41 Ashby St, Fairfield is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 405m2 and floor size of 209m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 5 bedroom House sold in Fairfield in the last 12 months.
Positioned in one of Fairfield's most convenient pockets, 41 Ashby Street presents a rare and incredibly flexible opportunity for families, investors, or those seeking genuine dual living potential. Set on a 405m2 allotment with a wide driveway, established gardens and a classic elevated façade, this charming residence seamlessly blends character warmth with outstanding versatility across two fully self-contained levels.
From the moment you arrive, the home's traditional appeal is evident. Elevated to capture breezes and privacy, the upper level showcases the timeless features so loved in traditional homes - high ceilings, generous proportions and beautiful natural light filtering through the windows. This level functions as a complete three-bedroom, one-bathroom residence, offering comfortable family living with well-separated spaces.
The upstairs living room is spacious and welcoming, ideal for relaxed evenings or entertaining guests. Adjacent, the kitchen and dining area provide ample bench space, cabinetry and natural outlooks to greenery. Each of the three bedrooms is well-sized, serviced by the bathroom, creating a practical and cohesive layout ideal for families or tenants alike.
What truly sets this property apart, however, is the fully self-contained lower level - a genuine two-bedroom, one-bathroom granny flat that offers exceptional flexibility. With its own private entry, dedicated living and dining space, kitchen facilities and bathroom, the downstairs area operates independently from the upstairs residence. This is not simply additional rooms - it is a complete secondary dwelling configuration.
The lower level opens up extraordinary possibilities:
• Dual occupancy for extended families
• Ideal accommodation for elderly parents or adult children
• Live upstairs and rent downstairs for supplementary income
• Full investment with two income streams
• Airbnb or short-term rental potential (STCA)
• Work-from-home office with separation and privacy
The floor plan clearly demonstrates the separation and independence between the two levels, allowing occupants to enjoy privacy while still remaining under one roof.
Outside, the home continues to impress. The backyard is framed by mature trees, creating a private and leafy setting rarely found so close to the city. There is ample lawn space for children and pets, room for entertaining, and scope for future improvements. The long driveway provides generous off-street parking and easy access to the rear of the home.
Location is where this property truly excels. Situated just moments from Fairfield Gardens Shopping Centre, Fairfield train station and multiple bus routes, commuting to the CBD is effortless. The home also enjoys proximity to The University of Queensland, Princess Alexandra Hospital and Greenslopes Private Hospital, making it particularly attractive to medical professionals, academics or students seeking rental options. Major arterial roads are easily accessible, yet the street itself remains quiet and community-oriented.
Fairfield is renowned for its lifestyle appeal - leafy streets, river walks, parklands and a strong sense of neighbourhood charm. Opportunities to secure genuine dual living properties in this suburb are exceptionally rare, particularly those offering true self-contained functionality across both levels.
Whether you are seeking a high-yield investment, a multi-generational living solution, or a strategic purchase in a blue-chip inner-south suburb, this home represents outstanding flexibility, future growth potential and immediate usability.
This is not simply a house - it is a property with options. And in today's market, options are everything.
The size of Fairfield is approximately 1.3 square kilometres. It has 13 parks covering nearly 19.9% of total area. The population of Fairfield in 2016 was 2980 people. By 2021 the population was 3106 showing a population growth of 4.2% in the area during that time. The predominant age group in Fairfield is 20-29 years. Households in Fairfield are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Fairfield work in a professional occupation.In 2021, 56.40% of the homes in Fairfield were owner-occupied compared with 52.90% in 2016.
Fairfield has 1,471 properties. Over the last 5 years, Houses in Fairfield have seen a 58.70% increase in median value, while Units have seen a 102.37% increase. As at 28 February 2026:
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