41 Raleigh Parade, Ashgrove QLD 4060

3 bed | 3 bath | lift-served three-level house | compact 101m² on 470m² | bushfire overlay present What is competitively strong about this property is its unusual vertical configuration for Ashgrove. A three-level house with an internal lift is rare in this suburb, where most stock is single-level or highset post-war homes. This makes it suited to buyers who want house-scale living without stairs, or those planning multi-generational occupancy. The three bathrooms and modern amenity set, including solar and a workshop, place it well above typical Ashgrove stock for convenience. The school catchment for Newmarket State School and Kelvin Grove State College adds strong family appeal, and the compact footprint on a 470m² lot means the land component carries real weight in value terms. The bushfire overlay is a material factor that may affect insurance costs and some buyer appetite, though it is not uncommon in this part of Brisbane. The 1950 build date with a lift and three levels suggests either substantial alteration or a major rebuild, which a buyer should verify for structural integrity and compliance. The compact 101m² building area may limit appeal for families seeking generous internal space, and the three-level layout could be a practical constraint for some households. The divergence in portal-based value estimates signals that price formation here is sensitive to how the market weighs the land versus the unusual built form. A buyer should inspect carefully to understand the quality of the renovation and whether the lift adds genuine value or maintenance risk.