Ashgrove Buyer’s Agent & Registered Valuer
Buying into the 4060 postcode is about more than finding a house, it’s about securing a blue-chip asset. As a 25-year Registered Valuer and an Ashgrove local, I provide the technical due diligence and off-market access you need to win in Brisbane’s most resilient family market.
Ashgrove QLD 4060
Ashgrove shares it’s borders with Red Hill, Bardon, Newmarket, Alderley, Enoggera and The Gap.
Ashgrove is located 4.5 kilometres northwest of the Brisbane Central Business District and is a family friendly residential suburb, renowned for it’s character homes, leafy streets and abundance of parks, quality schools and larger allotments than it’s neighbouring suburbs of Red Hill and Paddington. It’s characterised by its gently undulating terrain and as Waterworks Road traversing the suburb from east to west. Ashgrove is brimming with character homes that typify the traditional Ashgrovian style timber and tin (and many terracotta) Queenslanders of the early 1900’s. With its strong community spirit, popular schools and character homes, it’s a very popular suburb to live.
Are you considering buying a home or investment property in Ashgrove? As I live and work in and around Ashgrove, I’d love the opportunity to chat to you about the suburb, the streets, the schools and even particular houses. As an Ashgrove buyers agent who actually lives here, our decades of working with local agents guarantees we are the first to know about off market opportunities and coming soon properties. We would love nothing more than to help you secure a property in this wonderful suburb.
Suburb Data & Lifestyle
Updated January 2026
- Median House Price: $1,850,000 - $1,920,000 (reflecting a 10.2% annual growth)
- Median Unit Price: $839,750 (with strong 18.6% growth in the boutique townhouse sector)
- Owner Occupancy: A strong 71.5%, ensuring long-term community stability which is the primary driver of the suburb's price resilience.
- Ashgrove is defined by its hills and valleys—knowing the difference between an elevated north-facing block near Banks Street and a lower-lying property near the creek is vital for long-term capital growth. For families, the proximity to Marist College, Ashgrove State School, and the 'Enchanted Forest' at Dorrington Park isn't just a lifestyle choice; it’s the fundamental driver of your property's future equity.
Market Overview
Ashgrove remains a top pick for families in Brisbane’s inner-west. Character Queenslanders on larger blocks, excellent school catchments, parks, and proximity to the CBD keep demand high. Supply stays tight with limited new developments, pushing prices steadily up into 2026.
Why Use a Buyer's Agent in Ashgrove?
- True Value Assessment: We provide a formal value report before you offer, so you never overpay
- Off-Market Access: We tap into deep agent networks to find homes you won't see on realestate.com.au
- Strategic Negotiation: Whether it's a private treaty or a high-pressure auction, we handle the stress and the tactics to secure the best terms
Valuer’s Perspective
The 4060 Market in 2026: In early 2026, Ashgrove remains one of Brisbane’s most supply-constrained markets, with properties averaging just 25 days on market. While the median house price is $1,920,000, we are seeing a significant premium for character homes in the Oakleigh State School catchment, often pushing past $2,700,000. In this high-pressure environment, the risk for unrepresented buyers is overpaying for ‘B-grade’ assets – properties on busy roads or with land utility flaws, that have been professionally staged to hide their defects. The 2032 Olympic infrastructure tailwinds are also starting to have a flow over affect, given the close proximity of Victoria Park, where the Olympic Stadium is to be built.
Characteristic Features
Ashgrove is characterised by its leafy streets and distinctive architectural styles, which include an array of spacious Ashgrovian style Queenslanders and charming post-war homes. These primarily timber and tin houses, commonly built from the 1920s to the 1940s, feature generous yards and wide frontages. The suburb’s residential architecture lend themselves to being raised and renovated, allowing plenty of room for extensions and renovations, a trend that has gained momentum in recent years.
Ashgrove hosts a diverse demographic, ranging from young professionals and families to older residents who have lived in the suburb for generations. This mix contributes to a vibrant community spirit and stable property market, with consistent demand maintaining strong property values over time.
