OFF MARKET

542 Waterworks Road
Ashgrove QLD 4060

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 83m2
Land area: 647m2
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Property Details for 542 Waterworks Rd, Ashgrove

542 Waterworks Rd, Ashgrove is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 647m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
1950
Floor Size
83m2
Land Size
647m2
Local Government
Brisbane
Lot/Plan
6/B3874

Last Listing description (March 2020)

Offering 4 bedrooms over two levels, and within strolling distance of West Ashgroves blossoming dining precinct, parks, bike paths, walking trails, elite schools and city-bound transport, this post war property is the perfect addition to any property portfolio!

Within the catchment for Ashgrove State Primary School & The Gap State High School and just 7km from Brisbanes bustling CBD, this is an opportunity to enter the highly desirable Ashgrove property market, with endless potential to reap the rewards of renovating what is a good-sized family home, run a business from this high exposure location or redevelop the 647m2 of land (STCA) on offer. The options are endless and sure to be appealing to buyers that dig for real estate gold!

Residents will love the lifestyle on offer in this prime location and are sure to fall in love with the following features:

Level access from the street leads to enclosed front patio & established garden surrounds
North/South orientation provides good natural light & cooling breezes throughout the house
Main living upstairs features ornate cornices & is generous in size
Open plan combined kitchen & dining area opens to covered rear deck capturing leafy vistas & cooling breezes
3 bedrooms upstairs, 1 built in, are serviced by a main bathroom
Lower level incorporates massive rumpus with kitchenette, bar & adjoining internal laundry
4th bedrooms downstairs is serviced by a bathroom & a covered outdoor patio area
Frequent buses servicing the local area & direct access to the city are on the doorstep
Local shops & eateries are an easy 5 minute walk from home and a short drive in either direction will see you at central Ashgrove Village or The Gap Village shopping centres

Knock down and build again with plenty of usable land to the rear of the property yet to be utilised in a fantastic area close to all amenities including transport, shopping and private school catchments. OR... It's perfect for a small home business with over 30,000 cars passing by daily, ensuring your business gets premium exposure. There's a multitude of possibilities available here to the savvy investor dont miss your opportunity to pursue them!

For more information please call Simon Parer on 0419 644 804.

Property History for 542 Waterworks Rd, Ashgrove, QLD 4060

A timeline of how this property has performed in the market
Last Sold
$585,000
19 Feb 2020
  • 19 Feb 2020
    Sold for $585,000
  • 11 Feb 2020
    Listed for Sale $550,000+

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About Ashgrove 4060

The size of Ashgrove is approximately 5.9 square kilometres. It has 33 parks covering nearly 17.2% of total area. The population of Ashgrove in 2011 was 12,916 people. By 2016 the population was 13,045 showing a population growth of 1.0% in the area during that time. The predominant age group in Ashgrove is 40-49 years. Households in Ashgrove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashgrove work in a professional occupation. In 2011, 69.4% of the homes in Ashgrove were owner-occupied compared with 69% in 2016.

Ashgrove has 5,629 properties. Over the last 5 years, Houses in Ashgrove have seen a 78.58% increase in median value, while Units have seen a 73.78% increase. As at 31 October 2024:

  • The median value for Houses in Ashgrove is $1,720,282 while the median value for Units is $768,089.
  • Houses have a median rent of $720 while Units have a median rent of $600.
There are currently 15 properties listed for sale, and 15 properties listed for rent in Ashgrove on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Ashgrove.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.