Postcode 4007, covering the blue-chip suburbs of Ascot and Hamilton, has once again proven its standing in Brisbane’s prestige property market. Over the past 12 months, three standout sales have set the tone for what buyers are willing to pay to secure a home in one of the city’s most desirable enclaves.
The top sale in the area, and among the highest recorded in Brisbane for the year, was 22 Yabba Street, which changed hands for an impressive $10.5 million. This sale reflects a growing appetite for large, well-appointed homes in tightly held pockets.
Set on a generous parcel of land, the residence offers a rare combination of scale, privacy and premium amenities, including a tennis court, pool and landscaped gardens. This renovated Tudor-style residence is regarded as an Ascot landmark. It blends nostalgic charm. Think leadlight windows, an original fireplace and Morris & Co wallpaper—with modern indulgences including a floodlit tennis court and a poolside firepit patio. Properties at this level remain scarce, with few listings matching its calibre.
154 Yabba Street, Ascot – $5.8 million
Photo Credit: Google Maps
Just a few doors down, 154 Yabba Street also recorded a major sale at $5.8 million. Originally a 1920s Queenslander, 154 Yabba Street has been architecturally reinvented by Ian Webb Architects into a modern family sanctuary. Inside and out, it wows with resort-like features—there’s a sunken lounge, hanging gardens, and even a heated magnesium pool with cantilevered daybeds over the water.
With two of the top three sales on the same street, Yabba Street is emerging as a prestige micro-market within Ascot. The property’s high-end finish, street presence, and walkable location near Oriel Park and Ascot State School made it especially attractive to families upgrading within the suburb.
64 Riverview Terrace, Hamilton – $5.8 million
Photo Credit: Google Maps
Rounding out the list is 64 Riverview Terrace in neighbouring Hamilton, which also sold for $5.8 million. Perched high on Hamilton Hill’s exclusive ridgeline, this home shares in the prestige of a street famed for its extraordinary homes and panoramic river views. In fact, local agents note that Riverview Terrace boasts some of Brisbane’s most unique residences – properties along this hilltop enclave can command eight-figure price tags.
The sale reflects continued strength in Hamilton’s top-end market, driven by limited supply and high demand for river-adjacent property.
Why These Numbers Matter
These three sales underline the continued strength of Brisbane’s prestige market, particularly in the inner north. Notably, the concentration of activity on one street, Yabba Street, where multiple properties have commanded significant price tags within a year. This suggests more than just isolated buyer interest. It points to a shift in how certain pockets within established suburbs are being valued.
In a broader context, these results come amid increasing buyer competition for quality homes in lifestyle suburbs with proximity to elite schools, green space, and transport links. Ascot and Hamilton have long been considered aspirational addresses, but this latest data reinforces their place at the very top of Brisbane’s residential hierarchy.
For homeowners in the area, it’s a strong signal of rising land value and sustained interest from high-net-worth buyers. For agents and investors, it’s a clear indicator of where demand remains strongest, even as broader market conditions fluctuate.
We’ve combed Ascot and Hamilton for the best reviewed restaurants in the area where people waxed lyrical about their dining experience and what they love most about it. Here’s our list!
George Michaelson ⭐⭐⭐⭐⭐ Passionate about food and wine, they really care about what they’re doing. Pulling this off in a restaurant would be good but pulling this off in a bus with a tiny mise.. Sarah knows her wine, the pairings were great. They take note of allergies and are super careful.
TheRealOGLoc ⭐⭐⭐⭐⭐ The ambiance of this restaurant is absolutely delightful, creating the perfect setting for a memorable dining experience. The food is delicious, and their quail dish is truly unique and flavorful—a must-try for anyone looking to indulge in something extraordinary.
Linda Erg ⭐⭐⭐⭐⭐ Da Biuso is a special dining experience. The food was considered and beautiful. Highlights for me were the buttery scampi and delicate trout. The fit out is adorable and the custom plates were a wonderful touch. Sarah and the team were attentive, knowledgeable and accommodating.
