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4059 · QLD

Kelvin Grove

Data updated Q4 2025 · 234 bond lodgements/qtr

HouseUnit
Median rent$720/wk$470/wk
1yr change 11.1%(was $648/wk) 11.1%(was $423/wk)
3yr change 38.7%(was $519/wk) 42.9%(was $329/wk)
Vacancy rate1.4%low availability
Bond lodgements234 per quarter

Vacancy rate context

A healthy rental market sits around 3% vacancy. At 1.4%, availability in Kelvin Grove is low. Competition for rentals remains high, giving landlords above-average leverage.

Other suburbs in QLD

New Farm$900/wk 11.1%
West End$820/wk 11.1%
Fortitude Valley$780/wk 11.1%
Paddington$870/wk 11.1%
Woolloongabba$750/wk 11.1%
Ascot$1100/wk 11.1%

Median rents are calculated from rental bond lodgements submitted to state government authorities (NSW Fair Trading, RTBA VIC, RTA QLD, CBS SA, DMIRS WA). Data is updated quarterly and represents the median weekly rent for new tenancies.

$/wk
Median rent in Kelvin Grove (2-bed unit): $400/wkQ4 2025 · 234 bonds