Thinking about buying in Springton? Now could not be a better time, with a whopping 527 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $592,000 with prices in this suburb ranging from $102,000 to $1,215,000.Distance to the coast is 45 Km.
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 Springton due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Springton changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Springton necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Springton we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Springton a better buying opportunity than it may have been in the past.
|Median Weekly Rent||$290.00|
|Median Monthly Mortgage||$1083.00|
|Median Persons Per Bedroom||0.70|
|Average Household Size||2.00|
|Average Cars Per Dwelling||2.09|
|Average Properties Within 50M||3|
|1 Bed $365,000|
|2 Bed $428,000|
|3 Bed $482,000|
|4 Bed $636,000|
|5 Bed $855,000|
|3-5 MILLER ST, SPRINGTON, SA, 5235||3||1||12||POA Contact Agent|
Springton Primary School(While the above schools are located with the suburb of Springton there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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