FOR SALE
Offers Over $350,000

406/391 Wickham Terrace
Spring Hill QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 62m2
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Great Location on City Fringe and Parkland

• Offering two 1 bed, 1 bath self-contained apartments
• Both apartments are on one title, 62m2 in total with a shared laundry upon entry.
• Apartment 406 is a one bedroom, one bathroom studio apartment with a north-facing corner position and lots of natural light. It is currently rented for $360 per week until 15th July 2025.
• Apartment 406a is a one bedroom, one bathroom studio apartment and the smaller of the two apartments on offer. It is currently rented for $300 per week and 60 days notice can be provided to the tenant once the property goes unconditional.
• Body Corp Fees approx: $2,132.10 per quarter
• BCC Rates approx: $506.70 per quarter
• 48 apartments in the building
• There is no car-parking for this apartment
• Free Spring Hill Loop bus service (route 30) at the front of the building
• Located at the rear of the building, away from any road noise

Property Details for 406/391 Wickham Tce, Spring Hill

406/391 Wickham Tce, Spring Hill is a 2 bedroom, 2 bathroom Apartment. The property has a land size of 62m2. The place is currently for sale with Ray White Paddington (Qld).

Building Type
Apartment
Land Size
62m2

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About Spring Hill 4000

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 2011 was 5,258 people. By 2016 the population was 5,958 showing a population growth of 13.3% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Spring Hill work in a professional occupation. In 2011, 29.6% of the homes in Spring Hill were owner-occupied compared with 29.9% in 2016.

Spring Hill has 5,375 properties. Over the last 5 years, Houses in Spring Hill have seen a 53.65% increase in median value, while Units have seen a 57.93% increase. As at 31 October 2024:

  • The median value for Houses in Spring Hill is $1,519,596 while the median value for Units is $548,053.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 40 properties listed for sale, and 46 properties listed for rent in Spring hill on OnTheHouse. According to CoreLogic's data, 349 properties were sold in the past 12 months in Spring hill.

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Michael Kleimeyer
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Ray White Paddington (Qld)
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