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 › Waterworks Rd
For sale
For sale
3
Bedrooms
2
Bathrooms
2
Car spaces
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
No recorded sale price for this property yet.
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.
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 Fletcher RileyTHE STYLE:
Designed by Ivan Gastaldon Architects, this near new townhouse, BANBA, delivers 152m² of refined, single-level living within an exclusive complex of just five private residences. Positioned towards the rear of the complex, the home enjoys a peaceful and private setting, cleverly designed to maximise space, privacy and natural light with north, west and east aspects. A vaulted ceiling creates a striking sense of volume and elegance throughout the main living zone.
A private entry via stairs to level three leads to the main living level, creating a strong sense of separation and arrival. Designated undercover tandem parking for two cars is provided below, offering both convenience and peace of mind. Inside, premium luxury vinyl timber-look flooring with specialised acoustic treatment complements the elevated ceiling heights, while the open plan living and kitchen area flows seamlessly to a spacious covered outdoor terrace which faces east, perfect for entertaining or quiet relaxation.
The kitchen is sleek and functional, complete with stone benchtops, a Miele electric cooktop, Miele dishwasher and included fridge, perfectly suited to modern living. Split system air conditioning is installed throughout the living area and all three bedrooms.
The generously proportioned main bedroom is a private retreat, featuring built-in wardrobes, a stylish ensuite and split system air conditioning. Two additional bedrooms are equally well appointed, each with built-in wardrobes and split systems, offering flexibility for family, guests or a home office.
The home also features a separate exclusive secure dust-proof generously sized storage room.
Set in the highly sought-after Ashgrove, this residence enjoys close proximity to cafés, shops and public transport, while being under 5km from the CBD. Currently rented, the property presents an outstanding investment opportunity in a tightly held inner-city suburb, with continued growth expected leading into the Brisbane 2032 Olympic Games. For investors, the combination of strong rental demand, depreciation benefits associated with a near-new property, and the potential tax advantages of negative gearing as a qualifying new build development (subject to individual circumstances and professional financial advice) may further enhance its appeal. Equally suited to downsizers and professionals seeking an easy care lock-and-leave lifestyle, this is a rare opportunity to secure low-maintenance luxury with exceptional architectural design and low body corporate fees.
THE FACTS:
* BANBA: Exclusive boutique complex of only 5 residences
* Positioned privately towards the rear of the complex
* Quiet and peaceful setting
* Private entry with stairs leading to the main level
* Vaulted ceilings in the open plan living zone
* Open plan living and kitchen with included fridge
* Miele electric cooktop and Miele dishwasher
* Spacious covered outdoor terrace
* Premium luxury vinyl timber-look flooring with specialised acoustic treatment throughout
* Main bedroom with ensuite, built-in wardrobes and split system air conditioning
* Two additional bedrooms with built-in wardrobes and split systems
* Laundry within the main bathroom (dryer included)
* 2 designated undercover car parks plus lockable private storage room
* Separate exclusive secure dust-proof storage room
* Separate parcel box for residents
* Prime Ashgrove location close to cafés, shops, public transport and less than 5km to the CBD
* Located within the catchment areas for Ithaca Creek State School (Primary) and Kelvin Grove State College (Secondary, Prep–12)
BODY CORPORATE INFORMATION
Body Corporate Fees: Approximately $1,170 per quarter
Brisbane City Council Rates: Approximately $330 per quarter
This is a rare opportunity to secure an architecturally designed residence offering privacy, quality finishes and low-maintenance living in one of Brisbane's most desirable inner-city suburbs.
Listing description written by Sarah Kelly, Fletcher Riley — reproduced as published, not verified by Districts.
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