Suburb Profile4059

Red Hill

Brisbane City Council · 2.5km north-west of Brisbane CBD

Median House
$1,750,000
Median Unit
$900,000
Population
6,678
Avg Land Size
500m²
From CBD
2.5km north-west
Proprietary ACRES Data

Red Hill Development Intelligence

ACRES Developer Demand Score
0/ 100
Emerging
Development Sites
0
0 properties tracked
Active Enquiries
0
0 owners in network
Recorded Offers
0
Amalgamation Sites
0
Median Land Size
—
Market Momentum
Building

ACRES is expanding its development-site coverage across Red Hill and the surrounding precinct.

Property Market Insights

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
202120222023202420252026$0$0450K$1900K$1.4M$1.8M

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.

Free Assessment

Living in Red Hill

Infrastructure

  • Red Hill skate park and community facilities
  • Close to Kelvin Grove Urban Village
  • Musgrave Road retail
  • Near Roma Street Parklands
  • Victoria Park access

Transport

  • Bus routes on Musgrave Road
  • Walking distance to Roma Street station
  • Close to Inner Northern Busway
  • Cycling to CBD
  • Inner City Bypass nearby

Lifestyle

  • Elevated city view living
  • Heritage cottage streetscapes
  • Close to Paddington dining
  • Community-oriented atmosphere
  • Proximity to parks and green spaces

Red Hill Location

Red Hill, 4059 · Brisbane City Council

What's Nearby in Red Hill

Schools, parks, transport, shopping and education within Red Hill and surrounds

Schools

  • Petrie Terrace State School
  • Rainworth State School
  • Ithaca Creek State School

Parks & Recreation

  • Ithaca Creek Reserve
  • Whitmore Street Park
  • Enoggera Creek Bikeway

Shopping

  • Red Hill Shopping Precinct
  • Waterworks Road Cafes
  • Woolworths Red Hill

Transport

  • Milton Station
  • Normanby Station
  • Red Hill Bus Stop

Own Property in Red Hill?

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.

J
M
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39 property owners in Red Hill requested assessments this month

Request a Free Assessment

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.