Constantine T ⭐⭐⭐⭐⭐ Highly recommend ! After visiting twice, I can confidently say it’s a fantastic spot for a great dining experience. The service is outstanding—staff members are warm, attentive, and make you feel genuinely welcome. The food is of exceptional quality, with fresh ingredients and flavors that truly stand out. Best oysters ever tasted, fresh and juicy. Whether you’re looking for a casual meal or a night out with friends, Flaming & Co delivers on both atmosphere and taste. Definitely a place worth returning to!
Marco Ho ⭐⭐⭐⭐⭐ We went with some friends for dinner and had a great time. Food was excellent, I recommend the kangaroo croquette (if you don’t prefer it gamey) and the smoked chicken which was cooked perfectly with succulent texture plus generous serve. The restaurant is dog friendly with outdoor seating (front patio) and had a warm vibe. At the time of this review, we ordered from the summer menu 2025.
Donna Tulloch ⭐⭐⭐⭐⭐ Everything was absolute perfection. Steaks were the best. You probably need to order a side with the main though as the portion for the main is smaller but still plenty with the extra side. Wattleseed bread as a starter was amazing. We dined from the winter menu and I’ve posted the pics here as I noticed their menu options were different to photos from reviews. Service was fantastic. Really delicious food and lovely atmosphere. We really liked the modern Australian spin on classic food. The service was lovely and the food was wonderful. Surprise favourite: duck pate. I’m not generally a pate fan but my partner is. We both loved it. The sauce and sauerkraut went really well with it!
John Har ⭐⭐⭐⭐⭐ The food was excellent. I had the banquet meal along with most of our group. It was a delicious experience that was crafted with some real talent. The ingredients were bursting with freshness. Throughout the evening we were served by very friendly people who had a good eye for detail and addressed our needs well. The restaurant is in a beautiful location and presents very well inside, the atmosphere was relaxed, friendly and enjoyable. Fosh bar & restaurant sets a standard for 5 stars that I think other establishments will have difficulty attaining. Yes, it’s that good.
Monique Simmons ⭐⭐⭐⭐⭐ FOSH delivered an incredible dining experience! We had oysters, squid, Thai fish curry, and mussels—each dish was packed with flavor, with the Thai fish curry being a standout surprise. The service was impeccable, with friendly and knowledgeable waitstaff who were happy to chat and offer menu insights. A fantastic spot for a date night.
Mira Seth ⭐⭐⭐⭐⭐ Grilled fish was great. Would def come back for the grilled fish though. Prices are pretty decent too for you get. Portions are pretty alright. Would def come back and try the other dishes sometime. Dusaf is also really attentive and made sure everything was going good for our table.
Na ⭐⭐⭐⭐⭐ Pleasant experience with Sono from beginning to end. We had the 6 course banquet ($125pp) and everything was amazing. The staff’s knowledge was superb as they explained in detail all the food that was served. I highly recommend the black cod as the main as it absolutely blew us away. Furthermore, they were all super friendly and congratulating us and asking to take our pictures as it was our anniversary. This place is worth the money and has became a favourite. Would come here again
Matthieu Mo ⭐⭐⭐⭐⭐ Got a private room with my parents and wife! The service was amazing, quick, and extremely friendly + knowledgeable about the food! I enjoy fine dining, but I am especially glad that they timed the food items perfectly. Did not have to wait between the courses
TONY DING ⭐⭐⭐⭐⭐ Service is awesome! They prepared a table next to river view for our anniversary. – Food is fresh and various. Dinner set is perfect for two people. – My favourite dish is long-time seasoned miso roasted fish. Fish is very tender, well-seasoned and with a tint of charcoal-grilled flavour. So yummmm!!! – Not cheap, but pretty sure we will be back there.
Nishant Rana ⭐⭐⭐⭐⭐ I had a wonderful dining experience at Aroma Restaurant! I ordered the Pollo Prawns, and it was not only beautifully served but also incredibly tasty and healthy. Every bite was full of flavor, and I truly appreciated the quality of the ingredients. The pizza was hands down the best I’ve had in a long time—perfectly cooked with a delicious crust and generous toppings. The overall atmosphere was warm and inviting, and the service was excellent. I will definitely be coming back again. Highly recommend Aroma Restaurant to anyone looking for great food and a delightful dining experience!
