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 › Sedgebrook St
$1,413,500
Last sold
15 May 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
430 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
$1,413,500
15 May 2023 · 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
-29.3%
Median sale
Suburb $2,000,000
+0.78 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
UnknownArea
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 Penrose Real EstateIf you know Brisbane, then you'll also know this is one of those once in a lifetime, rare as hen's teeth opportunities to live in a gracious century-old home in the heart of Spring Hill with all the ornamental period features of: floorboards, high ceilings, VJ walls, fretwork panels, stained glass, pressed metal ceilings, and a beautiful fire place - while still being literally a short stroll to the infinite opportunities offered by the CBD!
Situated on a low-maintenance 430 sqm block, your four bedroom, two bathroom home, with generous living rooms and an elevated front verandah, was built in 1920 and is ready for your own personal touch. Your home is a ripe for renovation and sings: potential potential potential (alongside an absolutely sensational: location location location) and has been lifted onto steel stumps creating room to additionally build in underneath or to use for plenty of car accommodation and storage.
You'll definitely want to use more than a coat of paint, with previous carpet stripped back to reveal wide floorboards begging to be polished, and an opportunity to add a contemporary kitchen and bathroom suited exactly for your family's needs and tastes.
Speaking of family... if you've got kids you'll be automatically in the catchment for the desirable Brisbane Central State School, Kelvin Grove State College, and Fortitude Secondary College - along with being walking distance to three of Brisbane's most prestigious private schools: Brisbane Boys Grammar and Brisbane Girls Grammar, plus St Joseph's. Walk to hospitals, bus stops, cafes, restaurants, and QUT Gardens Point Campus, plus enjoy the beautiful Roma Street Parklands, only moments from your doorstep.
Book your inspection now to secure a home that offers you the best of both worlds - beautiful living with the city at your doorstep!
Why This is the One!
• 4 bedroom 2 bathroom century-old home with ornamental features on low-maintenance 430sqm
• Original features: VJs, high ceilings wide timber floorboards, fretwork panels, stained glass, pressed metal ceilings, ornamental fire place
• Generous living areas, elevated front verandah, raised on metal stumps with room to build beneath or for car accommodation and storage
• Potential for renovation to wow factor, reflecting your own tastes and style
• Close to absolutely everything - walk into CBD, enjoy Roma Parklands, cafes, restaurants, shops, entertainment, shops etc.
• In catchment for Brisbane Central State School, Kelvin Grove State College and Fortitude Valley State Secondary College, along within walking distance to the prestigious private schools: Brisbane Boys
Grammar, Brisbane Girls Grammar Schools and St Joseph's College
• Walk to work, hospitals, Garden Point Campus, city centre etc.
• Building and pest inspections available
* Email agent to be kept up to date with inspection changes and for a copy of the property fact sheet
This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Please note any boundaries shown on the images are indicative only and are not to be relied upon.
Penrose Real Estate has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Grant Penrose, Penrose Real Estate — reproduced as published, not verified by Districts.
Nearby 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.