** This property is currently under a conditional contract. If you would like to know if the contract does not proceed, please enquire with your full details**
This is a rare and highly prized development opportunity not to be missed. On offer is one of the largest residential corner lots with close proximity to the CBD, providing plenty of options to turn this blank canvas into your dream home. You could choose to build a stunning new residence or potentially subdivide and capitalize on this unbeatable location (STCA).
The next five years are packed with upcoming developments for the area, including the $3.6 billion Queens Wharf development, Victoria Park, the Brisbane Live entertainment centre (under application), Cross River Rail, the $2.1 billion transformation of the Eagle Street Pier, and the $1 billion Griffith University campus in Roma Street Parklands (currently under application).
- Prime vacant land ready for development
- Local developments include Queens Wharf, Eagle Street Pier, and Cross River Rail
- Close to the future 45ha Victoria Park connecting to Gregory Terrace
- Walking distance to Brisbane Grammar & St Joseph's Gregory Terrace
The size of Spring Hill is approximately 1.3 square kilometres. It has 7 parks covering nearly 19.6% of 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 5,428 properties. Over the last 5 years, Houses in Spring Hill have seen a 47.37% increase in median value, while Units have seen a 87.93% increase. As at 31 December 2025:
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