5/2 Springhill DriveSippy Downs QLD 4556
Property Details for 5/2 Springhill Dr, Sippy Downs
5/2 Springhill Dr, Sippy Downs is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2004. The property has a land size of 172m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Last Listing description (June 2019)
This little beauty awaits your inspection so don't delay. You will be hard placed to find a residence of this quality at this price. Located at Parklake Terraces in Sippy Downs, this 2 storey townhouse boast 3 good size bedrooms upstairs all with built Ins and ceiling fans. Large master bedroom with AC and ensuite.
The open plan living area downstairs includes AC in the lounge dining and a very functional kitchen opening out on to a rear courtyard. Owners have made some minor improvements to the property and there is nothing to spend. This little gem could be a first home for a shrewd purchaser or an investment property. Located close to Chancellor State School, Parklake Terraces is always in demand due its great location. With a bus stop 30 meters from your back door, shops, cafes, restaurants, doctors surgery, pharmacy, SC University all within walking distance and just a 15 min. drive to the surf beaches and hospital it's any wonder these townhouses are popular.
If you are an Investor looking to get into the investment property market and don't want a large mortgage then this would represent a great opportunity. There is a rental appraisal of $420pw and there are no vacancies in the complex. Body Corporate Levies are approx $3,800pa. Council Rates circa $2k pa. Parklake Terraces is a secured gated complex with a large lagoon swimming pool, onsite management and is pet friendly. Inspections are welcomed outside of the scheduled opens so call now for a private viewing, alternatively pop along to the next open viewing.
Property History for 5/2 Springhill Dr, Sippy Downs, QLD 4556
- 08 May 2019Sold for $376,000
- 29 Apr 2019Listed for Sale $380,000
- 06 Apr 2017Sold for $360,000
Recent sales nearby
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0About Sippy Downs 4556
The size of Sippy Downs is approximately 14.5 square kilometres. It has 20 parks covering nearly 57.6% of total area. The population of Sippy Downs in 2016 was 10298 people. By 2021 the population was 11544 showing a population growth of 12.1% in the area during that time. The predominant age group in Sippy Downs is 10-19 years. Households in Sippy Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sippy Downs work in a community and personal service occupation.In 2021, 51.60% of the homes in Sippy Downs were owner-occupied compared with 52.40% in 2016.
Sippy Downs has 4,893 properties. Over the last 5 years, Houses in Sippy Downs have seen a 82.84% increase in median value, while Units have seen a 122.42% increase. As at 30 November 2025:
- The median value for Houses in Sippy Downs is $1,034,240 while the median value for Units is $662,488.
- Houses have a median rent of $750 while Units have a median rent of $625.
Suburb Insights for Sippy Downs 4556
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