Spring Hill at a glance
8,801
People
$2,000,000
Median sale
$717/wk
Median rent
1.86%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
QLD › Spring Hill › Water St
$1,580,000
Last sold
20 Jan 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
422 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,580,000
20 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in Spring Hill (last 5 years) with land size have a median of $6,887/m² of land (n=23). Districts calculation from recorded sales — not a valuation.
Spring Hill at a glance
8,801
People
$2,000,000
Median sale
$717/wk
Median rent
1.86%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Hill
-21.0%
Median sale
Suburb $2,000,000
+0.50 pp
Gross yield
Suburb 1.86%
Suburb median $2,000,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $717/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Spring Hill at a glance
8,801
People
$2,000,000
Median sale
$717/wk
Median rent
1.86%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SPACE Property PaddingtonDiscover the perfect blend of timeless charm and modern convenience with this captivating dual living cottage, ideally situated in the heart of Spring Hill. Featuring five spacious bedrooms and two well-appointed bathrooms, this property sits on a substantial 422sqm allotment, a true rarity in this sought-after suburb. With its versatile dual living layout, this home is ideally suited for families in need of extra space, investors looking for rental potential, or those seeking a property that offers flexibility for multi-generational living.
Upon entering, you're welcomed by a warm interior that harmoniously combines traditional charm with the character rich suburb. The five bedrooms are generously sized, each thoughtfully designed to maximize comfort and privacy, making it an ideal setup for growing families or multiple occupants. The dual-living design is set up to offer two separate, self-contained spaces within the property, making it possible for occupants to enjoy complete privacy while sharing the same address. This layout is a fantastic option for families with older children, those looking to accommodate extended family, or investors interested in maximizing rental returns through a dual-income setup.
For those with an eye toward future expansion, this property also comes with DA approved plans by the highly regarded OH Architecture, providing a unique opportunity to bring a contemporary vision to life. Whether you choose to maintain the existing charm of the cottage or take advantage of these architecturally designed, approved plans, the potential for this property is endless.
Beyond the home itself, the location is unbeatable. Positioned in vibrant Spring Hill, within walking distance to Brisbane's CBD and the Valley, placing work, entertainment, and dining just moments away. Renowned schools, picturesque parks, and popular cafes surround the property, adding convenience and appeal to daily life. The expansive allotment provides ample outdoor space for relaxation or future development, making it a fantastic option for those seeking both room to grow and a sound investment.
- Five spacious bedrooms with natural light and built in storage
- Large master room with charming bay window with double glazing, air-conditioning
- Dual living with separate self-contained living on each level
- Spacious central kitchen with natural light, dishwasher and ample storage
- Beautiful character ceiling features and timber floorboards throughout
- Leafy aspect overlooking Bedford Park, elevated rear yard space
- Approved DA plans by renowned OH Architecture to transform existing residence
To obtain further information or to arrange a private inspection, please contact Zac Tully on 0413 820 274 or Sam Mayes on 0402 094 553.
Disclaimer: This property is being sold by auction and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
Listing description written by Sam Mayes, SPACE Property Paddington — reproduced as published, not verified by Districts.