122 Crosby Road, Ascot, QLD 4007 | Land for sale | OnTheHouse
 
FOR SALE
Offers over $4,000,000

122 Crosby Road
Ascot QLD 4007

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Land area: 885m2
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Call For Inspections - Prestigious 885sqm Ascot Parcel with Mesmerising City Views

An exclusive holding and rare land offering, breathing in the full expanse of the city skyline, this 885sqm parcel presents a fresh foundation for transformation on an esteemed Ascot hillside.
Set behind an expansive 25-metre frontage with vistas spanning the CBD skyscrapers and surrounding landscape, this premier site features Demolition Approval in place and an open horizon to reinvent with a brand-new luxury residence, redevelopment, or subdivision into 2x 442sqm lots (STCA).
Poised against an evolving cityscape changing with the golden sunsets and glistening evening lights, this mesmerising backdrop will set the stage for daily life in this enviable Ascot enclave.
Presenting a lifestyle like no other, buyers will secure a beautiful blue-chip setting. Only 400m from Crosby Park, families are mere steps from open green space, Brothers Rugby Club, and the nearby cafe, restaurants and brewery. Racecourse Road and Portside Wharf offer shopping and dining on your doorstep, the riverfront awaits for waterfront walks, and this premier position is just 5km from the CBD and 15 minutes from Brisbane Airport.
Well-serviced by transport and surrounded by Brisbane's best schools, children can walk 550m to St Margaret's and 750m to Ascot State School.
Property features include:
- Exclusive, elevated 885sqm land offering with 25m frontage
- Breathtaking vistas across the full expanse of the city skyline
- Opportunity to build, redevelop or subdivide (STCA)
- Demolition Approval already in place
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Property Details for 122 Crosby Rd, Ascot

Building Type
Land
Land Size
885m2
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About Ascot 4007

The size of Ascot is approximately 2.8 square kilometres. There are 7 parks, covering nearly 34.1% of the total area. The population of Ascot in 2016 was 5777 people. By 2021 the population was 6531 showing a population growth of 13.0% in the area during that time. The predominant age group in Ascot is 30-39 years. Households in Ascot are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ascot work in a professional occupation.In 2021, 56.10% of the homes in Ascot were owner-occupied compared with 54.70% in 2016.

Ascot has 3,703 properties. Over the last 5 years, Houses in Ascot have seen a 50.65% increase in median value, while Units have seen a 119.15% increase. As at 31 May 2026:

  • The median value for Houses in Ascot is $2,855,409 while the median value for Units is $1,014,056.
  • Houses have a median rent of $1,295 while Units have a median rent of $670.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Ascot on OnTheHouse. According to Cotality's data, 181 properties were sold in the past 12 months in Ascot.

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Dwight Ferguson
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Leigh Kortlang
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