Suburb data · Brisbane · QLD 4060

Ashgrove 4060 property market: price, yield and growth

Ashgrove, QLD 4060 is rated Prime in Handle's suburb model as at November 2026. The median house is $2,025,000 with a 2.5% gross yield, vacancy is 1.34% against 1.37% across Brisbane, and values have grown an average 9.6% a year over five years.

PrimeTop 10% of 3,393 suburbsData as at 9 November 2026
$2.02MMedian houseBrisbane median $1.49M
2.5%Gross yield$950 a week median rent
1.3%VacancyBrisbane 1.4%
+9.6%5-year growth a year+14.1% in the last 12 months
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The numbers

Ashgrove by the numbers

Every figure below is from the Handle suburb model, refreshed weekly. Brisbane is the council area.

MetricAshgroveBrisbaneContext
Median house price$2,025,000$1,487,250 
Median rent$950 / week +18.8% in 12 months
Gross rental yield2.5%2.8% 
Vacancy rate1.34%1.37%21 homes for rent
Days on market18 days  
Stock on market0.91% 46 listings, 172 sales a year
Months of inventory2.9  
12-month growth+14.1%  
5-year growth (a year)+9.6% +58% cumulative
10-year growth (a year)+9.2%  
Tight vacancy (1.34%)2.9 months of stockSells in 18 days

Price growth

A median Ashgrove house was worth about $1,280,000 five years ago. Today it is $2,025,000, a +58% change, or 9.6% a year. Over 10 years the average is 9.2% a year, and the last 12 months added +14.1%.

Past growth is not a guide to future growth. It tells you how the suburb has behaved, not what it will do next.

Five years in Ashgrove
$1.28MMedian house, 5 years agoDerived from the 5-year growth rate
to
$2.02MMedian house, November 2026+58% over five years

Rental market

The median house in Ashgrove rents for $950 a week, a 2.5% gross yield against 2.8% across Brisbane. Rents have moved +18.8% over the last 12 months, and vacancy sits at 1.34%, well under the 1.5% line we treat as tight.

Rent and vacancy
$950Median weekly rent for a house
2.5%Gross yield, Brisbane 2.8%
1.3%Vacancy, Brisbane 1.4%

Supply and demand

There are 46 houses listed for sale against roughly 172 sales a year, which is 2.9 months of stock. Homes take 18 days to sell on average. Low stock and quick sales usually mean buyers are competing for what is listed.

How fast Ashgrove sells
18daysAverage days on market
2.9mthsMonths of inventory
0.9%Of homes on the market

Who lives in Ashgrove

Ashgrove has about 13,450 residents, up 18.0% over 10 years. Median household income is $3,205 a week, 171% of the QLD median. 72% of homes are owner-occupied, and 9% of mortgaged households are in mortgage stress.

The community
$3,205Median household income a week
72%Owner-occupiers
9%Households in mortgage stress
Jobs and infrastructure

Where the jobs and the money are going

Employment across Brisbane, where 27% of jobs are in government-backed sectors like health, education and public administration, plus 1 tracked infrastructure project in the area.

Health Care and Social Assistance16.4%
Professional, Scientific and Technical Services12.0%
Education and Training10.2%
Retail Trade8.5%
Accommodation and Food Services7.3%
Underway · 2028Moreton Bay Indoor Sports Centre$205.5 million · 500+ jobs
PrimeHandle modelNovember 2026
Handle's read

What the data says about Ashgrove

Of the four signals our model scores, buyer demand and community fundamentals lead for Ashgrove and price growth trails. A suburb score is where we start, not where we stop: every property still has to pass our 29-check screen and fit your Exit Plan before we buy.

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Data as at 9 November 2026 from SuburbsFinder, ABS Census and public project sources, scored by Handle's suburb model across 3,393 suburbs. Bands: Prime is roughly the top 10%, Strong the next 20%, Watch the next 15%. General information only, not financial advice. Past growth is not a guide to future growth.

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What our clients say

Professionals who used Handle to buy, in their own words.

Questions

Ashgrove FAQ

Is Ashgrove a good place to invest in 2026?

Ashgrove is rated Prime in Handle's suburb model, in the top 10% of 3,393 Australian suburbs as at November 2026. The median house is $2,025,000 with a 2.5% gross yield and 1.34% vacancy. Whether it suits you depends on your borrowing, budget and plan, so we check every property against our 29-point screen before recommending it.

What is the postcode for Ashgrove?

The postcode for Ashgrove, QLD is 4060. Ashgrove is in the Brisbane local government area, and our data below covers houses in Ashgrove itself rather than the wider council area.

What is the median house price in Ashgrove?

The median house price in Ashgrove, QLD is $2,025,000 as at November 2026, against $1,487,250 across Brisbane. Values moved +14.1% over the last 12 months and averaged 9.6% a year over five years.

What is the rental yield in Ashgrove?

A median house in Ashgrove rents for $950 a week, a gross rental yield of 2.5%. The Brisbane median is 2.8%. Rents changed +18.8% over 12 months.

What is the vacancy rate in Ashgrove?

Vacancy in Ashgrove is 1.34%, against 1.37% across Brisbane. Below 1.5% is generally a tight rental market, which supports rents and shortens the time to find a tenant.

What is driving the Ashgrove property market?

Employment across Brisbane is led by health care and social assistance, professional, scientific and technical services, education and training, with 27% of jobs in government-backed sectors. Infrastructure in the area includes Moreton Bay Indoor Sports Centre. Homes sell in about 18 days with 2.9 months of stock.

Keep exploring

Nearby and related

Written by Ahijith (AJ) Chandra, co-founder of Handle Properties. Updated weekly; data as at 9 November 2026. Handle Properties is a licensed buyers agency, not a financial adviser.

Suburb Profile

Suburb profile for,

Ashgrove, QLD

Located in the dynamic state of QLD (postcode 4060), ASHGROVE is a vibrant real estate market. This suburb holds a median house price of $1,480,000 and has demonstrated an average buying growth of Up 7.4%. Last month, 40 houses were available, with 115 transactions completed in the past year. Properties spend around 39 days on the market, reflecting the area's demand with 3704 interested buyers. The average rental yield stands at 2.8%, with a weekly median rent of $450 per week and an average rent growth of Up 7.7%. Rental properties usually stay on the market for 18 days. The population in 2016 was 13045, which changed by +1.00% in the past five years. The median weekly household income is $2,269, reflecting an income change of +7.69% over the past five years. Residents have a median age of 35 years, and the suburb has an average annual growth for houses of +9.27%. To fully take advantage of ASHGROVE's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in ASHGROVE, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Ashgrove, QLD

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
QLD
Suburb
ASHGROVE
Postcode
4060
Median price for all dwellings
$1,480,000
Last 12 months growth return
Up 7.4%
Avg. dwellings for sale in the suburb every month
40
Avg. dwellings sold in the suburb in previous 12 months
115
Avg days on market for a dwelling listing to sell
39 days
Avg. number of people searching in this suburb every month
3704
Avg. rental yield per annum
2.80%
Weekly median rent for all dwellings
$450 per week
Median price for all houses
$1,480,000
Avg. rental yield growth in the previous 12 months
2.80%
Avg. days for a rental listing to find a tennant
18 days
Total suburb population in 2016
13045
Total suburb population change in 5 years up to 2016
1.00%
Avg. household income per week
$2,269
Median age of the population in the suburb
35
Historic avg annual growth return per annum in the suburb
9.27%