SPRINGFIELD
Investor score
49
Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.
Median price
—
no recent data
Rent yield
2.3%
rent real · price estimated
Annual growth
2.3%
modelled estimate
Vacancy rate
1.9%
modelled estimate
AI insights for SPRINGFIELD
Investment analysis, risks & comparisons
SPRINGFIELD shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
Median rent
$150/wk
DFFH Moving Annual Rent · Sep 2025
Demand change
+2.2%
annual shift
Yield × growth index
2.3
combined signal
Net yield (est.)
4.10%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+2.2%
est. compound, long-run avg
10-yr growth (CAGR)
+6.3%
est. compound, long-run avg
Rental demand
44 / 100
Moderate demand
Supply pipeline
Est.0.9%
new dwellings approved / stock · Modelled estimate
Low supply pressure
5-year price history
No price history available.
Market overview
SPRINGFIELD is a VIC suburb offering lower rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.
Highlights
- Rental yield 2.3% with stable tenant demand
- Access to national transport network and amenities
Risk factors
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$1,093/wk
$36k taxable p.a.
Renters
18.3%
69.5% owner-occupier
Median age
46.0 yrs
Unemployment
6.2%
Population growth
+0.5% p.a.
Investor-owned
9.0%
of all dwellings (ATO)
Houses
81%
6% apartments
Degree qualified
24.3%
bachelor's or higher (ABS)
Work from home
13.2%
of employed residents (ABS Census)
Median lot size
1.8 ha
Large block
Household size
2.7 persons
avg per dwelling (ABS Census)
Short-term rental
0.8%
Mostly long-term tenants
Market activity
Distance to CBD
303.4 km
Regional
Days on market
64 days
Slower market
Auction clearance
40.3%
Buyer's market
Walkability
0 / 100
Car-dependent
Coastal proximity
298.0 km
Inland
NBN technology
FTTNStandard — fibre to node
Population density
51/km²
Rural / semi-rural
Liveability & safety
Safety index
High crime10.4 offences / 100 persons
Source: VIC Crime Statistics Agency · Dec 2025
School quality
AverageSource: ACARA My School 2025
Transit access
LimitedSource: State GTFS feeds
Gentrification signal
26
/ 100
Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
Properties in SPRINGFIELD
View listingsLocal professionals
Connect with agents and building inspectors who operate in SPRINGFIELD. Ask about off-market opportunities, rental appraisals, or arrange a building inspection.
Sign in to contact local professionals
Create a free account to message agents and inspectors directly.
Premium feature
Full suburb intelligence is available to Premium subscribers. Unlock unlimited research, scoring, and market signals.
Upgrade to Premium