Spring Farm
SA, 5453
-
Clare And Gilbert Valleys
Thinking about buying in Spring Farm? Now could not be a better time, with just 94 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $815,000 with prices in this suburb ranging from $459,000 to $1,728,000. The aproximate distance to the coast is 56 Km.
Household Makeup
| Median Weekly Rent | $312.75 |
| Median Monthly Mortgage | $1388.00 |
| Median Persons Per Bedroom | 0.65 |
| Average Household Size | 2.00 |
| Average Age | 51.50 |
| Average Income | $768.25 |
| Average Cars Per Dwelling | 1.87 |
| Average Properties Within 50M | 1 |
Housing Stock
Average Property Prices
| 3 Bed $643,000 |
| 4 Bed $923,000 |
| 5 Bed $1,023,000 |
Spring Farm Real Estate Market Outlook
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Spring Farm due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Spring Farm leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Spring Farm the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Local Schools
Clare Primary School
Vineyard Lutheran School
St Joseph's School
(While the above schools are located with the suburb of Spring Farm there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Spring Farm weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.8 | 15.3 | 30.9 | 23.3 | 74.5 | 3.1 | 27.6 |
| Feb | 1.1 | 14.9 | 29.5 | 27.3 | 77.7 | 2.9 | 23.8 |
| Mar | 0.8 | 12.5 | 26.3 | 30.9 | 83.9 | 2.7 | 19.1 |
| Apr | 1.5 | 9.7 | 22.3 | 38.0 | 86.8 | 2.5 | 15.0 |
| May | 2.0 | 6.7 | 16.9 | 51.8 | 94.2 | 2.5 | 10.9 |
| Jun | 1.7 | 4.0 | 13.7 | 57.3 | 96.4 | 2.4 | 9.5 |
| Jul | 2.1 | 4.1 | 13.2 | 60.4 | 97.0 | 2.9 | 9.4 |
| Aug | 2.0 | 4.1 | 14.1 | 54.1 | 96.0 | 2.9 | 11.9 |
| Sept | 2.0 | 6.2 | 17.8 | 46.3 | 94.1 | 3.2 | 16.9 |
| Oct | 1.4 | 8.3 | 21.6 | 35.9 | 90.0 | 3.1 | 22.2 |
| Nov | 1 | 10.2 | 25.1 | 27.3 | 87.0 | 3.1 | 25.1 |
| Dec | 1.2 | 13.3 | 28.6 | 24.7 | 79.5 | 3.3 | 28.1 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Clare Golf Course - Less than 5 KM
Billy Goat Hill Lookout - Less than 5 KM
Jim Barry Wines - Less than 10 KM
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!