Spring Hill is on the move!
What a difference a year makes! Spring Hill and surrounding inner-northern suburbs are about to see an explosion of growth due to approval of numerous new apartment developments, as part of Brisbane City Council’s ongoing urban renewal process.
Known as the graceful elder of inner city suburbs, Spring Hill is being transformed into a community hub of activity, rather than the thoroughfare that it has been. As a local real estate agent, watching the suburb flourish with a range of new developments of high rise apartments, including The Johnson on Boundary Street and Pure on Dickson Street, is exciting to see, providing Spring Hill with a workable mix of original gracious heritage architecture and modern pizazz apartment living.
The pocket between the CBD and the northern suburbs of Brisbane, Spring Hill is undergoing an exciting transformation as new developments, including new watering holes and restaurants, are given the green light to commence construction. The Spring Hill location offers a choice of stunning city views to the south or expansive north facing vistas out across leafy Herston and Windsor.
Let’s take a look at what the future holds for apartment living in Spring Hill:
The Johnson on Boundary Street, Spring Hill – 180 Apartments of 1 and 2 bedrooms, by Art Series Hotel Group, due for completion in the third quarter of 2016
Richmont Hotel in Kennigo Street, Spring Hill – 110 room hotel by Mantra with restaurant and bar
Wharf Street – 141 apartment development
Pure Apartments – Dickens Street – 97 apartments, due for completion in late 2016
Making the most of its close proximity to the City, eclectic variety of cafes and restaurants, as well as retaining the feel of heritage suburbia, it’s not surprising Spring Hill is receiving the hype as the upcoming place to reside. A suburb that is already exceptionally well serviced by bus and rail networks, not forgetting foot and peddle power given it’s on the fringes of the CBD, Spring Hill is only minutes to tunnel access to the airport and major motorways.
Retention of the older homes in the area is all part of the renewal process, thereby bringing character and charm together with the glitz and glam of inner-city living. And those fortunate enough to be sitting on a block (even as small as 300m2) of Spring Hill turf, can sit back and watch their property forge ahead in value, with the current median house price rising from around $770,000 in 2013 to $907,000 in the back end of 2014.
Where Spring Hill is concerned, it really is a case of “Watch This Space”!