Our patch / Alexandra Hills 4161
Alexandra Hills is a family suburb that has run hard: house values are up around eighteen per cent in a year and a house still sells in a median eleven days. Seventy-six per cent of dwellings are owner occupied, which is high, and it shows in how rarely anything good comes up.
The numbers
Every figure on this page is Cotality's, for the twelve months to June 2026, and we have left it as published rather than rounding it into a nicer shape. The median is the middle sale price, not an average, and not a valuation.
Kaló haus found here
2
Median house price
$1,065,000
Houses sold, 12 months
n/a
Days on market
11
Median unit price
$720,000
Cotality, data to June 2026. Brisbane is the whole council area.
Cotality, data to June 2026. Brisbane is the whole council area.
Median house, a year earlier
$902,000 in the twelve months to June 2025
Change in median value
+18.0% over twelve months. This is Cotality's valuation series, which runs on a different base from the median sale price above, so the two will not agree and are not meant to.
Vendor discount
Not published for this suburb
Units
$720,000 median, None sales
In context
Cotality, data to June or July 2026 depending on the suburb. The periods are not identical, so read this as the order rather than the gap.
The rest of the patch
We have bought right across Brisbane, 306 kaló haus in 108 suburbs, and we will happily work anywhere in the city. This patch is simply where we have done it most often, and the whole of it is on Our patch.
Who lives here
76%
Owner occupied
24%
Rented
$700
Median weekly rent, house
$575
Median weekly rent, unit
3.4%
Gross yield, house
4.2%
Gross yield, unit
16,574
Population
38
Median age
$96K
Median household income
Tenure, population, age and household income are ABS Census 2021. Rents are the Cotality median weekly asking rent, read November 2026, with periods running from June to October 2026 depending on the suburb. Gross yield is the annualised rent against the median sale price on this page, before costs, so it is a comparison between suburbs rather than a forecast of your return. A thin rental market moves these figures around, and where a suburb has too few sales to mean anything the line is left out rather than filled in.
Before you buy here
Capalaba and the suburbs around it sit on the Tingalpa and Coolnwynpin Creek catchments, so the question here is creek flooding and overland flow rather than the Brisbane River. Overland flow does not follow the creek line and catches people out for exactly that reason, because elevation on its own is no protection. This is Redland City, so the mapping is Redland's rather than Brisbane's, and we read the report for the address rather than assuming the high side of the street is fine.
This suburb is in Redland City, not Brisbane City, so the Brisbane FloodWise report does not cover it. Redland City Council publishes its own creek flood mapping, modelled on a one per cent annual chance event. There is no suburb level answer, and anyone who gives you one is guessing. Council itself recommends a Registered Professional Engineer of Queensland for site specific advice, and on a flat creek block that is money well spent.
Roads, rail and river
Bus
routes through to Capalaba interchange and Cleveland, with express services to the city
Train
Birkdale station 3.4km and Thorneside 4.1km, on the Cleveland line
Road
21.3km to the CBD, with Finucane Road the main way out
State school catchments
Primary
Alexandra Hills State School, Vienna Woods State School and Hilliard State School
Secondary
Alexandra Hills State High School
Catchments follow streets, not suburb boundaries, and Alexandra Hills falls across more than one. Confirm your exact zone by street address on EdMap before you let a catchment decide anything. We do this on every property.
The typical house here is three bedrooms on a decent block, which is the part of the market that has moved most in the Redlands. Like Capalaba this is Redland City rather than Brisbane City, so the planning scheme and the flood mapping are different, and the Cleveland line is close without the suburb actually being on it.
The market now
The medians above cover the twelve months to June 2026, and Brisbane has turned since. Cotality has the city down 1.5 per cent in September 2026 and 4.7 per cent across the quarter, a sixth consecutive monthly fall, leaving values close to 6 per cent below the peak they reached in May. Annual growth was revised down from 10.8 per cent to 5.9 per cent in a single release.
Here is the clearest measure of how far it has turned. A year ago a house in Brisbane sold in a median 17 days. It now takes 38. The figure for Alexandra Hills above is a median across the twelve months to June 2026, not today, which is exactly why a twelve month median is the wrong thing to buy off on its own. Total listings are up more than 60 per cent while new listings have fallen, sales are down about 27 per cent on the same quarter last year, and in the week to 24 October only 21 per cent of Brisbane auctions sold under the hammer. A hundred and seventeen passed in. Every one of those is a conversation rather than a contest.
Two other things are shaping who you are bidding against. The cash rate has been at 4.6 per cent since the end of September, and from July 2027 negative gearing on residential property is limited to new builds while the fifty per cent capital gains discount is replaced by indexation plus a minimum tax. Both are law, neither touches the main residence exemption, and your accountant is the right person to advise you on your own position. The effect we see at inspections is fewer investors in the room.
What all of that means for a buyer here: a twelve month median is a rear view mirror, and right now it is flattering. There is more stock, more time, and more room to negotiate than there has been in four years.
Cotality Monthly Housing Chart Pack, October 2026; Domain auction results, week to 24 October 2026, preliminary; Reserve Bank of Australia; Australian Taxation Office. Read on 27 October 2026 and superseded by the November release.
An hour, no charge, and no commitment at the end of it. If we cannot add value to your search in Alexandra Hills, we will say so on the call.