Thinking about buying in Springwood? Now could not be a better time, with 6489 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $776,000 with prices in this suburb ranging from $113,000 to $10,502,000. The aproximate distance to the coast is 14 Km.
Median Weekly Rent | $424.27 |
Median Monthly Mortgage | $1839.77 |
Median Persons Per Bedroom | 0.78 |
Average Household Size | 2.88 |
Average Age | 39.96 |
Average Income | $845.73 |
Average Cars Per Dwelling | 1.98 |
Average Properties Within 50M | 33 |
1 Bed  $821,000 |
2 Bed  $795,000 |
3 Bed  $775,000 |
4 Bed  $921,000 |
5 Bed  $1,180,000 |
6 Bed+$1,652,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Springwood 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 Springwood 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 Springwood necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Springwood State High School
Chatswood Hills State School
Springwood Central State School
Calvary Christian College
Springwood Road State School
St Edward the Confessor School
John Paul College
Mabel Park State High School
Daisy Hill State School
Mabel Park State School
(While the above schools are located with the suburb of Springwood 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 | 7.9 | 20.4 | 28.1 | 57.4 | 96.2 | 2.5 | 24.2 |
Feb | 2.7 | 20.9 | 29.6 | 52.2 | 92.3 | 3.4 | 23.5 |
Mar | 6.2 | 20.5 | 28.4 | 61.8 | 95.3 | 2.6 | 18.2 |
Apr | 2.9 | 16.2 | 26.2 | 51.4 | 94.7 | 2.1 | 16.2 |
May | 1.9 | 13.3 | 23.2 | 51.1 | 90.3 | 2.2 | 13.7 |
Jun | 1.8 | 11.4 | 21.2 | 53.0 | 91.1 | 2.2 | 12.4 |
Jul | 1.3 | 10.5 | 21.3 | 47 | 91.1 | 2.1 | 13.5 |
Aug | 0.6 | 10.1 | 22.2 | 38.3 | 89.0 | 2.2 | 16.6 |
Sept | 0.8 | 13.3 | 23.4 | 47.9 | 92.2 | 2.7 | 19.4 |
Oct | 3.7 | 15.9 | 25.1 | 54.3 | 94 | 2.7 | 22.1 |
Nov | 0.8 | 18.4 | 27.4 | 48.8 | 88.6 | 3.2 | 27.0 |
Dec | 1.8 | 20.3 | 30.1 | 46.2 | 89.7 | 3.1 | 27 |
source: Australian Government Bureau of Meteorology
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