Property market overview for this Queensland suburb.
This market is the suburb as the publisher names and groups it in its own release. The boundary is the publisher’s naming, not a boundary APRIQ drew and not an ABS or postal polygon.
Completions in the March quarter 2026 were equivalent to 81% of commencements, for Queensland. These figures compare pipeline flows and do not track individual approved dwellings through construction.
Achieved rents moved +4.6% over the year, against +7.4% for the middle suburb in Queensland.
These signals are shown separately so you can see what is driving the market. Explore them under Demand & supply below.
At $680 a week, Red Hill is higher than 61% of the 563 QLD suburbs we hold.
Rents there are up 4.6% over the past year, slower than Queensland as a whole (up 8.3%).
Based on 82 new leases. Enough to be meaningful, but a single unusual quarter will move it.
The most common new lease there was a three-bedroom house, at $850 a week across 22 of them.
In June quarter 2026, the median weekly rent rose 23.6% on the quarter before, from $550 to $680. Across the 11 quarterly changes held here, 1 was larger.
Six signals show how demand, supply and rents are moving. Open Data & method on any signal for the figures, rule and source behind it.
No population or migration evidence can be mapped to Red Hill. No measurement and no defensible mapping for a suburb. Broader evidence for Queensland is shown where it exists.
Not enough evidence
How fast the population is growing, against the national rate.
no population growth rate for this market
Not enough evidence
Which component moved the population most over the latest year the ABS splits it.
the ABS publishes no component split for this market
Not enough evidence
Whether dwelling approvals are running above or below the year before.
not enough approval history to compare two years
Moderate
How much housing is being finished, against how much is being started.
| Dwellings completed, Queensland | 8,035 | March quarter 2026 |
|---|---|---|
| Dwellings started, Queensland | 9,885 | March quarter 2026 |
| Completions as a share of commencements | 81% | March quarter 2026 |
Strong at or above 95% of commencements, weak below 80%, moderate in between — completions in the quarter compared with commencements in the same quarter, both stated beside this rule. These figures compare pipeline flows and do not track individual approved dwellings through construction.
Low
How fast achieved rents are rising, against the rest of the state.
| Rent change over a year, Red Hill | +4.6% | June quarter 2026 |
|---|---|---|
| Rent change over a year, the middle suburb in Queensland | +7.4% | June quarter 2026 |
High when rents rose at least one percentage point faster than the state, low when at least a point slower, moderate in between. Compared against the state rather than the nation because each bond authority defines its own series: changes compare, levels do not.
Not enough evidence
How much of this market's picture was measured at this market's own geography.
no demand evidence can be mapped to this market
A sale-price series APRIQ can publish is not currently available for this market. Current rent, demand and supply data remain available on this page.
Rising more slowly than the middle of Queensland
How rents here moved over a year, against the typical suburb in Queensland.
| Rent change over a year here | +4.6% | June quarter 2026 against a year earlier |
|---|---|---|
| The middle suburb in Queensland | +7.4% | June quarter 2026 against a year earlier |
| Difference | −2.8 percentage points | June quarter 2026 against a year earlier |
| Markets in the comparison | 563 | June quarter 2026 against a year earlier |
The difference between this market’s one-year rent change and the middle change across every suburb the same publisher reports, in percentage points: 3 or more above is well above, 1 above is above, within 1 either way is in line. Changes are compared within one state because each bond authority defines its own series — movement may be compared between them, the rent itself may not.
