Key market indicators and historical price trends for Spring Hill
Annual Growth (Houses)
+13.0%
Annual Growth (Units)
+9.0%
Rental Yield (Houses)
2.7%
Rental Yield (Units)
4.3%
Avg. Days on Market
23
Vacancy Rate
0.8%
5-Year House Growth
+93%
5-Year Unit Growth
+82%
Market Demand
Very High
5-Year Median Price Trend
Houses
Units
Sources: CoreLogic, PropTrack, realestate.com.au. Prices reflect rolling 12-month median. Past performance is not indicative of future results.
About Spring Hill
Spring Hill is Brisbane's oldest residential suburb, sitting on the ridge directly north of the CBD. Its elevated position provides commanding city views, and the suburb blends heritage workers' cottages with modern apartment towers. Spring Hill's walkability to the CBD, hospitals, and transport makes it a favourite for professionals and downsizers.
Development Potential
High. Spring Hill's CBD-fringe location supports medium to high-density development along key corridors. Heritage overlays on some streets create a patchwork of development opportunity. Sites on Wickham Terrace, Gregory Terrace, and Boundary Street attract strong developer interest.
Key Zoning: High Density Residential, Medium Density Residential, Character Residential
Growth Drivers
CBD-fringe location commanding premium
Roma Street Priority Development Area
Hospital precinct employment
Heritage character amenity
Professional and downsizer demographic
Thinking of Selling?
ACRES provides complimentary property assessments for Spring Hill owners. Discover your property's true development site value.
Properties in Spring Hill with development potential are selling for 30–100% above standard residential value. Find out if yours qualifies — no cost, no obligation.
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51 property owners in Spring Hill requested assessments this month
Median price data sourced from realestate.com.au (April 2025 – March 2026). Figures are indicative and based on recorded sales. Consult a licensed valuer for property-specific advice.