Purchasing in Ashgrove offers great potential, whether for a family home or as an investment property. The suburb is celebrated for its well preserved homes that blend historical charm with modern comforts. While there are fewer multi-unit developments compared to other areas, the presence of some apartment complexes and townhouses provides a good balance and adds to the housing diversity.
Ashgrove’s zoning regulations and inclusion in a Demolition Control Precinct, preserves its unique suburban feel, preventing the proliferation of large-scale developments and ensuring the predominance of standalone homes. This policy helps sustain the area’s traditional aesthetic and appeal.
- Marist Brothers College was purchased by the Marist Brothers in 1930 with the college being established in 1940 as a day and boarding school and the buildings were commandeered by the Australian Army during World War 2.
- St. Finbar’s Catholic Church was constructed in 1955.
- Ashgrove State School was established in 1877.
- Waterworks Road was originally laid down in the 1860’s as an access road to Enoggera and Taylor Range.
- Mt. St. Michael’s College was opened in 1925 and was originally known as Grantuly after the residence that stood on the site and housed the college. It was renamed in 1941.
- The suburb’s first post office was established on 1 January 1877.
- A mail service began operating by coach between Brisbane and Ashgrove six days a week on 15 Mar 1877.
- The tramline was extended from Red Hill to Ashgrove in 1924.
Top 3 Searches for Due Diligence
1947 Aerial Photography
Searching council records to uncover the building and any renovaions age, is crucial for identifying if your property, especially pre-war homes, falls under demolition control regulations. This knowledge is key to understanding both the property’s heritage value and any restrictions on future development, ensuring compliance and preserving potential value.
Council Building & Renovation
Reviewing council records for building and renovation approvals reveals the property’s compliance with local regulations and any modifications made. It’s essential for assessing the quality, legality, and future potential of your property.
Flood Zone Check
Conducting a flood zone check is paramount in evaluating the environmental risk factors associated with the property, especially given that several areas of Ashgrove are flood affected. Understanding flood risks ensures you’re making an informed decision, safeguarding your investment against potential natural disasters.
Education
To find out how to investigate school catchments in Ashgrove and Brisbane, please refer to our Blog located here: How to investigate school catchments in Brisbane?
Pre-Schools and Day Care
- Ashgrove residents are spoilt for choice and options include: Goodstart Early Learning; Green Leaves Early Learning; Sparrow Early Learning; C&K Ashgrove West Preschool Centre; Ashgrove Memorial Kindergarten; C&K Oakleigh Community Preschool & Kindergarten; The Woods Early Education Centre and Preschool etc.
Schools
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Mater Dei Catholic Primary School
Co-Ed Public Primary School
7 Lynwood Crescent, Ashgrove (07) 3514 4100 -
Saint Finbarr's Primary School
Co-Ed Primary School
Betheden Terrace, Ashgrove (07) 3366 1397 -
Ashgrove State School
Co-Ed Public Primary School
31 Glory Street, Ashgrove (07) 3858 4777 -
Oakleigh State School
Co-Ed Public Primary School
Buxton Street, Ashgrove (07) 3510 2888 -
Marist College Ashgrove
Boys Private School Grades (5-12)
Frasers Road, Ashgrove, (07) 3858 4555 -
Mt St Michael's College
Girls Private School (Grades 5-12)
67 Elimatta Drive, Ashgrove (07) 3858 4222
Shops and Dining
Many residents of Ashgrove are fortunate to have the option of walking to their local neighbourhood shops and for their larger weekly shop, the suburb is well serviced by supermarket options. The main shopping complex at Ashgrove is located at the intersections of Waterworks Road and both Ashgrove Avenue and Stewart Road. As well as a host of speciality stores, bakeries, butchers, bottle shops etc. this quadrant also offers Woolworth, Coles, Aldi, Chemist Warehouse and 99 Bikes.
The Junk Bar, located on the corner of Waterworks Road and Ashgrove Avenue is a must-try for an intimate catch up whilst listening to some music in a setting that will transport you straight back to the 1970’s.
The Broncos League Club is located in walking distance of residents located at the eastern end of Ashgrove and the west Ashgrove café and convenience shopping precinct, is easily accessible from the western side of Ashgrove.
