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 › Hipwood St
$1,475,000
Last sold
17 Feb 2025
2
Bedrooms
1
Bathrooms
2
Car spaces
239 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
$1,475,000
17 Feb 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
-26.2%
Median sale
Suburb $2,000,000
+0.67 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 PaddingtonAuction Location: Onsite
Discover the charm and convenience of this delightful two-bedroom cottage nestled in the heart of Spring Hill. Offering a perfect blend of character and modern comforts, this residence is ideal for those seeking a vibrant inner-city lifestyle. With an inviting facade and timeless appeal, this home boasts high ceilings, polished timber floors, and a contemporary kitchen equipped with stone benchtops, a gas cooktop, and a dishwasher. The open-plan living and dining area is complemented by reverse-cycle air conditioning, ensuring year-round comfort.
Step outside to a serene low-maintenance backyard, perfect for entertaining or unwinding after a busy day. The rear entertaining deck offers a stunning backdrop of city glimpses, while the beautifully landscaped garden requires minimal upkeep. Additional conveniences include an off-street parking space and a concealed laundry adding to the practicality of this charming home.
Perfectly positioned, this home provides easy access to some of Brisbane's most esteemed educational institutions, including Brisbane Grammar School, St Joseph's College Gregory Terrace, and IES College. You'll also find yourself just moments away from the historic Spring Hill Baths, Roma Street Parklands, Victoria Park, and an array of cafes and restaurants. Whether you prefer a morning coffee at a local spot or an evening stroll through lush green spaces, this location offers it all.
With its prime position, exceptional features, and undeniable charm, this character-filled residence presents a fantastic opportunity for homeowners and investors alike. Don't miss your chance to secure a piece of Spring Hill's heritage while enjoying all the modern conveniences of city living. Contact us today to arrange a viewing and experience this wonderful property firsthand.
- Spacious open-plan living and dining area featuring reverse cycle air-conditioning
- Modern kitchen with sleek stone benchtops, a dishwasher, and a gas cooktop
- Two well-appointed bedrooms, each with built-in wardrobes
- Elegant high ceilings and polished timber floors throughout
- Stylish central bathroom
- 1 Carport and room for 1 off street car park
- Expansive rear entertaining deck overlooking a low-maintenance garden
- Enjoy glimpses of the city skyline
- Unbeatable location just moments from public transport, shopping, dining, bars, parks, and top schools
- DA Approved plans for a 3 storey build - available upon request.
Don't miss out on the chance to live in or develop this property in one of Spring Hill's most coveted locations.
Auction on Saturday the 15th of February at 9:00am.
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.