Suburb Profile Report for Springfield QLD (4300)

Springfield House: Median price $425,000, Annual capital growth 1.36%, Number of sales 87, Weekly median advertised rent $390

  • 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

At number 1900th in the list of Australian suburbs ordered by increase in median house value over the last year, Springfield, 4300 is in the top half with a property value increase of -1.16% recorded in median house prices.

Over the longer term, Springfield has seen property prices show investors a 3.47% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Springfield 4300 should be seeing an average reduction in asking price of around -5.90% . This means that Springfield is holding prices well when compared to other suburbs in QLD.

In the last year 87 properties changed hands in Springfield, which puts it as the 235th most active market in QLD when comparing the number of sales per suburb.

The QLD suburb of Springfield, 4300 is in the Ipswich (C) local government area.

Metrics i HOUSE UNIT
$425,000 N/A
-1.85% N/A
-1.16% N/A
1.36% N/A
$390 N/A
87 N/A
4.77% N/A
57.974358974359 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), Above average (U)
Find a mortgage broker in Springfield QLD
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
Chart Table