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Springbrook, QLD 4213
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$890,000
market range $800K-$1.1M
Median Unit
$1,025,000
Gross Yield (houses)
4.6%
1yr Growth (houses)
+17.2%
market range +10.0% to +22.5%
Investment snapshot for Springbrook
Springbrook has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Springbrook market and investor summary
In Springbrook, QLD 4213, the median house sells for around $890K, on a gross rental yield of 4.6% for houses. House prices have moved +17.2% over the past year. At 2.5% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.6% is neither a standout cashflow play nor a pure growth bet.
Living in Springbrook: people, income and schools
Springbrook has a resident population of roughly 705, a number that has held fairly steady over five years. At a median age of 49, it reads as skewed a little older, and 78% 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 $66,000 a year (about $1,270 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 13.4 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 18% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 1 for walkability out of 100.
- Population
- 705
- +6% over 5yr
- Median age
- 49 years
- Median household income
- $66,000/yr
- Households renting
- 13%
- Family households
- 62%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1046
- Unemployment
- 2.8%
- Walk score
- 1/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Springbrook
View all →Frequently asked questions about Springbrook
What should I check before investing in Springbrook?
Springbrook has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.6% gives a usable rent-to-price starting point. Capital growth of +17.2% in the past year shows strong 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 Springbrook?
The median property price in Springbrook, QLD 4213 is $890K for houses and $1.0M for units.
What rental yield does Springbrook show?
The gross rental yield in Springbrook is 4.6% for houses and 3.6% 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 Springbrook?
House prices in Springbrook are up 17.2% over the past year. 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 Springbrook?
The current vacancy rate in Springbrook is 2.5%. 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 Springbrook?
Springbrook has a population of approximately 705 residents, with a median age of 49.
What schools are near Springbrook?
There are 1 school within roughly 5km of Springbrook. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Springbrook affordable to buy in?
A median house in Springbrook costs about 13.4 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 Springbrook's population growing?
The population of Springbrook has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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