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Looking to buy, sell, or rent in Ashgrove? We are your trusted local real estate experts.
With decades of experience serving the Ashgrove community, we have a proven track record of successful transactions and a deep understanding of the local market. We know what it takes to deliver great results in Ashgrove.
With almost 60 years of combined experience, the Penrose team bring local knowledge and passion to real estate in Ashgrove and the Greater Brisbane region. Grant and Christina Penrose are passionate about helping people find new homes or investments, achieving their dream price in record time.
With Grant and Christina - you can rest assured that you’re getting a friendly and approachable local team who understands your market, can predict trends, and help you to buy or sell for the best possible price.
For more information on the suburb, market trends, lifestyle, work and education opportunities in Ashgrove see below.
Ashgrove is a short distance from the Brisbane CBD but remains a capsule of decent sized blocks, older style renovated homes and a buzz of family activity. An ideal location for working professionals to raise their families, Ashgrove is packed with wonderful shopping facilities and options for local education.
Offering a unique opportunity to escape the rat race while being close to schooling and employment, many residents who live in Ashgrove are long term homeowners who explain Ashgrove as ‘under their skin’. The unique restored Queenslander style homes offer the suburb a small country town feel where you can step into a simpler lifestyle the minute you get home. With many tightly held and sought after avenues, Ashgrove is full of hidden gems and homes that will surprise you.
A perfect candidate for long term potential growth, Ashgrove offers a lifestyle that Brisbane is famous for. With parks and bike tracks combined with Enoggera Creek and some homes boasting views of the mountains, Ashgrove has something for everyone to enjoy. Professional young families are the key demographic in this suburb and for good reason with some of the city’s best schools close by, and capital growth almost a guarantee. The airport is a short 20-minute distance thanks to the City Bypass, and busses are always travelling through for school children and professionals alike.
There are several parks, sporting grounds and a golf course in Ashgrove, along with native bushland, for Ashgrove locals to soak up Brisbane’s famously amazing weather. The infrastructure has been improving consistently through the years resulting in shopping opportunities, unique cafes and restaurants and specialty shops.
Ashgrove is known for its ‘timber and tin’ style homes and large blocks, with many locals describing the area as ‘perfect’ to raise a family. The style of homes has even earned their own title with an elevated position, small gables, large verandahs and winding staircases – ‘The Ashgrovian’, established in the 1930’s. With very little nightlife to speak of, Ashgrove is safe and quiet, but perhaps not suited for singles or students. Professionals and families can enjoy the abundance of walking tracks and leafy meanders through the side streets and parks, switching off from busy city life as soon as they drive into the suburb.
With the city being so close by, Ashgrove is a perfect port to call home after enjoying the spoils of Southbank or the buzz of the CBD, and its proximity to the highway makes for easy road trips.
With a firm place among Brisbane’s family of older suburbs, Ashgrove is the perfect spot to enjoy Brisbane’s sub-tropical summers, with the homes configured for breezes and sunsets long before air conditioning existed. When locals and tourists alike think of ‘Brisbane suburban living’ – chances are they’re picturing Ashgrove.
There are many options for schooling for Ashgrove children, with some of the best state schools and several private schools close by. These include Ashgrove State School, Oakleigh State School and St Finbarr’s School for Prep-6, and Marist College Ashgrove, Mater Dei Catholic School or Mt St Michaels College for senior years. Additionally, with the ease of transport and proximity, the opportunity and excitement of the city is within reach for corporate opportunities, hospitality work, plus universities and schooling for all ages.
Ashgrove offers a perfect work-life balance, being a short 7-minute drive to the CBD. With this balance, plus large block sizes and restored historic homes, the pricing for homes is slowly rising. Made up of primarily family-sized homes, the median house price is around $1.770,00. The average cost to rent a property in Ashgrove is around $800 per week.
Ashgrove homes have around 1628 visits per open home compared to 849 per property based on QLD averages.
Properties in the area are selling rapidly, with houses averaging just 25 days on the market and units selling in as little as 12 days. Most homes are snapped up well under the 50-day mark. Since peaking in 2020, Ashgrove’s property market has continued to perform strongly, with house prices seeing steady annual growth of 7.62%, while units have jumped by an impressive 25.70% over the past year.
Ashgrove is home to around 14,000 residents, with an average age of 36, reflecting a youthful and active community. The suburb has a high proportion of couples with children, making up approximately 56% of households, and around 71% of residents own their homes, highlighting its appeal as a stable and family-friendly community.
