4/12 Bott Street, Ashgrove QLD 4060
4/12 Bott Street, Ashgrove QLD 4060
2 bed, 2 bath, 1 car apartment | 151 mยฒ lot in Ashgrove | Modern configuration suits downsizers | In-building sale confirms price potential at $805k
This apartment occupies a competitively strong position in Ashgrove because its two-bedroom, two-bathroom configuration with dedicated parking aligns with what downsizers and professional households increasingly seekโlow-maintenance living without sacrificing space. The 151 mยฒ lot provides a generous footprint for an apartment, and the recent in-building sale at $805,000 indicates the complex can command a premium over older unit stock. This property serves best buyers wanting a modern, amenity-focused home in an established inner-west suburb, where character houses dominate but newer apartments remain relatively rare.
Several factors may materially affect this property’s value. The absence of building age and floor level information means the buyer should verify whether the apartment sits on a higher floor with better outlook, as that typically influences price. The one-car space is adequate for most owner-occupiers but may limit appeal for households with two vehicles. Quality finishes and open air-conditioned living are suggested by a same-address listing, which could support a premium if confirmed. The buyer should weigh these details against the $805,000 benchmark when forming a view on fair value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 4/12 Bott Street, Ashgrove QLD 4060
Market Insight:
Ashgrove is a premium Brisbane inner-west suburb, characterised by strong demand from professionals and families drawn to its lifestyle, community character, and proximity to the CBD and quality schools. The market is supply-starved, with only 171 house sales last year, driving robust price growth; median house prices rose 10.2% to $1.92 million, while units surged 14.2%. Future growth is anchored by its enduring appeal, though affordability and the risk of overpaying in less desirable pockets are key constraints.