Feasting with Zen ⭐⭐⭐⭐⭐ New to the area, was happy to give them a try what a delightful menu, many options to select from, a great wine & cocktail list. Brisbanes biggest Parmi, It was too big for us!! Friendly team, thank you Annabelle for great service.
ASH PATEL ⭐⭐⭐⭐⭐
The breakfast menu offers a variety of options, from classic dishes like eggs Benedict to more contemporary choices such as avocado toast. Dishes are well-presented, and the use of fresh ingredients is evident in the flavors. The coffee, a highlight for many visitors, is rich and expertly brewed. Aroma @ Ascot delivers a satisfying breakfast experience with its combination of delightful ambiance, attentive service, and quality cuisine. It stands out as a recommended spot for both locals and visitors seeking a pleasant start to their day in Ascot.
We had breakfast here & the food was good. The Xiu Mai (Vietnamese meatballs) were a particularly tasty dish, according to my partner. My order was the Buddah bowl, also good, very healthy dish, with edamame, beetroot homous, tomatoes, spinach, avocado etc. Fresh ingredients & generous serves. Service a little slow, but they were busy
Jhony Stiven Huertaz Ortiz ⭐⭐⭐⭐☆
I just had the Beef Stew (Bo Kho) at Verandah on Racecourse and it was an exceptional experience. I added an extra serve of rice with hot sauce and ordered a chocolate with Taro. The portion is generous and the combination of flavours gives it an interesting sense of authenticity. If you’re looking for a breakfast that is more than your standard bacon and eggs, this is a great option if you’re in Hamilton. The service was attentive and the atmosphere was pleasant and fresh.
Tribal Woman ⭐⭐⭐⭐⭐
My partner and I ate here on a Saturday night. Our food was delicious and fresh! I had the vegetarian fried rice and it was so good; I absolutely devoured it! My partner had a chicken pho, his favourite Vietnamese dish, and he really enjoyed it. We both stuffed our faces as it was SO yummy! Fabulous and fresh, the loveliest staff, and of course, the most beautiful restaurant on Racecourse Road! Oh, and they have wonderful live music. So 10/10. Love this plac
Michael Meng ⭐⭐⭐⭐⭐ A great place to grab dinner. Menu is good. Food is served quickly and tastes great. The pizzas are surprisingly filling. Chicken Parmigiana is very, very good. Dinner serving sizes are great. Atmosphere is great. During my two dinners, sports (NFL – Jan 2025) were shown on the multiple TV screens. The dining area is clean. Toilets are clean also. I would definitely eat here again.
Dave Mac ⭐⭐⭐⭐⭐ We have just had Gallopers Xmas lunch. I can’t say anything, but it was a gastronomic delight. The freshest seafood, perfectly roasted meats and salads to tatilise your tastbuds all accompanied by an aray of every vegetable you can think of. Not to mention the work of the pastry chef, which was an art form. Well done to all the chefs. I understand this was the first time at gallopers. Can’t believe it. Felt like you had perfected this over many years.
Oliver O’loughlin ⭐⭐⭐⭐⭐ This place is a straight 10… Best steak sandwich in brisbane. Service is always off tap and the ambiance is something I could only hope my funeral reflects.
Whilst real estate prices in Ascot and Hamilton are amongst the highest in Brisbane, most residents don’t know about the diverse and fascinating history of the area. For example the connection of Ascot’s name to the racecourse, the 154-year history of the Hamilton Hotel, the chaos of keeping the Eagle Farm Women’s Prisoners away from the men, the role of Brett’s Wharf in WW2, local resident Sir Charles Kingsford-Smith, the evolution of Racecourse Road and many other fascinating evolutions.
The Ascot and Hamilton Heritage Trail is a 3.5-km walk, including 18 points of interest that help illustrate the development of both Ascot and Hamilton. The trail starts off just outside the Hamilton Hotel and ends at the entrance to the Eagle Farm Racecourse.
Visitors who want to learn more about the stories and events that shaped the history of the area can check out Brisbane City Council’s Gallivant Through Ascot and Hamilton Heritage Trail brochure. The document also includes more information on the location of public transport and access for people with limited mobility. Take note that some sections of the heritage trail are steep and may be difficult for some visitors to access.
