Depends on the position, conditions etc. not knowing where you are located, it would be difficult to say. The red cordylines are not so easy as the more common green ones.
I had one growing in a border that looked really bedraggled. I now have it under an enormous Acer, It survived for a couple of years, but since the winter of 2008 here, it dies off each winter and returns every spring. So there is no way Mine will ever gain height. It is in a very protected location and faces south. but at my altitude, I'm lucky it survives below ground.

there not renouned as a rule for growing peticulerly fast growers .