OA Logo Green
search icon

Get a property report and suburb profile for any property in Kelvin Grove

Join the 2.6 million Australians* who use our services every year.

Geo Page

Kelvin Grove suburb profile

Kelvin Grove is an inner-north Brisbane suburb centred on the QUT Kelvin Grove campus and the Kelvin Grove Urban Village, giving it a lively mix of student activity, creative industries and residential streets. Tree-lined avenues of timber Queenslanders and postwar cottages sit beside modern townhouses and apartment complexes clustered around the village's cafes, galleries and small shops. The suburb is known for its arts and learning vibe, local parks and community facilities, and practical connections to the city by frequent public transport and cycle routes. It attracts students, young professionals and families who value walkable amenities, green pockets and a distinctly urban neighbourhood feel.

Kelvin Grove property market performance

Current median dwelling price$1,328,000Past 3 months

Property growth+19.1%Past 12 months

The median house price is $1.76 million, up 15.3% over the last 12 months, a sharp rise. The median unit price is $892,500, up 22.8% over the last 12 months, a sharp rise; unit values rose more strongly than house values.

Over the last 3 months there were 10 house sales and 20 unit sales. Houses sold in a median of 17 days over the last 12 months and units in 13 days, so they sold in a similar time.

The rental market in Kelvin Grove recorded average house rents of $700 over the last 12 months, up a modest 4.0% over that period. Average unit rents were $650, up a solid 8.3%, so unit rents grew faster than house rents.

HousesUnits
Median price
Past 3 months
$1.76M$893K
Change in value
Past 12 months
15.3%22.8%
Sold
Past 3 months
1020
Median days on market
Past 12 months
1713
Average rent
Past 12 months
$700$650
Change in rent
Past 12 months
4.0%8.3%

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Kelvin Grove demographics

Kelvin Grove is home to 7,909 people, with a median age of 28 and a median household income of $1,670 a week, roughly $86,840 a year.

Among families, couple households are dominant: couple families without children are the largest group at 40.8%, while couple families with children make up 37.7%. One-parent families account for 17.2% and other families 4.3%, so together couple families represent 78.5% of all families.

Homes in Kelvin Grove are predominantly rented: about two in three dwellings (66.0%) are rented, while owner-occupiers make up the remaining 34.0% combined (13.1% owned outright and 20.9% owned with a mortgage).

Suburbs near Kelvin Grove

Some popular suburbs near Kelvin Grove include:

  • Red Hill: Hilly, established suburb with leafy streets and period homes.
  • Paddington: Character-filled suburb with terrace houses and tree-lined streets.
  • Petrie Terrace: Compact inner-city suburb with a lively urban character.
  • Newmarket: Leafy suburb with a mix of older homes and newer dwellings.
  • Spring Hill: Inner-city suburb on a ridge with leafy streets and city views.

How does Kelvin Grove compare to nearby suburbs?

  • Median house prices: Kelvin Grove’s median house price is 2.2% higher than Newmarket’s.
  • Median unit prices: Kelvin Grove’s median unit price is 5.0% higher than Newmarket’s.
  • House price growth: Over the past 12 months, house prices in Kelvin Grove have grown 18.3% higher than in Red Hill.
  • Unit price growth: Over the past 12 months, unit prices in Kelvin Grove have grown 12.5% higher than in Red Hill.
  • Selling speed for houses: Properties in Kelvin Grove are selling 45.2% faster than in Paddington.
  • Selling speed for units: Properties in Kelvin Grove are selling 7.1% faster than in Paddington.
  • Investment considerations: In Kelvin Grove, the rental yield for house is 1.8% lower than the Brisbane average, while the rental yield for units is 0.9% lower.
  • House price growth: Over the past 12 months, house prices in Kelvin Grove have grown 26.8% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Kelvin Grove have grown 2.3% lower than the average rate of growth for units across Brisbane.

Choose the right real estate agents in Kelvin Grove

Choosing the right real estate agent in Kelvin Grove can have a big impact on your sale. While there are 73 real estate agents working in the suburb, but just 5 of them were responsible for 32.3% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 3%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

Geo Page

Get a head start and compare top local agents in Kelvin Grove

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
Get a free property reporticon right chevron
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
Get a comparative estimateicon right chevron
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.
Understand your local marketicon right chevron