Brief History of Ascot
The evolution of Ascot officially started after the establishment of the famous racecourse in 1865 by the Queensland Turf Club. The development made the area more attractive and further helped to define its distinctive character. The land was granted to the club by the Colonial Government in 1863. Subsequently, the first race meeting was held two years later.
The name ‘Ascot’ used to be a reference to the famous English racecourse. As more people visited the racecourse, Ascot became more closely associated with this part of Brisbane. The rail line was then extended from Eagle Junction to Racecourse Station in 1882 and the station later adopted the name Ascot in 1897.
Ascot and Hamilton Heritage Trail
The Hamilton Hotel
Hamilton Hotel, Hamilton, ca. 1929. (Photo credit: John Oxley Library, State Library of Queensland. Negative number: 1902)
Gustavus Hamilton established the hotel in 1865 and named it The Hamilton. The hotel then became a reference point in the district. Not long after, the area around the hotel adopted the name The Hamilton.
Eagle Farm Women’s Prison
At first, female convicts were held in the Female Factory, on the site which is now occupied by the General Post Office on Queen Street.
The factory was surrounded by high stone walls to limit fraternisation with men, but this proved to be ineffective. Authorities then decided to move the female convicts to Eagle Farm, away from the attention of male convicts as well as soldiers, who were forbidden from crossing Breakfast Creek.
The site of the Eagle Farm Women’s Prison was only accessible through the convict-hewn track which is now known as the Kingsford Smith Drive. The women’s prison may no longer be standing today, but it is an important archaeological site located about two kilometres away from Schneider Road.
Brett’s Wharf and the Apollo Barge Assembly Depot
Brett’s wharves at Hamilton taken about 1953. (Photo credit: John Oxley Library, State Library of Queensland. Negative number: 43721)
Did you know that Hamilton, Ascot, and Eagle Farm experienced some of the most intense war-time activity seen in Australia during World War II?
Following the Japanese attack on Pearl Harbour on 7 December 1941, US forces were redirected to Australia. Brett’s Wharf played an important role as the receiving dock for the US Air Force’s unassembled aircraft.
Substation No. 12
Built at a time when electric trams travelled to Hamilton, Substation No. 12 is one of only two substations built in Brisbane that combined the substation functions for both the electricity supply and the tramway system.
The Hamilton substation was the first of this type of installation to be built in Brisbane in 1947. Meanwhile, the other Substation No. 42 on Waterworks Road at Ashgrove, was built in 1948. Such a dual facility was an unusual but efficient use of a site, as it incorporated both types of substations within a single building.
By the 1960s, the Council viewed trams as an inefficient, expensive, and inflexible form of public transport. This lead to the decision to discontinue the service across Brisbane in 1969.
Kingsford Smith Drive
Sir Charles Kingsford-Smith.(Photo credit: John Oxley Library, State Library of Queensland. Negative number: 52185)
In 1953, this road was renamed Kingsford Smith Drive in honour of one of Australia’s most important aviators. Sir Charles Kingsford-Smith was born in a house near the corner of Riverview Terrace and Hamilton Road.
This structure was built in 1920 as the Hamilton Town Hall and Hamilton Town Council Chambers.Brisbane architect, MT Stanley designed the hall which became the venue for Council business community meetings and social occasions like dances.
After its use as a community hall ended, residents petitioned for it to become the site of a School of the Arts, a move that did quite succeed. Today, it is the site of a public library.
Tivoli Gardens Theatre
Opened in 1907, the Tivoli Gardens was a popular, open-air Vaudeville theatre in Brisbane and is famous for its Vaudevillian acts. Miss Bella Sutherland, a famous performer on the vaudevillian circuit both in Australia and internationally, established the theatre.
The 1,000-seat, canvas theatre served theatre enthusiasts for eight years. Times changed and with the advent of cinema, the Tivoli Gardens Theatre was converted for use for cinema screenings until it finally closed in 1921.
St Augustine’s Anglican Church
Photo credit: staugseq.com.au
The brick church was completed in 1920 as St Augustine’s Thank-offering and War Memorial Church.
