Spring Plains is a quiet locality in New South Wales within the Narrabri local government area (postcode 2388). With a population of 73, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $87K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Spring Plains is $4.1 million, having surged 107.1% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 0.6%.
Public transport access includes 2 bus stops. The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Spring Plains offers a gross rental yield of 0.6%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 47.8x is considered stretched. House prices have moved +107.1% year-on-year.
Spring Plains is a quiet locality in New South Wales within the Narrabri local government area (postcode 2388). With a population of 73, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $87K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Spring Plains is $4.1 million, having surged 107.1% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 0.6%.
Public transport access includes 2 bus stops. The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Spring Plains offers a gross rental yield of 0.6%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 47.8x is considered stretched. House prices have moved +107.1% year-on-year.