Quarterly achieved-rent history across the full published series for this market.
| Median weekly rent | $680 | publisher’s figure · June quarter 2026 |
|---|
Quarter-by-quarter rent history for the full published series.
| Quarter | Median weekly rent | Change on the quarter before |
|---|---|---|
| June quarter 2026 | $680 | Up 23.6% |
| March quarter 2026 | $550 | Down 20.3% |
| December quarter 2025 | $690 | Up 25.5% |
| September quarter 2025 | $550 | Down 15.4% |
| June quarter 2025 | $650 | Up 18.2% |
| March quarter 2025 | $550 | Down 14.1% |
| December quarter 2024 | $640 | Up 11.3% |
| September quarter 2024 | $575 | Down 5.7% |
| June quarter 2024 | $610 | Up 17.3% |
| March quarter 2024 | $520 | Down 7.1% |
| December quarter 2023 | $560 | Up 1.8% |
| September quarter 2023 | $550 | — |
There is no yield here because no current sale price exists to divide by — see Prices & Sales above for why.
Only New South Wales publishes rent quartiles, so the spread of rents within this market is not shown.
The suburbs immediately above and below Red Hill when ranked by the same figure for the same period — nearby in the state ranking, not necessarily nearby on a map.
| Suburb | Median rent | Rent change — 1 year |
|---|---|---|
| Mount Warren Park | $680 | Up 38.8% |
| Nikenbah | $680 | Down 6.2% |
| North Lakes | $680 | Up 4.6% |
| Red Hill | $680 | Up 4.6% |
| Runcorn | $680 | Up 7.1% |
| Scarborough | $680 | Up 9.7% |
| Sherwood | $680 | Up 6.3% |
Or put them in columns: Compare with similarly ranked markets.
Latest achieved rents by dwelling type and bedroom count. Blank cells indicate no published figure for that combination.
| Size | Houses | Units and flats |
|---|---|---|
| 1 bedroom | Not published | $43013 new leases |
| 2 bedrooms | Not published | $59520 new leases |
| 3 bedrooms | $85022 new leases | Not published |
Population data on suburb pages uses the ABS statistical area containing the suburb. The market card names that wider area; open Data & method for the geography and source.
Not enough evidence
How fast the population here is changing, against how fast Australia is changing.
No population estimate is published for this market at a geography the ABS uses.
The 2021 Census household tables carry no figures for this exact area, and no containing council page exists to borrow from — so there is nothing here rather than a number measured for somewhere else.
Dwelling approvals are published by council area, not by suburb, and an approval is counted for the boundary that granted it — so none are shown here rather than another area’s.
Not enough evidence
How many dwellings this market approved over twelve months for every thousand residents, against the national rate. Approvals are permission to build, not completed dwellings.
Dwelling approvals are published by council area, and this market is not one.
No APRIQ forward rent forecast is published for Red Hill yet. The forecasting model remains in historical backtesting.
The method’s public record so far, across every market at once and clearly a backtest, not a prediction: at 1 quarter ahead, 83.8% of 10,476 graded backtests landed inside their ranges, at a median width of ±7.9%.
See the full historical record on the forecast scorecard. Backtest results describe historical model performance, not a prediction for this market.
Check sample size, data period, geography, source and calculation rules for this market.
Moderate
How many observations sit behind the current figure on this page.
| New leases behind the current figure | 82 | June quarter 2026 |
|---|---|---|
| Quarters of history | 12 | to June quarter 2026 |
| How current | The latest quarter published anywhere | June quarter 2026 |
| Origin | As the publisher published it | June quarter 2026 |
| Knowability | Dated by the publisher’s own release timing | June quarter 2026 |
Strong needs 200 or more new leases behind the current figure; moderate needs 50. Fewer than that reads as thin: one unusual property can move the figure. A withheld count cannot earn better than thin, because a suppressed number is unknown rather than small. How current the figure is, is a separate fact stated as dates beside this reading, never folded into this word.
Which period the current rent figure describes, how it sits against the newest quarter published anywhere, and whose clock dated it — as dates, because a graded word would hide exactly the part worth checking.
| Describes | June quarter 2026 |
|---|---|
| Standing | This is the latest quarter published anywhere. |
| Dated by | Dated by the publisher’s own release timing. |
Market data sources are named beside the figures above. APRIQ keeps the publication period, source, licence and calculation method available for inspection. See full sources & methodology →
