9C/119 Leichhardt Street, Spring Hill QLD 4000
9C/119 Leichhardt Street, Spring Hill QLD 4000
This is a top-floor, two-bedroom, one-bathroom apartment with one car space on a 67-square-metre lot in a 1965 building at 9C/119 Leichhardt Street, Spring Hill. Its elevated position on level nine provides city views and abundant natural light, a configuration that is uncommon for a building of this era in the suburb.
What is competitively strong is the combination of a rare top-floor elevation with direct city views, which sets this unit apart from typical Spring Hill stock. The north-facing orientation and large windows create a light-filled interior that is often sought after in older buildings. This property suits a buyer who values a low-maintenance, inner-city lifestyle with immediate walkability to transport, retail, and parklands. The modern kitchen and built-in wardrobes add practical appeal without requiring immediate work. The mix of short-term and long-term residents in the building suggests a stable but not static community, which can be attractive for both owner-occupiers and investors looking for consistent demand.
Factors that may materially affect value include the building’s age, which could mean future maintenance levies or the need for upgrades, though no specific issues are flagged. The current advertised rent of $650 per week is notably higher than the estimated yield, which might reflect a premium for the top-floor views but should be verified for sustainability. The absence of on-site amenities like a pool or gym is typical for the era and may limit appeal for some buyers, but it also keeps body corporate fees lower. The recent sale of a lower-floor unit in the same building at a significantly lower price suggests that floor level and view have a measurable impact on value here.
Detailed Independent Property Report prepared by PropCred Analyst team for 9C/119 Leichhardt Street, Spring Hill QLD 4000
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Spring Hill presents a compelling blend of historic character and modern convenience, attracting steady demand from investors and owner-occupiers alike, particularly for renovated period homes. The market exhibits divergent trends, with the unit segment demonstrating robust growth while house prices show more varied performance. Strong rental yields, especially for units, underpin investor interest, driven by the suburb’s strategic location and amenities. Future growth is anchored in this sustained rental demand and the appeal of its diverse housing stock, though market sensitivity and price variability present notable considerations.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
67m²
URL has been copied successfully!