Springfield, situated on the Central Coast of New South Wales, offers a unique housing market characterized by its blend of affordability and access to lifestyle amenities. In recent years, Springfield has become increasingly popular among homebuyers seeking a balance between tranquil suburban living and proximity to larger urban centers like Sydney and Newcastle. The housing market in Springfield reflects the diverse needs of its residents, with a mix of older, established homes and newer developments catering to families, retirees, and young professionals. Buyers are drawn to Springfield not only for its competitive prices compared to other parts of the Central Coast but also for the potential investment returns as the region continues to grow in popularity.
Living in Springfield comes with a plethora of lifestyle benefits that contribute to its appeal. The area is characterized by its natural beauty, surrounded by lush greenery and close to stunning beaches, making it an ideal location for outdoor enthusiasts. Residents enjoy a tight-knit community vibe, with a variety of local events and activities that foster a sense of belonging. The suburb is well-equipped with essential amenities, including schools, shopping centers, and healthcare facilities, ensuring convenience for everyday life. Additionally, its strategic location provides easy access to both the hustle of city life and the serene retreats of the countryside, offering the best of both worlds for those who call Springfield home.
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Thinking about buying in Springfield? Now could not be a better time, with just 30 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,310,000 with prices in this suburb ranging from $501,000 to $2,118,000. The aproximate distance to the coast is 66 Km.
In Springfield there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Springfield is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Springfield 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 Springfield 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.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Springfield there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.7 | 12.2 | 24.8 | 42.2 | 88.1 | 3.6 | 22.4 |
Feb | 2.8 | 11.8 | 23.4 | 47.3 | 91.1 | 3.6 | 19.0 |
Mar | 2.7 | 10.3 | 20.6 | 51.2 | 90.2 | 3.5 | 15.4 |
Apr | 1.9 | 7.7 | 17.0 | 54.3 | 92.4 | 3.3 | 12.3 |
May | 1.7 | 4.9 | 13.0 | 58.8 | 93.1 | 3.8 | 9.4 |
Jun | 2.5 | 3 | 10.2 | 61.6 | 92.5 | 3.7 | 8.1 |
Jul | 1.9 | 2.7 | 10.2 | 57.5 | 90.7 | 4.2 | 8.4 |
Aug | 1.8 | 2.7 | 10.8 | 53.9 | 90.6 | 4.2 | 10.7 |
Sept | 1.9 | 4.5 | 14.3 | 47.1 | 91.6 | 4.3 | 15.1 |
Oct | 2.9 | 6.5 | 17.0 | 49.0 | 91.3 | 3.9 | 19.3 |
Nov | 2.7 | 8.5 | 19.4 | 49.4 | 91.3 | 3.6 | 21.3 |
Dec | 2.8 | 10.1 | 22.2 | 47.4 | 93.0 | 3.6 | 24.6 |
source: Australian Government Bureau of Meteorology
11-12-2023 | $880,000 | 445 Bobundara Lane |
30-01-2020 | $4,630,000 | 826 Springfield Road |
18-09-2018 | $240,000 | 2871 Myalla Road |
06-11-2017 | $830,272 | 826 Springfield Road |
12-10-2017 | $800,000 | 40 Rock Lodge Road |
17-07-2017 | $2,021,950 | 285 Brechnoch Road |
19-01-2017 | $330,000 | 445 Bobundara Lane |
31-07-2013 | $704,000 | 1621 Springfield Road |
05-05-2006 | $55,000 | 445 Bobundra Lane |
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