Popular cafes include: Home Café; Milkbar Café; Famished on Frasers; Corn Street Café; Café 63 and the list goes on.
Health
Ashgrove has a wide range of medical practitioners ranging from the various doctors’ surgeries, dentists, physiotherapists, as well as specialists.
A choice of gym’s and fitness options are catered for in Ashgrove including a 24 hour Goodlife Health Club and Jetts; Fitstop; UBX; F45; and the ever popular Studio Pilates etc.
Employment
Although a large number of local residents commute to the city daily, the suburb is home to quite a number of small businesses that either operate from a local shop front or directly from home. A serviced office located at Highpoint – 240 Waterworks Road, Ashgrove caters for small businesses and sole practitioners wanting a local base from which to work.
Transport
Being located only 4 kilometres from the Brisbane Central Business District, makes the city commute from Ashgrove very manageable, and many people also choose to walk to the city daily.
Brisbane City Council bus services provide regular transport connections along Waterworks Road and Stewart Road, direct to the city and surrounding suburbs. The Great Circle Bus Line also links the major shopping centre to Ashgrove and the City Glider service provides ease of access to the city as well as Suncorp Stadium, the Gabba and South Bank etc.
Ashgrove is also well serviced by bike paths which utilise the creek network to provide a safe and scenic link to the city to the east and The Gap to the west.
Although Ashgrove does not have a train station, the nearest one is located nearby in Enoggera. Many residents of Ashgrove can hear the trains from Enoggera in the early hours of the morning.
Parks
Ashgrove has an abundance of parks and outdoor areas ranging from pockets of native bushland, manicured ovals and open parklands, promoting a healthy outdoor lifestyle for its residents.
Dorrington Park, also known as the Enchanted Forest, is a well-known and popular park for children’s birthday parties and barbeques. For the older kids, there is a basketball hoop and skate park near the Wardell Street bridge end of the park.
The Ashgrove Golf Club, located at the western end of Ashgrove, is a popular and scenic course for a large number of local golfers.
Sunset park is a popular dog park and is located at the end of Monoplane Street, Ashgrove and the Marist flats, situated along Grevillea Road are popular with families and individuals and groups exercising.
Noise
Ashgrove is not located beneath any major flight paths, therefore plane noise is not an issue.
Vehicular noise and air pollution however can be a concern for residents located on or near the main roads in the suburb. The main roads being: Waterworks Road; Wardell Street; Jubilee Terrace; Stewart Road; and Ashgrove Avenue.
Flooding
Pockets of Ashgrove are subject to flooding and many houses were inundated in the most recent flooding. To find out how to undertake a flood search in Ashgrove, please refer to our Blog located here: How to check if a property is flood affected in Brisbane?
Demographics
Credit 2021 Census & 2025 Estimates
- Population of Ashgrove: 14,853
- Male: 49.6%
- Female: 50.4%
- Property owned outright: 31%
- Median Age: 38
- Average of children per family: 1.9
- Average # of people per household: 2.8
- Property owned with mortgage: 40.5%
- Number of families: 3,565
- Number of private dwellings: 5,145
- Median weekly household income: $2,873
- Property rented: 26.9%
House Insights for Ashgrove
Updated January 2026
- The median house price in Ashgrove: $1,920,000
- Price growth for houses in Ashgrove over the last 12 months: 10.2%
- The number of houses sold in Ashgrove in the last 12 months: 181
- Median time on market for a house to sell in Ashgrove: 25 days
Unit Insights for Ashgrove
Updated January 2026
- The median unit price in Ashgrove: $842,500
- Price growth for units in Ashgrove over the last 12 months: 14.1% (driven by high demand for boutique 'downsizer' living)
- The number of units sold in Ashgrove in the last 12 months: 41
- Median time on market for a unit to sell in Ashgrove: 8 days
Rental returns for Houses in Ashgrove
Updated January 2026
- Average gross rental return for a house in Ashgrove: 2.66%
- Median rental price for houses in Ashgrove: $775 per week
- Rental growth for houses in Ashgrove over the last 12 months: 7.0%
- Median time on market for a house to lease in Ashgrove: 16 days
Rental returns for Units in Ashgrove
Updated January 2026
- Average gross rental return for a unit in Ashgrove: 4.0%
- Median rental price for units in Ashgrove: $642per week
- Rental growth for units in Ashgrove over the last 12 months: 17.5%
- Median time it takes on market for a unit to lease in Ashgrove: 15 days
Considering buying a property in Ashgrove?
