Key market indicators and historical price trends for Red Hill
Annual Growth (Houses)
+17.9%
Annual Growth (Units)
+13.9%
Rental Yield (Houses)
3.2%
Rental Yield (Units)
5.0%
Avg. Days on Market
21
Vacancy Rate
0.8%
5-Year House Growth
+92%
5-Year Unit Growth
+82%
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 Red Hill
Red Hill is a quiet, leafy inner-north-west suburb perched on one of Brisbane's prominent ridgelines. The suburb offers spectacular city views and a mix of heritage cottages and modern infill development. Its proximity to Paddington, Kelvin Grove, and the CBD makes it popular with professionals seeking character homes without Paddington's premium prices.
Development Potential
Moderate. Some medium-density opportunity exists along main roads and in higher-density zones near the CBD fringe. Character residential areas are more restrictive. Large blocks with views attract boutique townhouse developers.
Key Zoning: Character Residential, Low-Medium Density, Medium Density Residential
Growth Drivers
City views commanding premium
Inner-city location with character
Spillover demand from Paddington
CBD walkability
Professional demographic demand
Thinking of Selling?
ACRES provides complimentary property assessments for Red Hill owners. Discover your property's true development site value.
Properties in Red Hill 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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39 property owners in Red Hill 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.