Suburb Profile Report for Spring Grove NSW (2470)

Spring Grove House: Median price $585,000, Annual capital growth 24.08%, Number of sales 12, Weekly median advertised rent $280

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property value increases in Spring Grove have tracked higher than the NSW average of 2.31% over the last 12 months.

A 61.38% growth in median value for property investors in Spring Grove,2470 puts this suburb at number 1049th in terms of best performing suburbs in NSW

Sellers are offering property buyers an average discount of -4.30% to buyers in Spring Grove at the moment, which is less than average for the rest of NSW.

Metrics i HOUSE UNIT
$585,000 N/A
-1.68% N/A
19.69% N/A
24.08% N/A
$280 N/A
12 N/A
2.49% N/A
202.75 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Spring Grove NSW
Demographics
Total population 347
Median household income ($/weekly) 1312
Median age of persons 40
Median housing loan repayment ($/monthly) 1300
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 57 16.5
    35-44 years 53 15.4
    45-54 years 65 18.8
    55-64 years 56 16.2
    65-74 years 25 7.2
    Others 89 25.8
    Age Group
    Census Count Percent(%)
    Registered Married 158 62.7
    Not Married 71 28.2
    Defacto Relationship 23 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 316 94.9
    United Kingdom 6 1.8
    New Zealand 4 1.2
    Other 4 1.2
    China 3 0.9
    Others 0 0.0
    Country of Birth
    Census Count Percent(%)
    Christianity 285 84.8
    No Religion 51 15.2
    Buddhism 0 0.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 15 14.6
    $800-$999 16 15.5
    $1,250-$1,499 10 9.7
    $1,500-$1,999 16 15.5
    $2,000-$2,499 16 15.5
    Others 30 29.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 108 40.9
    Not in the labour force 83 31.4
    Employed, worked part-time 51 19.3
    Employed, away from work 15 5.7
    Unemployed, looking for work 7 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 34 19.1
    Technicians & trades workers 22 12.4
    Clerical & administrative workers 30 16.9
    Machinery operators & drivers 23 12.9
    Labourers 21 11.8
    Others 48 27.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 46 50.0
    Secondary 23 25.0
    University or other Tertiary Institutions 13 14.1
    Pre-school 10 10.9
    Technical or Further Educational Institution 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 337 99.1
    Improvised home, tent, sleepers out 3 0.9
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 59 50.9
    Fully owned 48 41.4
    Rented 9 7.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table