When you choose Grant and Christina to sell your property or to help you to buy, you’re signing up for guaranteed results. You’ll receive a free consultation to explain your goals... Read More
From your initial free consultation, Grant and Christina will understand your offering and determine how it will fit among the current market and sales trends. Brisbane locals through... Read More
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We had plenty of questions for Grant. His patience, attention to detail, his honesty and integrity all contributed to the success of the sale of our house. Grant provided daily updates on enquiries on the property, and weekly written updates on comments from the open houses. Grant ensured we understood every step of the open negotiation process so that we went into the final bidding stage fully informed.
The level of service is phenomenal. Nothing was too much trouble and they helped make what was a stressful time more easeful. They worked super hard to ensure that we got the very best price possible. They have the highest level of service I have seen for a very long time and it was like a breathe of fresh air. I cannot recommend this team highly enough!
Christina & Grant are totally professional. This is the second sale they have handled for us. Nothing is left to chance. They supplied quality trades who prepped the houses for sale. We followed their recommendations and advice with results well in excess of our expectations.
Grant & Christina put quality over quantity when it came to helping my family to sell our home. They knew exactly what to do and gave us excellent guidance along the way. We could not have been happier working with Grant & Christina! They are professionals in every aspect of the real estate business. Would definitely use their service again.
Grant is an honest, helpful and reliable agent. Although we knew he was extremely busy, he always made us feel like we were his only clients responding promptly to all of our questions.
Grant has sold 3 properties for me over the years and that speaks for itself. I wouldn’t have gone back twice let alone three times if I felt he could not perform. I highly recommend Grant to anyone who is intending to sell because he will give you 100%.
Christina is a lovely person and her knowledge and advice prior to our listing was invaluable. We had one open house which resulted in three offers, one of which was accepted. We were extremely happy with Christina's advice and professionalism and we were very happy with the result she achieved for us.
We have bought and sold numerous houses and units through Grant and Christina Penrose.
I would have to say that they are not only the most professional and passionate people in their industry that I've come across, but I think their customer service, attention to detail and results would stand up in any service industry anywhere in the country.
Let us also thank you for the fine work that you put into ensuring that our house was sold within my budget range and in a timely manner. Your efforts were most appreciated.
My experience dealing with Grant Penrose from Remax was exceptional. He sold my property in Boundary rd very quickly and kept me up to date and informed throughout the entire process. I would gladly recommend his service to anyone who requires a professional agent.
We highly recommend Grant, he has always gone above and beyond for us even in the most difficult of situations and has always well exceeded our expectations.
From the very outset I found the service provided by Christina and Grant to be totally professional, friendly and positive, always punctual, always cheerful and always ready to go the extra mile. Doing business with Christina and Grant was a pleasure!
As of March 2024 to February 2025, the median house price in Ashgrove is approximately $1,770,000, reflecting a growth rate of 9.8% over the past 12 months.
This continued market strength underscores Ashgrove’s appeal and investment potential, making it a highly desirable suburb for buyers and investors alike.
Ashgrove is a great suburb for those seeking a balance of tranquil living and convenient access to the city. With its peaceful environment, natural beauty, and proximity to major transport routes, it offers a relaxed lifestyle while still being within easy reach of Brisbane's amenities.
Additionally, Ashgrove is a fantastic choice for families due to its excellent educational resources. If you're looking for a suburb with a blend of serenity, accessibility, and great education, it is certainly worth considering.
Ashgrove is a good investment choice. The suburb has shown strong growth in property values, with houses experiencing a 9.8% annual compound growth rate and units seeing a remarkable 20.2% growth. Additionally, the rental yields are attractive, with houses offering a rental yield of 2.8% and units offering a higher yield of 4.2%.
The area's growth potential is further supported by its desirable location, family-friendly environment, and strong demand for properties. With a population steadily increasing and a variety of amenities, Ashgrove presents a promising investment opportunity for both residential and rental properties.
With the 2032 Brisbane Olympics on the horizon and Ashgrove located just 12 minutes from Victoria Park, where the new stadium will be built, the suburb is well-positioned to benefit from enhanced infrastructure and increased demand across the inner-city ring.
Ashgrove is located approximately 5.1 kilometres from the Brisbane CBD, taking around 12 minutes by car. There are also multiple bus options available, with travel time averaging around 25 minutes by bus.
