Key market indicators and historical price trends for Bowen Hills
Annual Growth (Houses)
+14.0%
Annual Growth (Units)
+10.0%
Rental Yield (Houses)
2.8%
Rental Yield (Units)
4.5%
Avg. Days on Market
22
Vacancy Rate
0.6%
5-Year House Growth
+93%
5-Year Unit Growth
+81%
Market Demand
Very High
5-Year Median Price Trend
Houses
Units
Sources: CoreLogic, PropTrack, realestate.com.au. Prices reflect rolling 12-month median. Past performance is not indicative of future results.
About Bowen Hills
Bowen Hills is one of Brisbane's fastest-transforming suburbs, transitioning from industrial uses to a high-density residential and commercial precinct. The Brisbane Showgrounds redevelopment, King Street precinct, and proximity to Fortitude Valley are driving an apartment boom. With its own train station and excellent motorway access, Bowen Hills offers inner-city convenience at prices below neighbouring Newstead and Teneriffe.
Development Potential
Very high. The Bowen Hills to Valley corridor is one of Brisbane's most active development zones. Large former industrial sites are being converted to residential towers. The Showgrounds masterplan and King Street precinct are catalysts for ongoing transformation.
Key Zoning: Centre Zone, Mixed Use, High Density Residential
Growth Drivers
Showgrounds masterplan transformation
Industrial to residential conversion wave
Price gap below Newstead/Teneriffe attracting buyers
Train station transit-oriented development
Inner-city employment accessibility
Thinking of Selling?
ACRES provides complimentary property assessments for Bowen Hills owners. Discover your property's true development site value.
Properties in Bowen Hills with development potential are selling for 30–100% above standard residential value. Find out if yours qualifies — no cost, no obligation.
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28 property owners in Bowen Hills requested assessments this month
Median price data sourced from realestate.com.au (April 2025 – March 2026). Figures are indicative and based on recorded sales. Consult a licensed valuer for property-specific advice.