Spring Ridge is a quiet locality in New South Wales within the Liverpool Plains local government area (postcode 2343). With a population of 266, the suburb has an established demographic with a median age of 40. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Spring Ridge is $473,000, having surged 18.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $852.
Spring Ridge is served by 1 school, including 1 primary. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Liverpool Plains LGA is below average at 3,911 incidents per 100,000 population.
From an investment perspective, Spring Ridge offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($473K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +18.1% year-on-year.
Spring Ridge is a quiet locality in New South Wales within the Liverpool Plains local government area (postcode 2343). With a population of 266, the suburb has an established demographic with a median age of 40. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Spring Ridge is $473,000, having surged 18.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $852.
Spring Ridge is served by 1 school, including 1 primary. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Liverpool Plains LGA is below average at 3,911 incidents per 100,000 population.
From an investment perspective, Spring Ridge offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($473K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +18.1% year-on-year.