5/98 Musgrave Road, Red Hill, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

5/98 Musgrave Road
Red Hill QLD 4059

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 660m2
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Last updated 25 May 2026
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Property Details for 5/98 Musgrave Rd, Red Hill

5/98 Musgrave Rd, Red Hill is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 660m2 and floor size of 54m2.

Building Type
Unit
Floor Size
54m2
Land Size
660m2
Local Government
Brisbane

Last Listing description (January 2026)

This one bedroom (unfurnished) flat is located in a colonial character building. Close to the city and QUT with excellent public transport accessibility. Flats in this historical home are rarely available. Situated on a small access road off Musgrave Road, 2kms from the CBD.

There are floor to ceiling windows showing off the amazing city views.

Full interior paint and new carpets to be done before a tenant moves in.

*** Registering prior to the open home is required *** If no one is booked in, the agent will not attend.
Features include:

- Air-conditioning
- Full size electric oven with cooktop
- Lots of kitchen cupboard storage space and bench space
- Floor to ceiling windows showing off the sweeping city views
- Coin laundry on site
- Good sized bathroom with facilities to bring your own washing machine if you choose
- Public Transport at your front door
- Small quiet building of only 7 flats
- Avoid share housing and live independently

Don't miss out on this affordable option to avoid share housing, book in for the next available open home time.

Property History for 5/98 Musgrave Rd, Red Hill, QLD 4059

A timeline of how this property has performed in the market
Listed for Rent
$270/w
23 Jan 2020
  • 13 Jan 2026
    Listed for Rent $460 / week
  • 30 Aug 2024
    Listed for Rent $375 / week
  • 23 Dec 2019
    Listed for Rent $270 / week
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About Red Hill 4059

The size of Red Hill is approximately 140.9 square kilometres. There are 7 parks, covering nearly 0.3% of the total area. The population of Red Hill in 2016 was 5560 people. By 2021 the population was 5834 showing a population growth of 4.9% in the area during that time. The predominant age group in Red Hill is 20-29 years. Households in Red Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation.In 2021, 52.10% of the homes in Red Hill were owner-occupied compared with 50.50% in 2016.

Red Hill has 2,820 properties. Over the last 5 years, Houses in Red Hill have seen a 64.43% increase in median value, while Units have seen a 114.38% increase. As at 30 April 2026:

  • The median value for Houses in Red Hill is $1,900,390 while the median value for Units is $1,004,517.
  • Houses have a median rent of $800 while Units have a median rent of $530.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Red hill on OnTheHouse. According to Cotality's data, 105 properties were sold in the past 12 months in Red hill.

Suburb Insights for Red Hill 4059

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.