508/448 Boundary Street, Spring Hill, QLD 4000 | Property Value & History | OnTheHouse
OFF MARKET

508/448 Boundary Street
Spring Hill QLD 4000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 99m2
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Property Details for 508/448 Boundary St, Spring Hill

508/448 Boundary St, Spring Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 99m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
Unit
Year Built
1999
Floor Size
71m2
Land Size
99m2
Local Government
Brisbane
Lot/Plan
508/SP135929

Last Listing description (November 2017)

**Please note access for open home is via Fortescue Street**
Gazing out to the North and right in the thick of the revitalised Boundary Street precinct, unit 508 is in a prime position to capitalise on a future growth area that is going ahead in leaps and bounds. And you can enjoy amazing views and an ultra-convenient location at a bargain basement price!
Looking for an investment property? We have that covered too! Unit 508 is currently rented to excellent tenants at $500p/w!! Run your numbers, this stacks up as an excellent investment opportunity!

Property Features:
- A large 71sqm floor plan with plenty of outdoor space
- Open plan lounge room and dining area that opens to the big balcony
- Master bedroom with two-way ensuite
- Beautiful timber flooring plus carpet in the bedrooms
- Second bedroom/study
- Single secure car space
- Air-conditioning in master bedroom
- Fresh paint, new flooring and new air-conditioning
Why Buy Unit 508?
The opportunity that this property offers to its new owners is it's real plus. Sit back and watch the money roll in with great tenants already secured. Want to move in? Well the lease is due for renewal in October, so we don't have to wait long there either! Whatever you decide to do, you can do it with the comfort of buying in a premium loation that will remain popular with buyers and tenants for many years to come.
The residence as it stands today is very easy to maintain, and is in great condition, you could move in and do nothing, however the real potential is in what you could do to the property to dramatically add value.

The Location:
Spring Hill's mixed-use lifestyle is for everyone. An entrepreneurial business population works alongside health and educational institutions to drive a diverse and innovative economy. People from all walks of life make the most of Spring Hill's outdoor lifestyle and cultural history. Visitors come to explore its rich building fabric and capture a view of its evolving story. Spring Hill is a place where everything is at your doorstep and the unexpected is every day.
Call Andrew on 0421 954 533 for further information or to arrange your inspection.

Property History for 508/448 Boundary St, Spring Hill, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$365,000
18 Aug 2017
Listed for Rent
$480/w
15 Feb 2016
  • 18 Aug 2017
    Sold for $365,000
  • 18 Jul 2017
    Listed for Sale Under Contract!
  • 26 Sep 2016
    Listed for Sale $405,000
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About Spring Hill 4000

The size of Spring Hill is approximately 1.3 square kilometres. There are 7 parks, covering nearly 19.6% of the total area. The population of Spring Hill in 2016 was 5974 people. By 2021 the population was 6593 showing a population growth of 10.4% in the area during that time. The predominant age group in Spring Hill is 20-29 years. Households in Spring Hill are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Spring Hill work in a professional occupation.In 2021, 30.00% of the homes in Spring Hill were owner-occupied compared with 29.90% in 2016.

Spring Hill has 5,430 properties. Over the last 5 years, Houses in Spring Hill have seen a 64.29% increase in median value, while Units have seen a 89.70% increase. As at 30 April 2026:

  • The median value for Houses in Spring Hill is $1,930,460 while the median value for Units is $748,898.
  • Houses have a median rent of $808 while Units have a median rent of $650.
There are currently 41 properties listed for sale, and 30 properties listed for rent in Spring hill on OnTheHouse. According to Cotality's data, 215 properties were sold in the past 12 months in Spring hill.

Suburb Insights for Spring Hill 4000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.