Suburb Profile
Greenslopes offers an appealing middle ground for buyers who want to stay close to central Brisbane without living on the CBD fringe. Its mix of character homes, post-war houses, townhouses and units sits alongside major employment, retail and transport corridors, while quieter, elevated streets can feel distinctly residential. For buyers, that variety is important: value can vary considerably with elevation, road exposure, renovation quality, land usability and proximity to the hospital or major roads. This Greenslopes suburb profile brings together current market data and practical local information to help buyers understand the area before purchasing.
Greenslopes is located 6km southeast of the Brisbane CBD and covers about 2.5 square kilometres. The suburb includes a mixture of established residential streets and busier corridors around Logan Road, Chatsworth Road, Old Cleveland Road and the Pacific Motorway.
Development accelerated in the late nineteenth and early twentieth centuries, with Logan Road providing an important transport route and the extension of the tramline from Stones Corner through Greenslopes in 1914 encouraging further residential growth. Greenslopes Private Hospital is another defining local landmark, having opened in 1942 as a major military hospital before later becoming a repatriation and private hospital.
Greenslopes is bordered by Coorparoo, Holland Park, Holland Park West, Tarragindi, Annerley and Stones Corner.
Cotality recorded a population of 7,941 in 2021, compared with 8,936 in 2016. The largest age groups are 20–29 years (22.4%) and 30–39 years (21.3%), indicating a relatively young adult population. Childless couples are the largest household group at 45.7%, followed by couples with children at 37.2%.
Owner-occupancy increased from 40.8% in 2016 to 45.9% in 2021. The suburb also has a strong professional workforce: professionals account for 36.9% of employment, while 39.5% of residents with a stated qualification hold a bachelor’s degree and 14.6% hold postgraduate qualifications.
Greenslopes residents have convenient access to everyday shopping and dining along Logan Road and in nearby Stones Corner, as well as at Greenslopes Mall on Logan Road. The suburb is also close to the larger retail and dining precincts of Coorparoo, Camp Hill and the inner south. This gives buyers a useful balance between local convenience and quick access to larger shopping centres and entertainment areas, without Greenslopes itself feeling dominated by a single commercial precinct.
Greenslopes is well connected by road and bus. Logan Road and Chatsworth Road provide important local connections, while the Pacific Motorway offers relatively direct access to the CBD and Brisbane’s southern suburbs. The South East Busway runs along the western edge of the area, with Greenslopes Busway Station providing frequent services to the city and southern Brisbane. The suburb has no railway station. Buyers should pay close attention to traffic and road noise where properties are near the motorway, Logan Road, Old Cleveland Road or other major routes.
Greenslopes State School is located on Logan Road and has served the local community since the late nineteenth century; surviving heritage-listed school buildings date from the early 1900s. School catchments can vary by address, particularly for secondary schooling, so buyers should confirm current Department of Education catchment mapping for an individual property. A range of private and Catholic schools is also available in surrounding suburbs including Coorparoo, Holland Park, Annerley and East Brisbane.
The suburb has a range of local parks and recreation spaces covering about 10.5% of Greenslopes.
Greenslopes Private Hospital is the suburb’s most prominent employer and a major health precinct in Brisbane’s inner south. The hospital opened in 1942 as the 112th Australian General Hospital during World War II. Greenslopes is also within easy commuting distance of the CBD, the Mater health precinct, Princess Alexandra Hospital and employment centres in Woolloongabba, South Brisbane and Coorparoo, supporting demand from health professionals and other inner-city workers.
Hilltop streets with city views (eg Henzell Terrace) command premium prices.
Traffic noise can be an issue for properties close to major thoroughfares including the Southeast Freeway, Logan, and Chatsworth roads. Buyers should check the Brisbane City Council Flood Maps, as some areas (especially close to Norman Creek) are susceptible to flooding.
37% of properties in Greenslopes are free-standing houses, including some stunning timber character homes.
Units are common in the area, with a mix of 2-3 storey brick walk-up complexes.
Average tenure is 12.2 years for houses and 11.1 years for units.
Properties in Greenslopes vary significantly in amenity and value. Elevation, traffic exposure, slope, renovation quality, land usability and proximity to major transport or hospital infrastructure all warrant property-specific assessment. A buyer’s agent familiar with Greenslopes can help compare recent sales and identify these differences before an offer is made.
The median house price in Greenslopes is $1,518,235 (August 2026).
For example, a three-bedroom, two-bathroom house at 40 Henzell Terrace sold for $1,485,000 on 13 July 2026. View the 40 Henzell Terrace sale
The median unit price in Greenslopes is $864,401 (August 2026).
For example, a two-bedroom, two-bathroom unit at 2/85-87 Victoria Terrace sold for $875,000 on 13 August 2026. View the 85-87 Victoria Terrace sale
Cotality recorded a median house value of $1,518,235 in August 2026, representing annual growth of 14.6%. Over the longer term, house values have risen 87% since August 2020 and 15% over the past two years. The median reached a recent high in July 2026 before easing by approximately 3% in August. Cotality recorded 78 house sales over the rolling 12 months to June 2026.
The unit market has also recorded strong growth. The August 2026 median unit value was $864,401, up 12.3% over the year. Unit values have increased by 121% since August 2020 and by 26% over the past two years. The median reached a recent high in June 2026 before easing by approximately 3% through to August. Cotality recorded 88 unit sales over the rolling 12 months to June 2026.
If you are considering buying in Greenslopes, Your Property Hound can assist with property search, appraisal, due diligence and negotiation. Our assessment considers comparable sales alongside property-specific factors such as traffic and noise, slope, land usability, flood or overland-flow considerations, planning constraints, renovation quality, and, for attached properties, body corporate and building matters.
Market indicators show very low advertised house stock (approximately 0.41%) and a vacancy rate of 1.09%. Gross rental yield is around 2.75%, while renters account for approximately 34% of houses. Data are insufficient to reliably report the house auction clearance rate, days on market, or vendor discount.
Units also show low advertised stock, at approximately 0.54%, with a vacancy rate of 0.78%. Gross rental yield is around 3.90%, and renters account for approximately 71% of units. Data are insufficient to reliably report the unit auction clearance rate, days on market, or vendor discount. The much higher renter proportion in the unit market is consistent with Greenslopes’ inner-city location and proximity to major employment and health precincts.
**Statistics are accurate for September 2026
Greenslopes offers inner-city accessibility, established residential streets, strong transport links and proximity to one of Brisbane’s major private hospitals. The suburb’s varied topography, housing stock and exposure to major roads mean careful property selection is essential. Your Property Hound can help assess comparable sales, investigate property and location risks, complete due diligence and negotiate the purchase on your behalf.
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