Suburb Profile
There are many great opportunities to purchase homes or investment properties in Kelvin Grove. As an experienced buyer’s agent in Kelvin Grove, Your Property Hound helps home buyers and investors identify suitable properties, assess value and complete detailed due diligence before purchasing. We’ve compiled the following Kelvin Grove suburb profile to assist with your property search. Best wishes with your Kelvin Grove property purchase!
Kelvin Grove is an inner-northern Brisbane suburb approximately 3.6km north-west of the CBD. It covers about 1.7 square kilometres and is primarily residential, with commercial activity along Kelvin Grove Road. The suburb combines traditional Queenslanders and post-war workers cottages with modern apartment development, particularly around Kelvin Grove Urban Village and the Queensland University of Technology campus.
Surrounding suburbs include Red Hill, Herston, Newmarket and Ashgrove.
Kelvin Grove had 7,909 residents in 2021, compared with 7,927 in 2016. Its demographic profile is notably young, with 31% of residents aged 20–29, almost double the Brisbane share of 16.2%. Childless couples are the largest household group at 40.7%, followed by couples with children at 37.7% and single-parent households at 17.1%.
Owner occupation is relatively low at 33.1%, reflecting the suburb’s substantial apartment and rental market. The population is also highly educated: 40.4% of residents with recorded qualifications hold a bachelor’s degree, and 20.4% hold postgraduate qualifications. Professionals are the largest occupational group at 36.5%.
Kelvin Grove Road offers local shops, services, and commercial activity, while Kelvin Grove Urban Village combines residential, educational, and commercial uses around the QUT campus. The Roundhouse Theatre on the QUT campus is home to La Boite Theatre Company, adding a distinctive cultural amenity to the suburb.
Kelvin Grove’s close proximity to the CBD and its position on Kelvin Grove Road provide convenient road and bus access to the city and surrounding inner suburbs. The suburb has no railway station, so bus services and road connections are particularly important. Buyers should consider traffic and noise impacts for properties close to Kelvin Grove Road and other busy routes.
The area is close to a number of great private and public schools including Kelvin Grove State College; Brisbane Boys and Girls Grammar Schools, and St Joseph’s College, Gregory Terrace. The Queensland University of Technology (QUT) also has a major campus in Kelvin Grove
Cotality records 12 parks covering approximately 7.5% of Kelvin Grove. The suburb also has access to the Enoggera Creek Bikeway, providing recreational walking and cycling connections through Brisbane’s inner north.
Kelvin Grove is also immediately adjacent to Victoria Park, one of Brisbane’s largest inner-city green spaces. Victoria Park is set to undergo significant redevelopment in preparation for the Brisbane 2032 Olympic and Paralympic Games, including new sporting and supporting infrastructure.
Queensland University of Technology’s Kelvin Grove campus is a major local institution and employment hub. Kelvin Grove State College, the Queensland Academy for Creative Industries and associated education, cultural and commercial facilities also contribute to local employment.
Kelvin Grove contains two quite different residential markets. Traditional houses and character homes can appeal to buyers seeking inner-city land and period housing, while the Urban Village and surrounding streets contain a much larger concentration of apartments. Quieter residential streets away from major traffic routes can command stronger owner-occupier appeal. Buyers considering apartments should compare building quality, body corporate costs, aspect, position within the complex and competing supply, while house buyers should investigate character or planning constraints and road noise where relevant.
Kelvin Grove has considerably more units than houses. Cotality records approximately 1,171 houses and 2,455 units, reflecting the substantial apartment development around the Urban Village and QUT precinct. Houses include traditional Queenslanders, workers cottages and later homes, while the attached market ranges from older-style units to modern apartment complexes. Average tenure is 13.9 years for houses and 9.8 years for units.
A buyer’s agent in Kelvin Grove can help buyers navigate the suburb’s unusually diverse housing stock. Your Property Hound assists with property search, appraisal, due diligence, and negotiation, including comparisons of character houses, established units, and newer apartment developments.
The median house price in Kelvin Grove is $1,673,130 (August 2026).
The median house price in Kelvin Grove would typically buy a three-bedroom, one-bathroom home. For example 20 Monro Street, Kelvin Grove, on 300m² sold for $1,771,000 in April 2026. View the 20 Monro Street sale
The median unit price in Kelvin Grove is $849,665 (August 2026).
This amount would typically buy a two-bedroom, two-bathroom unit. For example 31009/67 Blamey Street, Kelvin Grove, with one car space and 103m² sold for $900,000 in July 2026. View the 31009/67 Blamey Street sale
Cotality data shows the median house value reached $1,673,130 in August 2026, up 13.4% from $1,475,880 in August 2025. For longer-term context, the median house value was $816,942 in August 2017, although annual performance has varied, including periods of both growth and decline.
Units have also recorded strong recent growth. The median unit value reached $849,665 in August 2026, up 16.5% from $729,461 a year earlier. The median unit value was $396,573 in August 2017. Rolling 12-month sales volumes to June 2026 were 53 houses and 97 units, reinforcing the greater depth of the unit market.
Whether you are considering a character house or an apartment, an experienced Kelvin Grove buyers agent can help you compare value, location and property-specific risks. Your Property Hound provides independent buyer representation from the initial search through to due diligence, appraisal and negotiation.
Current indicators show very limited advertised stock across both property types. Stock on the market is approximately 0.31% for houses and 0.67% for units, while vacancy rates are also relatively low at 1.49% and 1.05%, respectively. This points to constrained availability for both buyers and tenants.
The rental profile differs markedly between the two segments. Gross rental yield is approximately 2.30% for houses and 4.35% for units, while renters account for 45% of houses and 77% of units. This high renter share is consistent with Kelvin Grove’s large apartment market and young population.
**Statistics are accurate for September 2026
Buying in Kelvin Grove requires careful comparison because houses and apartments can have very different value drivers. Location, traffic exposure, character housing considerations, building quality, body corporate costs and the strength of competing apartment supply can all influence a purchase. If you would like assistance from a buyer’s agent in Kelvin Grove, Your Property Hound can help you search, assess and negotiate with an evidence-based approach.
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