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2024 Ashgrove Property Wrap-Up: What It Means for You in 2025

Ashgrove continues to be a high-performing suburb in Brisbane, showcasing steady growth and demand across both houses and units. Here’s a detailed look at the latest property market performance.

 

Houses

The house market in Ashgrove has remained strong, with a median price increase reflecting continued demand and the suburb’s lifestyle appeal. Properties are selling quickly, with an average time of just 22 days on the market, while rental returns remain competitive for the area.

  • Median House Value: $1.735,000 (12.07% increase YoY)
  • Median Days on Market for Houses: 22 days
  • House Transactions: 195
  • Median House Rent: $710/week
  • Median Gross Rental Yield for Houses: 2.69%

Units/Townhouses

The unit and townhouse market has experienced significant growth, with a 19.4% annual increase in median prices, reflecting high buyer demand and limited supply. Units and townhouses are selling even faster than houses, averaging just 11 days on the market, with strong rental yields making them attractive for investors.

  • Median Unit/Townhouse Value: $779,000 (19.4% increase YoY)
  • Median Days on Market for Units/Townhouses: 11 days (10% increase YoY)
  • Unit/Townhouse Sales: 51
  • Median Unit/Townhouse Rent: $600/week
  • Median Gross Rental Yield for Units/Townhouses: 4.32%

 

Source: REA and RP Data, CoreLogic

 

Ashgrove’s property market remains highly competitive due to its family-friendly environment, proximity to Brisbane’s CBD, and access to quality schools and amenities. The short days on market for both houses and units indicate a continued trend of strong buyer activity.

With continued growth in both sales prices and rental yields, Ashgrove presents an appealing option for investors seeking long-term capital growth and consistent rental returns. The suburb’s ongoing desirability makes it well-positioned for sustained market strength into 2025.

 

Interested in Knowing Your Property’s Current Worth?

Free Property Appraisal

Get your free property appraisal today with Calibre Real Estate. Our experienced agents are here to provide you with a comprehensive and accurate assessment, helping you make informed decisions in the Ashgrove real estate market. This service is beneficial whether you’re considering a sale, rent, or just want to understand your property’s current market value.

For more information and to stay updated on the latest real estate trends in Ashgrove, visit our website or contact our team of experts at Calibre Real Estate. Whether you’re buying, selling, renting, or simply exploring your options, we’re here to support you every step of the way.

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Red Hill QLD 4059
Australia

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