SA5062· Pop. 15,502Mitcham

SPRINGFIELD

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

67

Liveability score

71

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

Real

$1,115,500

SA Gov · 2026

Rent yield

Real

3.3%

computed from govt data

Annual growth

Real

-33.0%

annualised from govt data

Vacancy rate

Est.

1.1%

modelled estimate

AI insights for SPRINGFIELD

Investment analysis, risks & comparisons

PREMIUM

SPRINGFIELD shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from SA Gov · 2026 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$700/wk

SA Housing Trust · Q1 2026

Demand change

+9.7%

annual shift

Yield × growth index

-14.9

combined signal

Net yield (est.)

2.11%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

-2.3%

est. compound, long-run avg

10-yr growth (CAGR)

+3.9%

est. compound, long-run avg

Rental demand

64 / 100

Strong demand

Supply pipeline

Est.

3.7%

new dwellings approved / stock · Modelled estimate

High supply risk

5-year price history

2020
$1370k
2021
$1250k
2022
$1193k
2023
$1464k
2024
$1521k
2025
$1665k
2026
$1116k

Source: SA Gov · 2026 · all sources

Market overview

SPRINGFIELD is a metropolitan SA suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro SA suburb with strong infrastructure and transport
  • Rental yield 3.3% with stable tenant demand
  • Very low vacancy rate — high rental demand
  • Access to national transport network and amenities

Risk factors

  • High entry price may limit buyer pool
  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$2,194/wk

$85k taxable p.a.

Renters

18.7%

78.8% owner-occupier

Median age

44.0 yrs

Unemployment

2.9%

Population growth

+2.7% p.a.

Investor-owned

17.0%

of all dwellings (ATO)

Houses

10%

78% apartments

Degree qualified

43.4%

bachelor's or higher (ABS)

Work from home

23.6%

of employed residents (ABS Census)

Median lot size

120 m²

Apartment/strata

Household size

2.2 persons

avg per dwelling (ABS Census)

Short-term rental

11.8%

Active STR market

Market activity

Distance to CBD

8.4 km

Middle ring

Days on market

34 days

Normal turnover

Auction clearance

68.0%

Strong demand

Walkability

8 / 100

Car-dependent

Coastal proximity

7.5 km

Near coast

NBN technology

FTTP

Fastest — full fibre to premises

Population density

6,276/km²

Very dense urban

Schools in postcode 5062

🏫3 Primary🎓3 Secondary📚2 Combined
ACARA 2025

🏫Primary (3)

St Joseph's School

Catholic · Yrs R-6 · Major Cities

ICSEA 1135(92%)
256 students16:1 student–teacher46% girls55% top SEA quarter

Mitcham Primary School

Government · Yrs R-6 · Major Cities

ICSEA 1121(89%)
629 students18:1 student–teacher46% girls48% top SEA quarter

Clapham Primary School

Government · Yrs U, R-6 · Major Cities

ICSEA 1098(84%)
243 students14:1 student–teacher49% girls40% top SEA quarter

🎓Secondary (3)

Unley High School

Government · Yrs 7-12 · Major Cities

ICSEA 1084(80%)
1,547 students14:1 student–teacher43% girls34% top SEA quarter

Mitcham Girls High School

Government · Yrs 7-12 · Major Cities

ICSEA 1083(79%)
754 students14:1 student–teacher100% girls33% top SEA quarter

Urrbrae Agricultural High School

Government · Yrs 7-12 · Major Cities

ICSEA 1074(77%)
1,102 students14:1 student–teacher55% girls29% top SEA quarter

📚Combined (2)

Scotch College

Independent · Yrs R-12 · Major Cities

ICSEA 1146(95%)
1,213 students11:1 student–teacher48% girls61% top SEA quarter

Mercedes College

Catholic · Yrs R-12 · Major Cities

ICSEA 1133(92%)
1,111 students12:1 student–teacher46% girls54% top SEA quarter

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Safe
98/ 100

0.1 offences / 100 persons

Source: SA Police · 2024-25

School quality

Top tier
1109ICSEA · national avg 1000

8 schools in postcode area

Source: ACARA My School 2025

Transit access

Good
44/ 100
🚆 4 train🚌 49 bus

Source: State GTFS feeds

Gentrification signal

41

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in SPRINGFIELD

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