Suburb Overview
Spring Hill is an inner-city suburb of Brisbane, Australia, with a population of approximately 6,593, making it a smaller community. Located 1 km from the Brisbane CBD, Spring Hill is a inner city area in Queensland. The median household income is $98,228 per year.
Location
Key Indicators
Postcode
4000
Postcode for Spring Hill, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →
Population
6,593
Usual resident population at the most recent census.
Median weekly rent
$570/wk
Median weekly rent — as at Mar 2026, Residential Tenancies Authority (Qld) (CC BY 4.0).
Median household income
$98,228
Annual median household income (before tax) across all households.
Distance to CBD
1 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Housing
Median monthly mortgage
$1,700/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
13% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Why People Like Living in Spring Hill
- Close to Brisbane — roughly 1 km from the CBD, ideal for city workers.
- Several schools in the area (around 2), attractive for families.
- Local parks and reserves (around 3) within easy reach.
- Strong transport links into the city and nearby employment hubs.
- High-density unit mix (87% non-house dwellings) — urban, low-maintenance living.
Who Spring Hill Suits
Pros and Cons
Pros
- Rent sits within an affordable share of local incomes, supporting tenant demand.
- Mortgage costs are lower than the Queensland median, improving cash-flow margins.
- Local parks and reserves (around 3) add to liveability.
- Solid transport links into employment hubs.
- Short distance to the CBD makes commuting straightforward.
Cons
- Traffic can build during peak hours, especially on arterial roads.
- Prices may rise further as demand continues.
Investment Insight
Spring Hill's population of 6,593 sits 20% above the Queensland suburb median of 5,474, giving it a wider tenant and buyer catchment than the average QLD locality. Households here earn $98,228/year on average — 9% above the QLD suburb median of $90,298 — a modest premium that supports resilient owner-occupier demand. Median rent of $570/week (as at Mar 2026, Residential Tenancies Authority (Qld)) equates to roughly $2,470/month — about 145% of the $1,700/month median mortgage repayment recorded at the 2021 Census. On those figures rental income covers most or all of the recorded repayment, but repayments on new loans have risen with interest rates since 2021, so re-run the coverage at today's rates before treating this as a cash-flow suburb. At 1 km from the Brisbane CBD, Spring Hill sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 13% of dwellings are separate houses (vs 77% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.
Investment Tip
This suburb suits investors prioritising tenant demand over capital-cost efficiency. Rents are supported by proximity to amenities, but strata fees and entry prices can eat into yield. At the 2021 Census, local rents consumed roughly 22% of household income — a dated but useful sanity check on tenant affordability.
Spring Hill vs Queensland Median
How Spring Hill stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Spring Hill sits above the state median; negative means below.
| Metric | Spring Hill | QLD median | Δ vs state |
|---|---|---|---|
| Population | 6,593 | 5,474 | +20% |
| Median household income | $98,228/yr | $90,298/yr | +9% |
| Median rent (weekly, 2021 Census) | $410 | $385 | +6% |
| Median mortgage (monthly, 2021 Census) | $1,700 | $1,733 | -2% |
| Distance to CBD | 1 km | 62 km | -98% |
| Separate houses | 13% | 77% | -64pp |
Investor Checklist
Pre-inspection briefing for Spring Hill — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 6,593 residents — 120% of the QLD suburb median (5,474).
- Purchasing power: median household income $98,228/year (+9% vs Queensland suburb median of $90,298).
- Cash-flow coverage (2021 Census): $410/week rent (≈ $1,777/month) covered ~105% of the $1,700/month median mortgage at the 2021 Census — verify against current rents and rates.
- CBD access: 1 km straight-line from Brisbane (state suburb median 62 km).
- Dwelling mix: 13% separate houses — unit-heavy market (vs 77% state median).
- Rate stress-test: budget ~$170/month extra for a 1-percentage-point RBA rate rise on top of the $1,700/month median repayment.
- Tenant rent burden: 22% of the median household income is spent on rent — comfortably affordable.
Investment Strategy
Solid buy-and-hold profile: a population of 6,593 and household income close to the QLD median ($98,228 vs $90,298) give the market enough depth for patient capital growth without the premium entry price of inner suburbs.
Strong rental coverage at the 2021 Census: $410/week (~$1,777/month) covered 105% of the $1,700/month median mortgage, a shortfall of just $0/month. Both rents and repayments have moved since 2021 — verify current figures, though this suburb has historically leaned cash-flow-friendly.
Only 13% of dwellings are separate houses (vs 77% QLD median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.
Risk Factors
- Interest-rate sensitivity: the $1,700/month median mortgage in Spring Hill means a 1-percentage-point RBA rate rise could add roughly $170/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Strata exposure: only 13% of dwellings in Spring Hill are separate houses, so most investment stock is apartments or townhouses subject to body-corporate fees, sinking-fund levies and competing supply from new developments.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Spring Hill regardless of local market conditions.
- Market cycle risk: property markets are cyclical, so stress-test your projections in Spring Hill with a 10–15% price pullback scenario before committing capital — returns to date are not a guarantee of future performance.
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Start your first-home journey →2026 Outlook
Property values in Spring Hill should track the wider Queensland market through 2026, with the $98,228/year median household income (9% above the $90,298 state median) keeping the suburb firmly mid-pack. At the 2021 Census, rental coverage ran at ~105% of the typical mortgage ($1,777/month rent vs $1,700/month repayment), keeping cash flow in positive or near-neutral territory. Verify against current rents and rates. Overall investor sentiment for Spring Hill is constructive heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Queensland median.
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Frequently Asked Questions
Is Spring Hill a good suburb for investment?
Whether Spring Hill suits you depends on your strategy, but the fundamentals are concrete: a population of 6,593, a median household income of $98,228/year and median weekly rent of $410. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Spring Hill?
The main demand drivers in Spring Hill are proximity to Brisbane (1 km), an above-state-median household income of $98,228/year, a dwelling mix that is 13% separate houses. Together these shape both owner-occupier and tenant demand.
What is the population of Spring Hill?
Spring Hill has a usual resident population of approximately 6,593, compared with a Queensland suburb median of 5,474 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
How far is Spring Hill from the Brisbane CBD?
Spring Hill sits 1 km straight-line from the Brisbane CBD. This is inner-ring territory — pricing competes directly with established Brisbane employment nodes.
What is the median rent in Spring Hill?
The most recent census recorded a median weekly rent of $410 in Spring Hill, equating to approximately $21,320/year in gross rental income (state median $385/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
What is the typical mortgage repayment in Spring Hill?
The median monthly mortgage repayment in Spring Hill is $1,700, or approximately $20,400/year (vs $1,733/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
Is Spring Hill cash-flow positive for investors?
A median weekly rent of $410 works out to $1,777/month, covering 105% of the median mortgage repayment of $1,700/month. That means rent exceeds the median repayment by roughly $77/month, so on these numbers Spring Hill leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
What are the main risks of investing in Spring Hill?
The main risks are interest-rate sensitivity on the $1,700 median mortgage, a unit-heavy dwelling mix (13% houses) where body-corporate costs and apartment supply affect resale, the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
How we built this Spring Hill profile
The population, postcode, median household income, and dwelling mix on this page are real figures from the ABS 2021 Census (income is the ABS median weekly household income annualised) and Australia Post. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage repayment are 2021 figures and are clearly labelled as such wherever they appear — they are five years old and have moved substantially since. The current median weekly rent in Key Indicators is a genuine recent figure from Residential Tenancies Authority (Qld) (Mar 2026), published under a Creative Commons licence — it is dated on the page and is separate from the older Census rent. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.