Median price · 7 years
Rolling 12-month median, all dwellings
$620,000+8.5% past 12 months
2020202120222023202420252026
Springfield
Steady outlook Growth score 64 Top 59% of sample
Risk score 31 Low · lower is better
Stability score 75 Consistent over 10 years
What drives the growth score
Nine metrics, each benchmarked against every suburb nationally. Weighted sum equals the score.
Sales momentum18% Moderate · 65
Listing scarcity15% Strong · 71
Rental demand14% Moderate · 58
Days on market12% Moderate · 69
Infrastructure investment11% Strong · 76
Jobs access10% Moderate · 54
Population growth8% Moderate · 56
Income growth7% Moderate · 58
New supply pressure5% · negative Low · 34
Key metrics vs benchmarks
QLD column is the sample-state average; national is the whole sample.
| Metric | Springfield | QLD | National |
|---|---|---|---|
| Median price | $620,000 | $778,300 | $734,203 |
| 12-month growth | +8.5% | +11.0% | +8.4% |
| Gross rental yield | 4.0% | 4.0% | 4.0% |
| Vacancy rate | 1.5% | 1.6% | 1.3% |
| Days on market | 22 | 35 | 31 |
| Auction clearance | 58% | 59% | 62% |
| New supply pipeline | Low | Moderate | Moderate |
Risk score components
Lower is safer. Components are read independently; the score is their weighted blend.
31Low risk
New supply pipelineApproved dwellings vs existing stock Low · 34
Employment concentrationShare of jobs in the top two industries Low · 25
Price volatility, 5 yearsLargest peak-to-trough drawdown Low · 20
Vacancy pressureCurrent vacancy vs 2% threshold Low · 27
Hazard exposureFlood, bushfire and storm surge overlays Low · 14
Who lives here
ABS Census, latest release, aggregated to suburb
40,000population 30median age 55%owner-occupied 45%renting
Owner-occupiedRenting
Springfield is a master-planned community in the Ipswich corridor and one of Australia's fastest-growing suburbs. The expanding town centre, Mater Hospital, university campus, and rail extension plans position it for continued strong growth.
On the ground
Committed projects and catalysts feeding the infrastructure and jobs metrics
- Springfield Central Town Centre expansion
- Mater Private Hospital Springfield
- University of Southern Queensland Springfield
- Springfield Rail Line extension (planned)
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