Spring Farm is a mid-sized suburb in New South Wales within the Camden local government area (postcode 2570). With a population of 9,868, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $125K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Spring Farm is $1.1 million, having increased 2.8% over the past year. Units have a median price of $845,000 (-0.3% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,500.
Spring Farm is served by 1 school, including 1 primary. The average ICSEA score is 1009, which is around the national average of 1,000. Public transport access includes 23 bus stops. The crime rate in the Camden LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, Spring Farm offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +2.8% year-on-year.
Spring Farm is a mid-sized suburb in New South Wales within the Camden local government area (postcode 2570). With a population of 9,868, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $125K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Spring Farm is $1.1 million, having increased 2.8% over the past year. Units have a median price of $845,000 (-0.3% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,500.
Spring Farm is served by 1 school, including 1 primary. The average ICSEA score is 1009, which is around the national average of 1,000. Public transport access includes 23 bus stops. The crime rate in the Camden LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, Spring Farm offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +2.8% year-on-year.