48 Highcrest Ave, Wavell Heights is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1220m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom House sold in Wavell Heights in the last 12 months.
Steeped in timeless character and subtle grandeur, this beautifully maintained residence sits atop a rare 1,220m² double block in a tightly held enclave, offering an extraordinary opportunity for visionary buyers. With an elevated position and potential for city views from a future second-storey build, the site is ideal for crafting a dream home or a multi-residence development (STCA). Whether you're seeking a unique renovation project or the perfect parcel to build a new, this property promises location, scale, and limitless potential.
The current residence, rich in architectural charm, provides a functional footprint while inviting scope for reinvention. Traditional details such as a stone fireplace, ornate cornices, and polished hardwood floors hint at the home's legacy, while multiple outdoor spaces provide generous room to extend or redesign. A large kitchen with copper accents and west-facing windows enjoys garden views, and multiple living zones create flexibility for staging or living while planning your next move.
With three covered alfresco areas, secure garage and carport parking, and a peaceful, established setting, this double block is ready to accommodate a luxury new build or potential subdivision. Its generous proportions and wide frontage allow for excellent design freedom, all within a highly sought-after Brisbane pocket.
Located in a prestigious, tightly held neighbourhood, this address combines lifestyle with opportunity-close to excellent schools, parks, and major shopping and transport hubs. Whether held as an investment, reimagined as a landmark residence, or transformed into multiple dwellings (STCA), this rare landholding presents boundless possibilities. Arrange your inspection today.
Property Specifications:
• 1,220m² rare double block with wide frontage and future development potential (STCA)
• Elevated position offering potential for second-storey city views
• Original residence with stone fireplace, ornate cornices, and hardwood floors
• Multiple outdoor entertaining areas, including three covered patios
• Functional kitchen with copper detailing, St. George appliances, and west-facing windows
• Large living and dining areas, plus a 1990s rear extension with marble-tiled flooring
• Master suite with polished floors, inset screens, marble-tiled ensuite, and external shutters
• Second bedroom with outdoor access, shutters, and carpet over hardwood flooring
• Enclosed garage, covered carport, aluminium garden shed, and separate laundry with external access
• Located in a prestigious neighbourhood close to leading schools, parks, and amenities
The size of Wavell Heights is approximately 4.1 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Wavell Heights in 2016 was 9684 people. By 2021 the population was 10336 showing a population growth of 6.7% in the area during that time. The predominant age group in Wavell Heights is 30-39 years. Households in Wavell Heights are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Wavell Heights work in a professional occupation.In 2021, 71.30% of the homes in Wavell Heights were owner-occupied compared with 70.60% in 2016.
Wavell Heights has 4,282 properties. Over the last 5 years, Houses in Wavell Heights have seen a 91.37% increase in median value, while Units have seen a 107.25% increase. As at 31 March 2026:
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