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Spring Farm
SA, 5453 - Clare And Gilbert Valleys

Thinking about buying in Spring Farm? Now could not be a better time, with just 94 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $815,000 with prices in this suburb ranging from $459,000 to $1,728,000. The aproximate distance to the coast is 56 Km.

Household Makeup

Median Weekly Rent $312.75
Median Monthly Mortgage $1388.00
Median Persons Per Bedroom 0.65
Average Household Size 2.00
Average Age 51.50
Average Income $768.25
Average Cars Per Dwelling 1.87
Average Properties Within 50M 1

Housing Stock

Average Property Prices

3 Bed  $643,000
4 Bed  $923,000
5 Bed  $1,023,000

Spring Farm Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Spring Farm 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 Spring Farm 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 Spring Farm 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.


Local Schools

Clare Primary School

Vineyard Lutheran School

St Joseph's School

(While the above schools are located with the suburb of Spring Farm 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.

Spring Farm 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
Jan0.815.330.923.374.53.127.6
Feb1.114.929.527.377.72.923.8
Mar0.812.526.330.983.92.719.1
Apr1.59.722.338.086.82.515.0
May2.06.716.951.894.22.510.9
Jun1.74.013.757.396.42.49.5
Jul2.14.113.260.497.02.99.4
Aug2.04.114.154.196.02.911.9
Sept2.06.217.846.394.13.216.9
Oct1.48.321.635.990.03.122.2
Nov110.225.127.387.03.125.1
Dec1.213.328.624.779.53.328.1

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

ClareGillentownEmu FlatPolish Hill RiverSevenhillArmaghHill RiverStanley FlatBoconnoc ParkPenwortham


General Points of Interest

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