Red Hill suburb profile
Red Hill is an elevated, leafy inner-city suburb on a ridge overlooking Brisbane that combines a quiet residential feel with easy access to the city. Its streets feature classic timber Queenslanders and period cottages with verandahs, alongside renovated homes and low-rise apartments, so there is a mix of historic character and contemporary infill. The suburb attracts long-term locals, young professionals and families who appreciate the city views, nearby parks and a compact village centre of cafes and shops. Regular bus services and close connections to main roads make commuting straightforward while the suburb keeps a relaxed, neighbourhood atmosphere.
Red Hill property market performance
Current median dwelling price$1,365,250Past 3 months
Property growth+3.7%Past 12 months
Red Hill has relatively few unit sales, so there isn't enough recent data to publish a reliable median unit price. On the house side, the median house price is $1.87 million, down a moderate 2.9% over the last 12 months. Unit values rose sharply, up 10.3% over the last 12 months.
There were 20 houses and 3 units sold over the last 3 months. Houses sold in a median of 17 days over the last 12 months, while units sold in a median of 11 days; units sold more quickly than houses.
The rental market in Red Hill saw house rents average $850 a week over the last 12 months, up a solid 9.7%, while unit rents averaged $540 a week and edged down 1.8%. House rents grew more strongly than unit rents.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $1.87M | N/A |
Change in value Past 12 months | -2.9% | 10.3% |
Sold Past 3 months | 20 | 3 |
Median days on market Past 12 months | 17 | 11 |
Average rent Past 12 months | $850 | $540 |
Change in rent Past 12 months | 9.7% | -1.8% |
5 year median price trend for houses and units
Red Hill demographics
Red Hill is a community of 5,834 people with a median age of 33. The typical household has a weekly income of $2,367, which is roughly $123,000 a year.
The suburb is dominated by couple families: couple families with children make up 43.9% of families and couple families without children account for 42.0%, together forming just over eight in ten family households. One-parent families represent 10.6% and other families 3.5%.
Homes in Red Hill are slightly more likely to be owner-occupied than rented: owner-occupied dwellings total 53.2% (20.3% owned outright and 32.9% owned with a mortgage), while 46.8% of homes are rented.
Suburbs near Red Hill
Some popular suburbs near Red Hill include:
How does Red Hill compare to nearby suburbs?
- Median house prices: Red Hill’s median house price is 6.0% higher than Kelvin Grove’s.
- Median unit prices: Red Hill’s median unit price is 26.0% higher than Kelvin Grove’s.
- House price growth: Property prices in nearby Kelvin Grove have risen 18.3% more than in Red Hill over the past year.
- Unit price growth: Property prices in nearby Kelvin Grove have risen 12.5% more than in Red Hill over the past year.
- Selling speed for houses: Properties in Red Hill are selling 45.2% faster than in Paddington.
- Selling speed for units: Properties in Red Hill are selling 15.4% faster than in Kelvin Grove.
- Investment considerations: In Red Hill, the rental yield for house is 19.2% higher than the Brisbane average, while the rental yield for units is 17.7% lower.
- House price growth: Over the past 12 months, house prices in Red Hill have grown 43.2% higher than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Red Hill have grown 7.5% higher than the average rate of growth for units across Brisbane.