Here are 3 sales of properties in Ashgrove to give you an idea of values:
1/36 Trout Street, Ashgrove QLD 4060
2 bedroom, 1 bathroom, 1 garage, 1970’s partly renovated unit. Sold on 17th October 2025 for $765,000.
15 Corona Avenue, Ashgrove QLD 4060
5 bedrooms, 1 bathroom, 2 car carport character home on 556m2. Sold off market on 14th October 2025 for $1,850,000.
69 Devonshire Street, Ashgrove QLD 4060
5 bedroom, 3 bathroom, 3 garage, renovated character home on 880m2 with swimming pool. Sold on 29th August 2025 for $4,150,000.
Ashgrove FAQ's
What are the most desirable pockets in Ashgrove?
Elevated streets close to parklands or offering city views are highly sought after. Pockets near the highly sought after schools – Oakleigh and Ashgrove State School and the private schools – Marist College Ashgrove and Mt St Michael’s College. The Avenues (between Waterworks Rd and Enoggera Creek) are also very popular as are those in walking distance of Ashgrove Marketplace.
Is Ashgrove flood-prone?
While the hilly terrain protects most of the suburb, low-lying areas near Enoggera Creek require meticulous due diligence. As part of our service, we conduct deep-dive flood and structural assessments on every property we recommend.
How does Ashgrove compare to Bardon or The Gap?
Ashgrove often offers larger allotments and a more established ‘village’ feel compared to its neighbours, though it commands a higher entry price due to its proximity to the CBD and elite school catchments.
What are the primary school catchments in Ashgrove?
Ashgrove is highly sought after for the Ashgrove State School and Oakleigh State School catchments. Both schools operate under strict Enrolment Management Plans, making in-catchment property ownership a primary driver of local land value.
Why is Ashgrove property so resilient?
Resilience is anchored by a high 71.5% owner-occupier rate and strict heritage protections that limit new supply, ensuring character Queenslanders remain the gold standard for long-term capital growth.
Are there many off-market opportunities in Ashgrove 4060?
Yes. In a market where premium properties can trade “silently,” having a local agent with deep industry connections is the only way to see the full picture of available stock.In 2026, many of Ashgrove’s best homes never hit the major portals. We use deep industry contacts to access these properties “silently,” giving our clients first-mover advantage.
What are some "lifestyle nuances" of living in Ashgrove?
Ashgrove is famous for its ‘Ashgrovian’ timber homes – grand gables and box-seat windows that are exclusive to our suburb. Families love the ‘Enchanted Forest’ at Dorrington Park and the bike paths through Banks Street Reserve, which offer a lifestyle that is hard to match just 5km from the CBD
Does Ashgrove have good public transport?
While not serviced by trains, Ashgrove features a robust bus network via Waterworks Road and an extensive bike path network that connects directly to the CBD.
Summary
Ashgrove is a charming, leafy and family-friendly suburb that provides a wonderful home for its residents. We hope this guide has been helpful if you are looking at buying a property in Ashgrove.
If you’re ready to work with an Ashgrove buyers agent who personally lives and invests in Ashgrove, please don’t hesitate to contact us. As your local Ashgrove buyers agent with 25+ years experience as a Registered Property Valuer, we know every street and every opportunity in this wonderful suburb.
Feel free to contact us at your convenience: admin@templetonproperty.com.au | 0418 159 993
About Sam Price
Sam Price, Director & Lead Buyer’s Agent – Templeton Property Brisbane.
Sam Price is Director and lead Buyer’s Agent at Templeton Property. He has been helping client’s purchase their ideal home and investment properties for over 25 years.
He is a Registered Property Valuer and his qualifications include a Bachelor of Business (Property Studies), Graduate Diploma in Urban and Regional Planning and a Masters is Professional Accounting. Sam is married and has 2 school aged girls who keep his life very exciting.