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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.

HousesUnits
Median price
Past 3 months
$1.87MN/A
Change in value
Past 12 months
-2.9%10.3%
Sold
Past 3 months
203
Median days on market
Past 12 months
1711
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

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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.

Choose the right real estate agents in Red Hill

Currently, there are 55 real estate agents working in Red Hill—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 55 agents sold 30.0% of all properties in Red Hill over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Red Hill typically charge a commission of 2% to 3%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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