Suburb report · QLD 4060

Ashgrove

Prepared by the property strategists at Chase Wealth Australia

Compare with

Investment Score

Enter your details to see this suburb's Investment Score, medians, yields and growth.

Population

14,392

Ashgrove suburb profile

Who lives in Ashgrove

Ashgrove is 5km from central Brisbane, close enough to count as inner Brisbane. With 14,392 residents, Ashgrove is in the largest fifth of Queensland suburbs, well above the 4,480 of the median suburb. By population it is number 38 of 317 suburbs within 40km of the Brisbane CBD. The median age of 38 is close to the 39 of a typical Queensland suburb. Of the 317 suburbs within 40km of the Brisbane CBD, 179 have a younger median age.

Income and home ownership

Households here earn a median $159,800 a year, more than 96% of Queensland suburbs. Among the 317 suburbs within 40km of the Brisbane CBD, 30 report a higher median household income. Tenure is balanced for Queensland: 72.6% owner-occupied and 27.4% renting. On ownership it ranks 123 of 317 suburbs within 40km of the Brisbane CBD.

Household mix

At the 2021 Census, 4,637 households lived in Ashgrove, more than in 91% of Queensland suburbs. The household mix leans to families: families with children 52.3%, couples without children 22%, people living alone 20.8% and group households 4.9%. On the share of families with children it ranks 117 of 317 suburbs within 40km of the Brisbane CBD. The share of group households, 4.9%, is higher than in 80% of Queensland suburbs. Couples without children are scarce at 22%, fewer than in 90% of Queensland suburbs.

Housing supply

31 new dwellings were approved across the Ashgrove statistical area in the year to June 2025, 11% above its 2020 to 2024 average of 28 a year. The Ashgrove statistical area had 14,911 residents in 2025 and closely matches Ashgrove. That works out to 2.1 approvals per 1,000 residents of that area, below the 3.2 of the median Queensland statistical area. The busiest year for approvals since 2020 was 2021, with 42, and the quietest was 2022, with 19.

Population trend

From 2020 to 2025, the Ashgrove statistical area expanded its population by 5.3%, against 9.7% for Queensland as a whole. Over those 5 years a typical Queensland statistical area added 6.3%, putting this area 1 points behind. It ranks at the 42nd percentile of Queensland statistical areas for population growth over the period. The fastest single year was to 2023, at 3.5%, and the slowest to 2021, at -1.6%.

Against its neighbours

The sharpest contrast among the nearby suburbs is Toowong, where the share of families with children is 26.9% compared with 52.3% here. On the median household income, The Gap comes closest to Ashgrove: $149,800 against $159,800. Bardon sits 2km away, with a median household income of $194,900 against $159,800 here.

Location

Demographics

ABS Data by Region to 2025, on ABS Census 2021 suburb baseline
Population2025 estimate14,392
Median Age202438
Owner OccupiedCensus 202172.6%
RentingCensus 202127.4%
Median Household Income2023$159,800
New Dwellings ApprovedAshgrove SA2, 12 months to June 202531
Population ChangeAshgrove SA2, 2020 to 2025+5.3%

Household Mix Census 2021

Families with children: 52.3%Couples, no children: 22%Living alone: 20.8%Group households: 4.9%

Growth Projection Calculator

Projections for Ashgrove load with the full report once your details are in.

Similar Suburbs

Reading this report

Every figure in the Ashgrove data table is dated at its source. Supply and population change cover the Ashgrove statistical area, whose boundary differs from Ashgrove's, and our guide to reading a suburb report explains how our buyers agents weigh them.

$100M+

in property acquired for clients

1,200+

properties sourced and settled

500+

clients guided the whole way

98%

client retention rate

Speak with a Property Expert

Book a strategy session. We'll review your position and map your next purchase.

What best describes you?

This report is market intelligence prepared by Chase Wealth Australia for general information only. Figures are statistical estimates for the suburb, not valuations of any individual property, and do not constitute financial or credit advice. Consider your circumstances and seek professional advice before acting. Demographic figures are sourced from the Australian Bureau of Statistics, Census 2021 (licensed CC BY 4.0) where available.