Bowen Street, Spring Hill.
Spring Hill Suburb Profile
Brisbane's oldest suburb and right next door to the CBD, Spring Hill continues to attract buyers with its unique appeal.
Location
Benefiting from the enormous interest in near and inner-city living, Spring Hill sits north of the CBD bounded by a railway line next to Gregory Terrace, Wickham Terrace, parts of Ann Street and St Pauls Terrace, and Warry and Kennigo Streets.
It is close enough to the city to share the same postcode – 4000. Being directly north of the CBD, Spring Hill is only minutes away from services and facilities, as well as the nightspots of Fortitude Valley.
Property
Spring Hill is continuing with the makeover that started more than 10 years ago. Land sizes are usually tiny, by Brisbane standards, but that doesn't seem to dent the popularity of this suburb.
Many older homes have been immaculately restored or new, architecturally designed homes have been built in their place. There are also residential apartment buildings, some offering short and long term furnished accommodation (a rarity in Brisbane).
The area attracts renters who want proximity to the city and this assures the area of continuing investment potential.
The suburb is particularly popular with Brisbane's professionals and attracts strong interest from those who want the benefits of near-city living. It is easy to walk into the city from Spring Hill.
Property Pricing
Currently Spring Hill is absorbing some of the negative market sentiment aroused by the global financial crisis which has seen rents and medians maintained at near identical levels to 12 months before. It is anticipated that the location of the suburb will ensure a swift return to growth both in terms of capital growth and rentals in the short to medium term.
Recreation
Spring Hill is blessed with the historic Spring Hill Baths plus the Centenary Aquatic Centre and gym. There are tennis courts and long bike trails, with the Victoria Park Golf Course very close.
Schools & hospitals
The suburb also has a number of private schools, including Brisbane Grammar School, Brisbane Girls Grammar School, St Joseph’s College and St James College. There’s even a public primary school, close to the heart of the city, Brisbane Central Primary.
You’ll also find two hospitals – St Andrew’s War Memorial, Brisbane Private Hospital.
