 Myagah Road, Ashgrove appealing to families, couples, builders or investors.
For more information, contact Brigette Righton on 0407 880 006 or Amy MacDonald on 0433 312 170.
This property is being sold by auction or without a price and therefore a price guide cannot be provided.
Listing description written by Brigette Righton, Righton Property — reproduced as published, not verified by Districts.