Located in Queensland within the Western Downs local government area, Springvale is a small, quiet locality (postcode 4405). With a population of 52, the suburb has a mature demographic with a median age of 45. Households earn a median income of $108K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, technicians & trades. Employment in the area leans toward agriculture and construction. The top ancestries reported are Australian, English, German.
The median weekly rent is $200 (Census 2021). The median monthly mortgage repayment is $2,700.
The crime rate in the Western Downs LGA is moderate at 6,366 incidents per 100,000 population.
From an investment perspective, Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.