30 Gavan Street Ashgrove QLD 4060

Recently sold for $2.51m|Double block potential|4-5 beds 3 baths|Valued $2.6-2.7m |This five-bedroom house on a 405m² lot—part of a potential double block—suits extended families or renovators eyeing subdivision opportunities in a residential setting. The property’s compact land size relative to its multi-level build offers practical living across two storeys, with features like air conditioning and outdoor spaces supporting everyday family needs without excess maintenance. Sitting on a street with similar housing stock, it blends into Ashgrove’s established residential fabric, where double-block configurations like this one stand out for their redevelopment flexibility amid a bushfire overlay but no flood risks. Buyers drawn to such homes are often growing families or investors who value school catchments and reliable NBN plus 5G access for modern living. In the local market, comparable four-to-five bedroom houses have seen solid performance, with medians around $2.1m and recent suburb growth at 18.8%, underscoring demand for spacious inner-city options. This one’s recent $2.51 million sale in August 2025 reflects strong buyer interest, positioning it at the higher end of estimates hovering $2.6-2.7 million. Long-term appeal stems from its dual-lot structure—two 405m² allotments with 20m frontage—offering holding value through potential separate titles or extensions, especially as Brisbane’s residential zoning supports such uses. While building coverage at 39% leaves room for enhancements, the 810m² total footprint elevates its scarcity in a tightening market. Overall, it holds steady equity potential for patient owners balancing lifestyle and future upside.