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All About Springhurst, Wangaratta, VIC, 3682

Springhurst, a quaint locality within Wangaratta in Victoria, offers a unique blend of rural charm and accessibility to urban amenities, making it an appealing spot for those looking to invest in the housing market. The real estate scene in Springhurst typically features larger properties and traditional homes, often set amidst expansive landscapes. This availability of space and the appeal of a quiet, countryside lifestyle have drawn interest from buyers seeking both primary residences and weekend retreats. The relative affordability compared to major urban centers further boosts its attractiveness. Despite being a small community, Springhurst benefits from its proximity to Wangaratta, providing residents with convenient access to shopping, dining, and healthcare services found in the more bustling regional hub.

Living in Springhurst is characterized by a peaceful, close-knit community atmosphere. Residents can enjoy the best of both worlds: the serenity and natural beauty of the rural environment and the convenience of modern amenities not far away. The area offers numerous outdoor activities, with opportunities for hiking, cycling, and exploring the scenic landscapes that the Victorian countryside has to offer. Local events and community groups flourish, giving newcomers and long-time residents alike the chance to connect and engage with their neighbors. The slower pace of life and the strong sense of community make Springhurst an attractive place for families, retirees, and anyone looking to escape the hustle and bustle of city life while still maintaining accessibility to the essentials for modern living.

Household Makeup

Median Weekly Rent $226.67
Median Monthly Mortgage $1550.00
Median Persons Per bed houseroom 0.80
Average Household Size 3.00
Average Age 47.67
Average Income $776.33
Average Cars Per Dwelling 2.68
Average Properties Within 50M 2
Typical 1 bed house
Typical 2 bed house
Typical 3 bed house$584,000
Typical 4 bed house
Typical 5 bed house
Typical 6 bed+ house$1,320,000

Housing Stock

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Springhurst Real Estate Market Outlook

Thinking about buying in Springhurst? Now could not be a better time, with just 193 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $625,000 with prices in this suburb ranging from $378,000 to $1,320,000. The aproximate distance to the coast is 218 Km.

In Springhurst 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 Springhurst due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Springhurst provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Springhurst necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Springhurst 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 Valuation

Local Schools

Springhurst Primary School

(While the above schools are located with the suburb of Springhurst there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Springhurst 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
Jan1.214.533.620.180.13.126.9
Feb2.014.231.428.487.42.723.4
Mar1.711.327.634.191.52.418.5
Apr1.27.123.04295.41.914.4
May1.43.517.455.998.52.09.9
Jun1.31.914.166.798.81.88.5
Jul1.61.613.169.299.22.48.4
Aug1.62.014.361.698.82.411.3
Sept1.43.417.952.798.12.616.2
Oct1.95.622.042.697.22.721.3
Nov1.28.527.328.393.83.125.1
Dec1.511.530.422.587.33.227.5

source: Australian Government Bureau of Meteorology



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General Points of Interest


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