Suburb Profile Report for Springfield NSW (2250)

Springfield House: Median price $550,000, Annual capital growth 5.57%, Number of sales 93, Weekly median advertised rent $450

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 6.87% which means that Springfield, 2250 has done well for property investors by showing a capital gain of 9.11% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Springfield comes in at number 526th in NSW.

Property investors looking for a bargain in Springfield should be aiming for at least -5.24% off the asking price, which is the average vendor discount being achieved at the moment.

HOUSE UNIT
$550,000 N/A
1.85% N/A
9.11% N/A
5.57% N/A
$450 N/A
93 N/A
4.25% N/A
32.84 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 4108
Median household income ($/weekly) 1290
Median age of persons 35
Median housing loan repayment ($/monthly) 1842
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 659 16.0
    25-34 years 488 11.9
    35-44 years 589 14.3
    45-54 years 670 16.3
    55-64 years 457 11.1
    Others 1246 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 1451 50.5
    Not Married 1169 40.7
    Defacto Relationship 253 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3326 85.7
    Papua New Guinea 65 1.7
    South Africa 31 0.8
    United Kingdom 231 5.9
    Other 59 1.5
    Others 171 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 53 1.4
    Christianity 2860 76.2
    Islam 14 0.4
    Other Religious Groups 15 0.4
    No Religion 803 21.4
    Others 8 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 108 8.7
    $600-$799 110 8.9
    $1,000-$1,249 115 9.3
    $1,500-$1,999 196 15.8
    $2,000-$2,499 137 11.0
    Others 575 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1132 38.5
    Not in the labour force 920 31.3
    Employed, worked part-time 635 21.6
    Employed, away from work 135 4.6
    Unemployed, looking for work 115 3.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 219 11.5
    Professionals 395 20.7
    Technicians & trades workers 276 14.5
    Community & personal service workers 225 11.8
    Clerical & administrative workers 289 15.2
    Others 500 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 110 9.8
    Infants/Primary 412 36.7
    Secondary 323 28.8
    Technical or Further Educational Institution 91 8.1
    University or other Tertiary Institutions 153 13.6
    Others 34 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3722 95.8
    Semi-detached, row or terrace house, townhouse 148 3.8
    Flat, unit or apartment 13 0.3
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 661 47.9
    Rented 368 26.6
    Fully owned 343 24.8
    Other tenure type 9 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals