Brisbane · 4059 · 3 km from Brisbane CBD

Kelvin Grove, QLD

population +10.0% (5y), 9.8%/yr capital growth.

NextSuburb scoreTier B
65Strong
Median house
$1.25M
5y growth
9.8%/yr
Gross yield
1.7%
Vacancy
1.3%
Stable entry pointHigh confidence
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

About Kelvin Grove

Located in the Brisbane LGA, Kelvin Grove sits roughly 2.7 km north-west of central Brisbane. Over the last five years house prices have compounded at 9.8%/yr; gross yield is currently ~1.7% and vacancy 1.3%. Five-year population growth of 10.0% and income growth of 20.0% feed the 65/100 NextSuburb score for 4059.

Eight-signal breakdown

Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.

  • Capital growth (5y)9.8%/yr
    98/100
  • Population growth+10.0% (5y)
    100/100
  • Supply tightening-6.0% YoY
    80/100
  • Rental yield1.7%
    33/100
  • Rental demand1.3% vacancy
    68/100
  • Income growth+20.0% (5y)
    80/100
  • Construction pipeline$0.9bn nearby
    18/100
  • Affordability17% under cap
    17/100

Why this score

Kelvin Grove scores 65/100 (Strong). The two strongest signals: 10.0% population growth over five years and 9.8%/yr capital growth over five years. The standout watch-out: gross yield of 1.7% leaves modest cashflow.

Drivers
  • Population growth+10.0% (5y)
  • Capital growth9.8%/yr
  • Income growth+20.0% (5y)
  • Supply tightening-6.0% YoY
Risks
  • Thin gross yield (1.7%)

Nearest infrastructure

Cross River Rail — Roma Street2.1 km away

Construction · $7.1bn · completion 2026

Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.

Comparable suburbs

Three QLD suburbs in the same budget band with the closest NextSuburb scores.

See the full QLD ranking

Also consider

Six other QLD suburbs worth a look — three neighbours by postcode, three matched on NextSuburb score.

60-month score history

Backfilled — live history begins May 2026
495969Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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