Suburb Profile Report for Springwood QLD (4127)

Springwood House: Median price $637,000, Annual capital growth 3.76%, Number of sales 203, Weekly median advertised rent $380

Springwood Unit: Median price $255,000, Annual capital growth 4.06%, Number of sales 72, Weekly median advertised rent $495

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Springwood, 4127 ranked 172th in QLD when comparing growth in median property values or capital gain over the last 12 months. Springwood is one of 2415 in our list for QLD

Springwood,4127 was ranked 2720 in Australia by increase in median property value over the quarter.

Property buyers and investors in Springwood 4127 should be seeing an average reduction in asking price of around 0.00% . This means that Springwood is holding prices well when compared to other suburbs in QLD.

In the last year 203 properties changed hands in Springwood, which puts it as the 149th most active market in QLD when comparing the number of sales per suburb.

Situated 20.16km from the CBD, Springwood is one of Logan (C) localities in the postcode 4127.

Springwood, 4127 ranked 368th in QLD when comparing growth in median property values or capital gain over the last 12 months. Springwood is one of 2415 in our list for QLD

Over the longer term, Springwood has seen property prices show investors a 6.51% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Springwood is giving property investors an average Vendor Discount of around -4.51%. This puts suburb at number 108th in QLD when ranking the most discounted suburbs.

At number 1462 in a list of fastest selling suburbs, Springwood is in the bottom 30% of suburbs in Australia with an average of days on market 57.6118 for properties listed there.

Metrics i HOUSE UNIT
$637,000 $255,000
3.45% 3.45%
25.00% 5.26%
3.76% 4.06%
$380 $495
203 72
4.39% 2.86%
17.4186046511628 57.6117647058824

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Very good (U)
Find a mortgage broker in Springwood QLD
Demographics
Total population 8990
Median household income ($/weekly) 1445
Median age of persons 37
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1065 11.8
    25-34 years 1289 14.3
    35-44 years 1311 14.6
    45-54 years 1205 13.4
    55-64 years 1309 14.6
    Others 2812 31.3
    Age Group
    Census Count Percent(%)
    Registered Married 3401 49.9
    Not Married 2761 40.5
    Defacto Relationship 654 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 6002 69.3
    Papua New Guinea 788 9.1
    South Africa 101 1.2
    United Kingdom 532 6.1
    Other 405 4.7
    Others 829 9.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 148 1.8
    Christianity 6008 72.2
    Hinduism 85 1.0
    Islam 90 1.1
    No Religion 1926 23.1
    Others 66 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 300 10.1
    $1,250-$1,499 283 9.5
    $1,500-$1,999 459 15.4
    $2,000-$2,499 359 12.1
    $2,500-$2,999 299 10.1
    Others 1272 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3306 46.5
    Not in the labour force 1905 26.8
    Employed, worked part-time 1331 18.7
    Employed, away from work 287 4.0
    Unemployed, looking for work 284 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 552 11.2
    Professionals 961 19.5
    Technicians & trades workers 758 15.4
    Clerical & administrative workers 900 18.3
    Sales 488 9.9
    Others 1262 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 121 6.1
    Infants/Primary 701 35.4
    Secondary 567 28.6
    Technical or Further Educational Institution 174 8.8
    University or other Tertiary Institutions 359 18.1
    Others 61 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7242 84.4
    Semi-detached, row or terrace house, townhouse 1283 15.0
    Flat, unit or apartment 43 0.5
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1317 40.8
    Fully owned 967 29.9
    Rented 921 28.5
    Other tenure type 24 0.7
    Tenure Type
Census 2011, ABS
Chart Table