Suburb Profile Report for Springvale NSW (2650)

Springvale House: Median price $710,000, Annual capital growth 4.65%, Number of sales 29, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Springvale, 2650 have given investors a capital gain of 3.27%. This compares badly with the 6.87% for NSW as a whole.

Over the longer term, Springvale has seen property prices show investors a 8.65% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Springvale 2650 should be seeing an average reduction in asking price of around -4.82% . This means that Springvale is holding prices well when compared to other suburbs in NSW.

At number 3631 in a list of fastest selling suburbs, Springvale is in the bottom 10% of suburbs in Australia with an average of days on market 151.33 for properties listed there.

HOUSE UNIT
$710,000 N/A
3.20% N/A
3.27% N/A
4.65% N/A
N/A N/A
29 N/A
N/A N/A
151.33 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1690
Median household income ($/weekly) 2271
Median age of persons 35
Median housing loan repayment ($/monthly) 2167
Average household size 3.7
  • Census Count Percent(%)
    5-14 years 385 22.8
    15-19 years 165 9.8
    35-44 years 321 19.0
    45-54 years 288 17.0
    55-64 years 156 9.2
    Others 375 22.2
    Age Group
    Census Count Percent(%)
    Registered Married 757 69.3
    Not Married 303 27.7
    Defacto Relationship 32 2.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1563 95.6
    Papua New Guinea 9 0.6
    Philippines 4 0.2
    South Africa 14 0.9
    United Kingdom 21 1.3
    Others 24 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1477 91.9
    No Religion 121 7.5
    Buddhism 9 0.6
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 30 8.2
    $1,500-$1,999 48 13.2
    $2,000-$2,499 81 22.2
    $2,500-$2,999 52 14.2
    $3,000-$3,499 51 14.0
    Others 103 28.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 582 50.3
    Employed, worked part-time 280 24.2
    Not in the labour force 223 19.3
    Employed, away from work 56 4.8
    Unemployed, looking for work 16 1.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 140 15.3
    Professionals 226 24.7
    Technicians & trades workers 140 15.3
    Clerical & administrative workers 133 14.5
    Sales 92 10.1
    Others 184 20.1
    Occupation
    Census Count Percent(%)
    Pre-school 44 7.3
    Infants/Primary 262 43.4
    Secondary 202 33.5
    Technical or Further Educational Institution 34 5.6
    University or other Tertiary Institutions 57 9.5
    Others 4 0.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1569 98.3
    Improvised home, tent, sleepers out 23 1.4
    Flat, unit or apartment 4 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 285 65.5
    Fully owned 138 31.7
    Rented 9 2.1
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals