11/20 Terrace St, Spring Hill is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 86m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Situated on the second floor in a small complex of only 19 apartments is your perfect positioned Spring Hill investment opportunity. This north easterly facing one bedroom apartment boasts a functional kitchen that looks out over the open plan living space that flows out onto the wrap around balcony that has a lovely leafy outlook throughout the day and fabulous evening views at night whilst being elevated enough to catch the cooling breezes!
Some of the features include:
- Spacious master bedroom with built in robe and balcony access
* Please note: This property is currently tenanted so some imagery used wasn't taken recently.
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:
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