Ashgrove is a well-established suburb in Queensland within the Brisbane local government area (postcode 4060). With a population of 13,450, the suburb has an established demographic with a median age of 38. Households earn a median income of $149K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Ashgrove is $1.7 million, having surged 13.9% over the past year. Units have a median price of $690,000 (+11.3% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,600.
Ashgrove is served by 5 schools, including 3 primary, 2 combined. The average ICSEA score is 1156, which is well above the national average of 1,000. Public transport access includes 79 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Ashgrove offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.7M/$1.1M), placing it in the premium segment. The price-to-income ratio of 11.3x is considered stretched. House prices have moved +13.9% year-on-year.
Ashgrove is a well-established suburb in Queensland within the Brisbane local government area (postcode 4060). With a population of 13,450, the suburb has an established demographic with a median age of 38. Households earn a median income of $149K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Ashgrove is $1.7 million, having surged 13.9% over the past year. Units have a median price of $690,000 (+11.3% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,600.
Ashgrove is served by 5 schools, including 3 primary, 2 combined. The average ICSEA score is 1156, which is well above the national average of 1,000. Public transport access includes 79 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Ashgrove offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.7M/$1.1M), placing it in the premium segment. The price-to-income ratio of 11.3x is considered stretched. House prices have moved +13.9% year-on-year.