177 Waterworks Road, Ashgrove, QLD 4060 | Property Value & History | OnTheHouse
OFF MARKET

177 Waterworks Road
Ashgrove QLD 4060

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 177 Waterworks Rd, Ashgrove

177 Waterworks Rd, Ashgrove is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1950. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Townhouse
Year Built
1950
Local Government
Brisbane
Lot/Plan
16/RP20491

Last Listing description (June 2026)

Refined Inner-City Living in Exclusive Complex of Five

THE STYLE:
Designed by Ivan Gastaldon Architects, this near new townhouse, BANBA, delivers 152m of refined, single-level living within an exclusive complex of just five private residences. Positioned towards the rear of the complex, the home enjoys a peaceful and private setting, cleverly designed to maximise space, privacy and natural light with north, west and east aspects. A vaulted ceiling creates a striking sense of volume and elegance throughout the main living zone.

A private entry via stairs to level three leads to the main living level, creating a strong sense of separation and arrival. Designated undercover tandem parking for two cars is provided below, offering both convenience and peace of mind. Inside, premium luxury vinyl timber-look flooring with specialised acoustic treatment complements the elevated ceiling heights, while the open plan living and kitchen area flows seamlessly to a spacious covered outdoor terrace which faces east, perfect for entertaining or quiet relaxation.

The kitchen is sleek and functional, complete with stone benchtops, a Miele electric cooktop, Miele dishwasher and included fridge, perfectly suited to modern living. Split system air conditioning is installed throughout the living area and all three bedrooms.

The generously proportioned main bedroom is a private retreat, featuring built-in wardrobes, a stylish ensuite and split system air conditioning. Two additional bedrooms are equally well appointed, each with built-in wardrobes and split systems, offering flexibility for family, guests or a home office.

The home also features a separate exclusive secure dust-proof generously sized storage room.

Set in the highly sought-after Ashgrove, this residence enjoys close proximity to cafs, shops and public transport, while being under 5km from the CBD. Currently rented, the property presents an outstanding investment opportunity in a tightly held inner-city suburb, with continued growth expected leading into the Brisbane 2032 Olympic Games. Equally suited to downsizers and professionals seeking an easy care lock-and-leave lifestyle, this is a rare opportunity to secure low-maintenance luxury with exceptional architectural design and low body corporate fees.

THE FACTS:
* BANBA: Exclusive boutique complex of only 5 residences
* Positioned privately towards the rear of the complex
* Quiet and peaceful setting
* Private entry with stairs leading to the main level
* Vaulted ceilings in the open plan living zone
* Open plan living and kitchen with included fridge
* Miele electric cooktop and Miele dishwasher
* Spacious covered outdoor terrace
* Premium luxury vinyl timber-look flooring with specialised acoustic treatment throughout
* Main bedroom with ensuite, built-in wardrobes and split system air conditioning
* Two additional bedrooms with built-in wardrobes and split systems
* Laundry within the main bathroom (dryer included)
* 2 designated undercover car parks plus lockable private storage room
* Separate exclusive secure dust-proof storage room
* Separate parcel box for residents
* Prime Ashgrove location close to cafs, shops, public transport and less than 5km to the CBD
* Located within the catchment areas for Ithaca Creek State School (Primary) and Kelvin Grove State College (Secondary, Prep12)

BODY CORPORATE INFORMATION
Body Corporate Fees: Approximately $1,170 per quarter
Brisbane City Council Rates: Approximately $330 per quarter

This is a rare opportunity to secure an architecturally designed residence offering privacy, quality finishes and low-maintenance living in one of Brisbane's most desirable inner-city suburbs.

Property History for 177 Waterworks Rd, Ashgrove, QLD 4060

A timeline of how this property has performed in the market
Last Sold
$780,000
16 Dec 2019
  • 19 Jun 2026
    Listed for Sale Offers Over $1.35M
  • 01 Sep 2022
    Listed for Rent $580 per week
  • 09 Jul 2021
    Listed for Rent $650 per week
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About Ashgrove 4060

The size of Ashgrove is approximately 5.9 square kilometres. There are 33 parks, covering nearly 17.2% of the total area. The population of Ashgrove in 2016 was 13039 people. By 2021 the population was 13450 showing a population growth of 3.2% in the area during that time. The predominant age group in Ashgrove is 10-19 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 2021, 71.50% of the homes in Ashgrove were owner-occupied compared with 69.00% in 2016.

Ashgrove has 5,667 properties. Over the last 5 years, Houses in Ashgrove have seen a 55.08% increase in median value, while Units have seen a 115.01% increase. As at 30 June 2026:

  • The median value for Houses in Ashgrove is $1,963,308 while the median value for Units is $974,853.
  • Houses have a median rent of $900 while Units have a median rent of $635.
There are currently 34 properties listed for sale, and 9 properties listed for rent in Ashgrove on OnTheHouse. According to Cotality's data, 219 properties were sold in the past 12 months in Ashgrove.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.