Suburb Profile - Ashgrove
Where Community Flourishes Amidst Natural Beauty
Just 4km from the CBD, Ashgrove offers convenience without sacrificing tranquillity, attracting established families seeking a serene yet accessible lifestyle. With multiple education and recreation options, natural landscapes and diverse housing options, Ashgrove stands as an idyllic haven for families and individuals alike. Sporting enthusiasts will also love living in Ashgrove, home of the GPS Rugby Club.
Property Diversity: Ashgrove's housing landscape comprises 77% free-standing houses. The iconic 'Ashgrovian' style homes, characterized by grand gable roofs and bay windows, adorn typical 600m2 blocks. Post-war houses also dot the area, with some subdivided to accommodate contemporary homes on smaller 400m2 blocks.
Property Overview: The Avenues, nestled between Waterworks Road, Stewart Road, and Enoggera Creek, exude prestige with their Grand Queenslanders and beautiful Art Deco homes, sitting proudly on spacious lots. 31% of properties in Ashgrove are fully owned, reflecting stability within the community. Median house prices reached $1.6 million in 2023, while median unit prices stood at $640,000, making Ashgrove an attractive investment destination.
Parks and Recreation: Nature enthusiasts find solace in Ashgrove's abundance of green spaces. Banks Street Reserve offers scenic walking and cycling paths, while Dorrington Park and the Enchanted Forest playground are perfect for family picnics. Cycling along Ithaca Creek and Enoggera Creek paths is a popular pastime, offering a tranquil commute to the city.
Education: Ashgrove boasts a rich educational landscape with Marist College Ashgrove and Mt. St Michael’s College for secondary and Ashgrove State School, Oakleigh State School, Mater Dei and St Finbarr’s for primary. Public secondary education is served by The Gap State High School and Kelvin Grove State High School.
Median House Price: $1,640,000 (March ’23 to February ’24) – Up 10.8%
House Rental Yield: 3%
Median Unit Price: $625,000 – Up 4.2%
Unit Rental Yield: 4.7%
Contact us to learn more about partnering with a Buyer’s Agent and how we can help you achieve your property goals.