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 › Boundary St
$2,250,000
Last sold
2 July 2025
3
Bedrooms
2
Bathrooms
9
Car spaces
397 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
$2,250,000
2 July 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
+12.5%
Median sale
Suburb $2,000,000
-0.20 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 PaddingtonNestled near the top of Boundary Street, this extraordinary 397sqm property offers the perfect blend of heritage charm and modern sophistication. Boasting dual residential and commercial zoning, it presents a rare opportunity for both homeowners and investors.
Located just 200m from Roma Street Parkland and the upcoming Victoria Park Olympic Stadium and National Aquatic Centre developments, and only 1km from City Hall, the address offers both convenience and an exciting future in one of Brisbane's most sought-after precincts.
The home's meticulous renovation was guided by a philosophy of restoration, stripping away unsympathetic modifications to reveal and enhance its original character. Heritage elements at the front transition seamlessly into a contemporary rear living area, delivering a harmonious blend of old and new. High-quality finishes, custom features and brass detailing ensure an exceptional level of craftsmanship throughout the home. With three bedrooms, two bathrooms and ample parking for up to nine vehicles, the property is as practical as it is beautiful.
Thoughtful design choices celebrate the original structure while incorporating premium modern touches. The living areas feature soaring 3.2m ceilings, featuring Australian-made Hoop Pine plywood, polished existing concrete floors and exposed steel beams, creating a stunning industrial-chic aesthetic.
The kitchen showcases striking black cabinetry, a solid butcher's block timber bench and custom raw brass tapware, all of which can be easily adapted for commercial use. Meanwhile, the bathrooms are elegantly finished with repointed original brickwork and real terrazzo tiles, ensuring durability without compromising style.
Beyond the home itself, the expansive rear land offers outstanding development potential. With approximately 200sqm of vacant space plus a side driveway, there is ample room to build up to three storeys for residential, multi-unit, or commercial purposes—without character overlay restrictions for new construction. The surrounding developments, including Arklab and a nearby three-storey townhouse, highlight the possibilities for maximising this prime site's value and capturing city and Victoria Park views.
A truly special offering, this locally heritage-listed property—named Holdgate's Cottage after master mariner Robert Holdgate—boasts a rich history dating back to the 1860s, with original porphyry rock walls still standing in the rear courtyard. Whether you are seeking a unique home, a flexible commercial space, or an outstanding investment with future development potential, this remarkable Spring Hill property is an opportunity not to be missed.
Key Features:
• 397sqm dual-zoned residential/commercial property
• Three spacious bedrooms and two bathrooms
• Parking for up to nine vehicles (six or seven at the rear, plus two on the driveway)
• High-spec finishes, including custom brass detailing and handcrafted raw brass tapware
• Original heritage features: repointed brickwork, arches and timber VJ ceilings
• Kitchen designed for adaptability, with removable island bench for commercial use
• Expansive 200sqm vacant land at the rear with three-storey development potential
• Prime location near Roma Street Parkland, Victoria Park, Olympic infrastructure and Brisbane CBD
This is an unmissable opportunity to secure a one-of-a-kind property in an unbeatable location. Contact us today to arrange an inspection and explore the possibilities for yourself.
Auction Saturday 3rd May at 10:15am On Site.
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.