All About Springfield, Mitcham, SA, 5062

Springfield, Mitcham, SA, is a charming suburb located just seven kilometers south of Adelaide's central business district. Known for its leafy streets and elevated views over the city and the Gulf St Vincent, Springfield is a desirable area for families and professionals seeking a tranquil yet convenient lifestyle. The housing market in Springfield is characterized by its mix of elegant older homes and modern architectural designs, often featuring spacious gardens and premium finishes. As of late, the market has seen steady demand, largely due to its excellent schools, like Scotch College, beautiful parks, and proximity to both the city center and recreational areas such as Belair National Park. This combination of factors makes Springfield an attractive choice for those looking to invest in a quality living environment.

Living in Springfield offers a delightful blend of suburban tranquility with easy access to urban amenities. The community is known for its friendly atmosphere, making it a welcoming environment for newcomers. Local cafes, boutique shops, and services cater to residents' daily needs, while larger shopping centers are just a short drive away. Public transportation options, including buses and trains from nearby Mitcham Station, provide convenient links to surrounding areas and the city. Outdoor enthusiasts will appreciate the numerous walking trails and green spaces, ideal for leisure activities and weekend excursions. Overall, Springfield offers a balanced lifestyle, combining peaceful living with the conveniences of modern-day demands, making it an appealing choice for a diverse range of residents.

Springfield Real Estate Market Outlook

Thinking about buying in Springfield? Now could not be a better time, with just 229 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,953,000 with prices in this suburb ranging from $1,075,000 to $6,333,000. The aproximate distance to the coast is 10 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. 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 Springfield 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 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. Lower than average population density constrains growth in Springfield to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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General Points of Interest

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