Suburb Profile Report for Springfield QLD (4300)

Springfield House: Median price $420,500, Annual capital growth 3.62%, Number of sales 115, Weekly median advertised rent $380

Springfield Unit: Median price $300,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 6.04% for the last 12 months, Springfield, 4300 has performed for property investments than its average annual 3.62% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Springfield comes in at number 419th in QLD.

Vendor discounting in Springfield is giving property investors an average Vendor Discount of around -4.85%. This puts suburb at number 667th in QLD when ranking the most discounted suburbs.

Springfield is 396th on a list of best yielding suburbs for rents in QLD with a 4.70% return

Across a shorter period, Springfield, 4300 has seen a median price increase of 1.69% over the last quarter.

HOUSE UNIT
$420,500 $300,000
2.37% 1.69%
6.04% N/A
3.62% N/A
$380 $350
115 10
4.70% 6.07%
75.03 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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Demographics
Total population 6618
Median household income ($/weekly) 1675
Median age of persons 28
Median housing loan repayment ($/monthly) 2000
Average household size 3.2
  • Census Count Percent(%)
    0-4 years 704 10.6
    5-14 years 1243 18.8
    25-34 years 1141 17.2
    35-44 years 1143 17.3
    45-54 years 768 11.6
    Others 1618 24.5
    Age Group
    Census Count Percent(%)
    Registered Married 2204 49.8
    Not Married 1612 36.4
    Defacto Relationship 610 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4484 70.1
    Indonesia 84 1.3
    Papua New Guinea 660 10.3
    United Kingdom 345 5.4
    Other 352 5.5
    Others 471 7.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 162 2.7
    Christianity 4097 67.2
    Hinduism 103 1.7
    Other Religious Groups 65 1.1
    No Religion 1626 26.7
    Others 44 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 205 11.3
    $1,250-$1,499 190 10.5
    $1,500-$1,999 355 19.6
    $2,000-$2,499 318 17.6
    $2,500-$2,999 174 9.6
    Others 569 31.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2401 53.2
    Not in the labour force 969 21.5
    Employed, worked part-time 773 17.1
    Unemployed, looking for work 186 4.1
    Employed, away from work 182 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 480 14.3
    Technicians & trades workers 531 15.8
    Community & personal service workers 363 10.8
    Clerical & administrative workers 563 16.8
    Machinery operators & drivers 356 10.6
    Others 1061 31.6
    Occupation
    Census Count Percent(%)
    Pre-school 116 6.1
    Infants/Primary 817 43.3
    Secondary 536 28.4
    Technical or Further Educational Institution 140 7.4
    University or other Tertiary Institutions 236 12.5
    Others 44 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6072 94.4
    Semi-detached, row or terrace house, townhouse 362 5.6
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1017 51.3
    Rented 767 38.7
    Fully owned 195 9.8
    Other tenure type 5 0.3
    Tenure Type
Census 2011, ABS
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