Spring Hill suburb profile
Spring Hill sits on the ridge just north of Brisbane's CBD and is one of the city's older inner suburbs. Its streets are leafy and often hilly, lined with a mix of timber Queenslanders, Victorian-era cottages and low and mid-rise apartment buildings, giving a blend of historic character and urban living. The suburb appeals to professionals and students who value close access to the city, frequent public transport and local services. Small parks and pocket gardens break up the residential streets, while cafés, boutique shops and medical and professional offices cluster along the main thoroughfares. Spring Hill offers a compact, walkable inner-city lifestyle with city views from many elevated streets.
Spring Hill property market performance
Current median dwelling price$1,188,750Past 3 months
Property growth+27.3%Past 12 months
Houses don't come up for sale often in Spring Hill, so there isn't enough recent data to publish a reliable median house price. House values rose sharply, up 26.3% over the last 12 months. Unit values also rose sharply, up 28.3% over the last 12 months to a median unit price of $797,500, and unit values grew more strongly than house values.
Over the last 3 months two houses and 28 units sold. Over the last 12 months houses sold in a median of 24 days and units in 15 days, so units sold more quickly than houses.
The rental market in Spring Hill had house rents averaging $820 a week, up a solid 9.3% over the last 12 months, while unit rents averaged $650 a week, up a modest 4.8%. House rents grew faster than unit rents.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | $798K |
Change in value Past 12 months | 26.3% | 28.3% |
Sold Past 3 months | 2 | 28 |
Median days on market Past 12 months | 24 | 15 |
Average rent Past 12 months | $820 | $650 |
Change in rent Past 12 months | 9.3% | 4.8% |
5 year median price trend for houses and units
Spring Hill demographics
A community of 6,593 people with a median age of 32, Spring Hill has a median total household income of $1,889 a week, roughly $98,228 a year.
Couple families without children are the largest family type, accounting for 59.6% of families, nearly three in five. Couple families with children make up 26.9% (about one in four), one-parent families are 10.3%, and other families 3.2%.
Homes in Spring Hill are predominantly rented: 69.3% of dwellings are rented, while owner-occupiers make up 30.7% overall, split between 12.7% owned outright and 18.0% owned with a mortgage.
Suburbs near Spring Hill
Some popular suburbs near Spring Hill include:
How does Spring Hill compare to nearby suburbs?
- Median unit prices: Spring Hill’s median unit price is 9.8% higher than Fortitude Valley’s.
- House price growth: Over the past 12 months, house prices in Spring Hill have grown 18.8% higher than in Petrie Terrace.
- Unit price growth: Over the past 12 months, unit prices in Spring Hill have grown 3.6% higher than in Fortitude Valley.
- Selling speed for houses: Properties in Spring Hill are selling 17.2% faster than in Fortitude Valley.
- Selling speed for units: Properties in Spring Hill are selling 6.3% faster than in Fortitude Valley.
- Investment considerations: In Spring Hill, the rental yield for house is 15.0% higher than the Brisbane average, while the rental yield for units is 0.9% lower.
- House price growth: Over the past 12 months, house prices in Spring Hill have grown 62.4% higher than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Spring Hill have grown 11.2% lower than the average rate of growth for units across Brisbane.

