Key market indicators and historical price trends for Springfield
Annual Growth (Houses)
+16.0%
Annual Growth (Units)
+11.5%
Rental Yield (Houses)
4.3%
Rental Yield (Units)
5.2%
Avg. Days on Market
21
Vacancy Rate
0.8%
5-Year House Growth
+91%
5-Year Unit Growth
+83%
Market Demand
High
5-Year Median Price Trend
Houses
Units
Sources: CoreLogic, PropTrack, realestate.com.au. Prices reflect rolling 12-month median. Past performance is not indicative of future results.
About Springfield
Springfield is Australia's largest master-planned city, spanning multiple suburbs across the Springfield corridor. The Orion Springfield Central town centre, Springfield train station, and the new Springfield Central State High School anchor a rapidly maturing satellite city. The community combines modern family living with growing employment, retail, and education infrastructure.
Development Potential
Very high. Springfield continues to develop with major residential releases, mixed-use town centre expansion, and employment land activation. The train station precinct supports high-density mixed-use development. Springfield's population is projected to double over the next 15 years.
Key Zoning: Centre Zone, Emerging Community, Medium Density Residential, Mixed Use
Growth Drivers
Australia's largest master-planned city
Train station connectivity
Population growth trajectory
Employment land development
Hospital and university anchors
Thinking of Selling?
ACRES provides complimentary property assessments for Springfield owners. Discover your property's true development site value.
Properties in Springfield with development potential are selling for 30–100% above standard residential value. Find out if yours qualifies — no cost, no obligation.
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52 property owners in Springfield requested assessments this month
Median price data sourced from realestate.com.au (April 2025 – March 2026). Figures are indicative and based on recorded sales. Consult a licensed valuer for property-specific advice.