89 Buckingham Street, Ashgrove QLD 4060
89 Buckingham Street, Ashgrove QLD 4060
Brand-new 5-bed architect house | North-rear 609m² with skyline views | Premium family finish | School-belt location | 4-car garage with mudroom
This house is a rare configuration for Ashgrove, where most stock is older character homes on similar land but with far fewer bedrooms, bathrooms, and parking. The five-bedroom, four-and-a-half-bathroom layout, combined with a four-car garage, positions it well above the typical local offering, and the north-rear orientation means the rear yard and main living spaces will capture good natural light throughout the day. The elevated outlook over the city skyline and treetops is a genuine point of difference, and the top-floor lounge, poolside terrace, and multiple balconies give it a resort-like feel that suits a family wanting space, privacy, and a strong indoor-outdoor connection. It is best suited to affluent owner-occupiers, particularly those prioritising school access and a move-in-ready, high-spec home without renovation risk.
The price may be influenced by how buyers weigh the premium finishes—such as the concealed butler’s pantry, bar, UV-tinted glass, and integrated speakers—against the land size, which is consistent with the suburb but not oversized. The four-car garage and mudroom add practical value for families with multiple vehicles or equipment, but the house’s multi-level design might not suit those seeking single-level living. The brand-new build status removes immediate maintenance concerns, which could justify a higher price than older renovated homes, but the lack of established landscaping or mature garden may be a consideration for some buyers. School proximity is a strong demand driver, and the elevated position may command a premium, though the final price will depend on how many comparable buyers are willing to pay for the combination of new build and outlook.
|| Comparable Sales: 50 Buckingham Street, Ashgrove—4 bed, 2 bath, 2 car, 607m², sold $1,554,100 | Property Price Band: $1.9M–$2.0M | Value Drivers: New-build condition, elevated views, high-spec finishes, and superior accommodation count
Detailed Independent Property Report prepared by PropCred Analyst team for 89 Buckingham Street, Ashgrove QLD 4060
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Ashgrove, 5km northwest of Brisbane’s CBD, remains a supply-starved inner-west market. Demand is driven by professionals and young families attracted to top-tier schools, short commutes, and a tight rental market, with house yields near 2.8% and units at 3.5%. The median house price reached $1.92m, up 10.2% annually, with houses selling in 25 days. Units rose 14.2% to $842.5k, with an even faster 8-day turnover. Only 171 house sales in the past year underscore low stock. Future growth rests on infrastructure links and lifestyle appeal, but affordability and rate sensitivity are key risks, especially in less desirable pockets.
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PropCred Estimated Value
Comparable Sales: 50 Buckingham Street, Ashgrove—4 bed, 2 bath, 2 car, 607m², sold $1,554,100 | Property Price Band: $1.9M–$2.0M | Value Drivers: New-build condition, elevated views, high-spec finishes, and superior accommodation count
Bedrooms
5
Bathroom
4
Parking
4
Land
609m²
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