51 Musgrave Road, Red Hill, QLD 4059 | Property Value & History | OnTheHouse
 
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51 Musgrave Road
Red Hill QLD 4059

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 91m2
Land area: 415m2
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Last updated 26 Jan 2026
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Property Details for 51 Musgrave Rd, Red Hill

51 Musgrave Rd, Red Hill is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1920. The property has a land size of 415m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2014.

Building Type
House
Year Built
1920
Floor Size
91m2
Land Size
415m2
Local Government
Brisbane
Lot/Plan
1/RP10707

Last Listing description (May 2014)

Potential to Rezone or Renovate!
This is an outstanding opportunity to purchase 415m2 in a prime inner-city location offering close proximity to local shopping precincts, Kelvin Grove Urban Village, QUT, sought after Schools, transport, and only a short distance to the CBD.
This warm, appealing home is perfect for those who aren't afraid of a little hard work and ideally suited to those with an exceptional vision of the bigger picture on offer here! Currently used as an office, this property offers you the potential to transform into a stylish inner-city office (subject to council approval) or renovate to create an absolutely stand out residence with city views.

Adored period details feature throughout the home including VJ walls, high ceilings, and abundance of casement windows adding a delightful sense of charm and wooden floorboards hiding underneath the carpet.
The layout comprises of a large living area, a good size kitchen and dining area that overlooks the backyard. Three large bedrooms provide comfortable accommodation and all of the bedrooms share a central bathroom. Downstairs houses the laundry, a single car garage and currently offering multiple off street parking.
Bursting with character, this humble abode offers enviable scope to transform into something truly spectacular. A property offering this much potential will not last long - act fast to reap the benefits of this excellent location.
Additional feature/s - Close to Schools.

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Property History for 51 Musgrave Rd, Red Hill, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$670,000
15 Apr 2014
  • 15 Apr 2014
    Sold for $670,000
  • 25 Mar 2014
    Listed for Sale UNDER CONTRACT
  • 25 May 2011
    Sold for $490,000
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About Red Hill 4059

The size of Red Hill is approximately 140.9 square kilometres. It has 7 parks covering nearly 0.3% of 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 2,826 properties. Over the last 5 years, Houses in Red Hill have seen a 79.53% increase in median value, while Units have seen a 111.34% increase. As at 31 December 2025:

  • The median value for Houses in Red Hill is $1,743,661 while the median value for Units is $924,088.
  • Houses have a median rent of $750 while Units have a median rent of $588.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Red hill on OnTheHouse. According to Cotality's data, 109 properties were sold in the past 12 months in Red hill.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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