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Spring Farm, NSW 2570
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,150,000
market range $1.1M-$1.2M
Median Unit
$725,000
Gross Yield (houses)
3.5%
1yr Growth (houses)
+7.9%
market range +5.0% to +12.5%
Investment snapshot for Spring Farm
Spring Farm has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Spring Farm market and investor summary
In Spring Farm, NSW 2570, the median house sells for around $1.1M, on a gross rental yield of 3.5% for houses. House prices have moved +7.9% over the past year and +20.5% over three years. At 2.0% vacancy, it is a broadly balanced rental market.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.5% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Spring Farm: people, income and schools
Spring Farm is home to around 9,868 people, and the area has been growing steadily, up about 32% over five years. At a median age of 30, it reads as younger than the national median, and 73% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $125,000 a year (about $2,400 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 9.2 times local household income, so affordability is a genuine constraint on local buyers.
Families have 18 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Spring Farm sits about 50 km from the CBD. It is fairly car-dependent; the suburb scores 3 for walkability and 7 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 9,868
- +32% over 5yr
- Median age
- 30 years
- Median household income
- $125,000/yr
- Households renting
- 26%
- Family households
- 86%
- Socio-economic rank
- 9/10
- ABS advantage index
- Schools within 5km
- 18
- avg ICSEA 1011
- Unemployment
- 1.9%
- Distance to CBD
- 50 km
- Walk score
- 3/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Spring Farm
View all →Frequently asked questions about Spring Farm
What should I check before investing in Spring Farm?
Spring Farm has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.1% gives a usable rent-to-price starting point. Capital growth of +7.9% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Spring Farm?
The median property price in Spring Farm, NSW 2570 is $1.1M for houses and $725K for units.
What rental yield does Spring Farm show?
The gross rental yield in Spring Farm is 3.5% for houses and 4.1% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Spring Farm?
House prices in Spring Farm are up 7.9% over the past year and up 20.5% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Spring Farm?
The current vacancy rate in Spring Farm is 2.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Spring Farm?
Spring Farm has a population of approximately 9,868 residents, with a median age of 30.
What schools are near Spring Farm?
There are 18 schools within roughly 5km of Spring Farm. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Spring Farm affordable to buy in?
A median house in Spring Farm costs about 9.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Spring Farm's population growing?
The population of Spring Farm has grown about 32% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Spring Farm from the CBD?
Spring Farm is about 50 km from the CBD.
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