Red Hill at a glance
6,603
People
$2,310,000
Median sale
$667/wk
Median rent
1.50%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
QLD › Red Hill › Wellington Rd
3
Bedrooms
4
Bathrooms
1
Car spaces
231 m²
Land
193 m²
Building
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Red Hill at a glance
6,603
People
$2,310,000
Median sale
$667/wk
Median rent
1.50%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $667/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Red Hill at a glance
6,603
People
$2,310,000
Median sale
$667/wk
Median rent
1.50%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Kim Olsen PropertyStanding out from the cookie-cutter crowd, this character-filled townhome offers a unique perspective in Brisbane's inner city. With warm timber tones, exposed brickwork and sweeping mountain views, this charming residence offers enviable appeal, perfect as a primary residence or investment property, lending itself to both the short and long-term rental markets.
Spanning four levels, the home comprises open plan living and meals spaces and features an original brick fireplace and views to Mount Coot-tha. The modern kitchen is bold and bright, adjoining a private courtyard and outdoor entertaining space. Accommodation includes three bedrooms, each with built-in storage and private ensuite bathrooms. The lower level offers a single garage and a versatile multipurpose room with separate access and a full bathroom - ideal for use as a home office or studio space.
Offering superb lifestyle convenience, this property is minutes from the cafés and restaurants of Given Terrace, Caxton Street and the Barracks precinct and is moments from Suncorp Stadium, Roma Street Parklands, QUT Kelvin Grove and the up-and-coming Olympic Stadium. For families, this property is within the catchment of Petrie Terrace State School and Kelvin Grove State College, while commuters are less than 3 kilometres from Brisbane CBD, with easy access to an extensive bus network.
Property highlights:
• Open plan living and meals spaces with adjoining balcony and sweeping views
• Statement kitchen with breakfast bar and stainless-steel appliances
• Three bedrooms with built-in robes, including two with private ensuites and a separate family bathroom
• Versatile multipurpose room and garage space with bathroom - ideal home office or studio
• Character features including sloped ceilings, exposed brickwork and original fireplace
• Split system air conditioning to living spaces and bedrooms
• Low-maintenance courtyard/outdoor entertaining space, with direct street access
• Secure accommodation for one vehicle, plus internal laundry
• Dual street access via Musgrave Road
• Complex of six with low body corporate fees
• Within walking distance of Given Terrace, Caxton Street and the Barracks
• Minutes from Suncorp Stadium, Roma Street Parklands and QUT Kelvin Grove
• Within the catchment of Petrie Terrace State School and Kelvin Grove State College
• Less than 3kms from Brisbane CBD with easy access to public transport services
Brisbane City Council Rates, 01/01/2026 - 31/03/2026: approx $465.05
Body Corporate Contributions, 01/04/2026 - 30/06/2026:
Administrative Fund: $750.34
Sinking Fund: $117.17
LESS discount is paid by the due date: - $173.50
TOTAL Body Corporate Contributions: $694.01 per quarter (approx.)
INSPECTIONS: We have multiple viewing times available this week. To book a time that suits you, please contact Chrissy Arkinstall on ph 0413 802 842.
Property is also known as 4/138 Musgrave Road, Red Hill, and 4/38 Wellington Road, Red Hill
Disclaimer: We have, in preparing this advertisement, used our best endeavours to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Chrissy Arkinstall, Ray White Kim Olsen Property — reproduced as published, not verified by Districts.