406/491 Wickham Terrace, Spring Hill QLD 4000

Spring Hill’s demand is anchored by its CBD fringe location, proximity to employment, health precincts, universities and lifestyle amenity, yet stock sits near historic lows so buyers compete for heritage homes and renovated units. Over the last six months house values have held around $1.5 million while modern units continue to edge up, reflecting the tight supply and the suburb’s high renter concentration; investors chase yield but face rate sensitivity and affordability headwinds. Risks include further tightening and the heavy renter/unit mix that can pressure cashflow, but renewed infrastructure and inner-city redevelopment keep growth prospects positive.