Queensland artist, William Bustard designed the artistic church windows.He was popular for his work with stained glass. Examples of his works in Brisbane can be seen in St John’s Anglican Cathedral, St Stephen’s Catholic Cathedral, and Brisbane City Hall. The set of windows in St Augustine’s are considered to be the only remaining complete set of Bustard’s windows.
Racecourse Road
Racecourse Road was the direct path from the river to the racecourse.
In the late 1800s, only a few houses dotted between the river and the racecourse. These include residences to two sharebrokers, a cabinet maker, and two horse trainers.
In the early 20th Century, the Racecourse Road quickly evolved into a busy street, lined with more houses, shops, and businesses, with electric trams running back and forth.
Lynford is considered as one of the finest examples of Tudor Revival homes in Brisbane. The stately, heritage-listed residence on Windermere Road is made of brick, stonework, stucco, and timber with a distinctive gabled roofline.
It was designed and built in 1928 by notable architect E.P Trewern. It has been subsequently renovated by Brisbane-based architect Richard Groves to accommodate modern inclusions.
Windermere
Windermere house at Ascot, Queensland. (Photo credit: John Oxley Library, State Library of Queensland. Image number: 27279-0001-0001)
The grand residence was built around 1886 for a politician named J.G. Appel. Prominent architect, Richard Gailey designed the Windermere house.
Chateau Nous
Built in 1938, this exceptional example of Functionalist architecture is reminiscent of the glamorous 1930s Hollywood parties. The American-educated Douglas Roberts designed the house, whose simple, geometric style was a far cry from the traditional “timber and tin” residences in vogue at the time.
In what was considered “ultra-modern” at the time, the house had an all-electric kitchen, which was designed in a utilitarian, minimalist manner. Remarkably, it also had an electric dumb-waiter which enabled meals to be delivered to the breakfast room upstairs.
A sizeable air raid shelter was even built in the yard to protect the family from World War II bombing runs.
The original owners left Chateau Nou in the 1960s but it remains a private residence to this day.
Nyrambla
Nyrambla epitomises the development of Ascot in the late 1800s when grand residences were built on the apex of the suburb’s hills. The 2-storey residence was designed in 1885 by James Cowlishaw, an early Brisbane architect.
Owned by bank manager Henry P Abbott, Nyrambla was originally built on 15 acres of land before portions of it were divided off to make up surrounding streets, two of which have been named Henry and Abbott in commemoration. Today, Nyrambla is a private residence.
Tattersalls Lodge
Built in the 1890s, this house was used as accommodations for horse trainers and their families. Before the house was built, it was originally the site of the Tattersalls Stables, which was leased to trainers of prizewinning horses because of its close proximity to the Eagle Farm Racecourse.
At the turn of the 20th century, the house changed hands and became FitzGrafton Lodge, owned by James McGill a respected horse breeder and grazier, who bequeathed it to his son upon his death. McGill Avenue, a road adjacent to the racecourse, was named after this family.
Like Nyramble, Tattersalls Lodge is privately owned.
Hamilton Fire Station
Firefighters posing in their vehicle in front of Hamilton Fire Station. (Photo credit: John Oxley Library, State Library of Queensland. Image number: 97520)
Most of the housing stock in Brisbane in the late 19th Century consists of timber. As more houses emerged in the developing area, the locality needed a permanent fire station that services Ascot and Hamilton. The Hamilton Fire Station was then built in 1920.
Ascot Railway Station
Originally called Racecourse Station, the line from Eagle Junction to Ascot Station was opened in 1882. The extension of the line provided race-goers with an efficient way to get to and from the races as the trains exclusively run for race days.
Eagle Farm Racecourse
Avid race-goers, did you know that the first race meeting was held at the Brisbane Racecourse in 1865? The former Brisbane Racecourse is now popularly known as Eagle Farm Racecourse. Today, Eagle Farm Racecourse remains to be Brisbane’s premier racecourse.
Camp Ascot
Photo Credit: The Queenslander/Wikimedia Commons
As mentioned earlier, Ascot has been extremely active during World War II. In fact, Eagle Farm Racecourse became the first US camp established in Australia.
These historic sites and events have undeniably influenced the suburbs of Ascot and Hamilton. Looking for some things to do in Ascot or Hamilton? Why not go on a historic walk and check out the Ascot and Hamilton Heritage Trail.
