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Springfield Lakes

POSTAL CODE: QLD, 4300
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Based on its average 5-year and quarterly capital gains SPRINGFIELD LAKES, 4300 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that SPRINGFIELD LAKES, 4300 obtained a 7.98% growth over a ten-year period. It ranks 1241st on our list of suburbs that property investors should look into.

SPRINGFIELD LAKES, 4300 in QLD belongs to the local government area of Ipswich.

SPRINGFIELD LAKES, 4300 has a capital gain of 11.61% for the past year, which is lower than average compared to its 98.85% growth within a five-year period.

With the median home price in SPRINGFIELD LAKES sitting at $865,000, and the average rent at $650, property owners could potentially earn a 3.91% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in SPRINGFIELD LAKES are low, as opposed to average gains per annum over the past five years.

Surburb overview

Springfield Lakes is a master-planned residential suburb within the City of Ipswich, approximately 29 kilometres south-west of Brisbane CBD. It forms part of the Greater Springfield development, Australia's largest privately built city.

According to the 2021 Census, Springfield Lakes had a population of 17,211 people.  The suburb has a youthful demographic, with a median age of 31 years.  It is popular among families, with couples and families with children comprising 54.7% of households.

Public transport options include Springfield and Springfield Central railway stations, offering regular services to Brisbane. The journey to Brisbane's Central Station takes approximately 38 minutes.  Bus routes 528 and 533 provide local connectivity within the suburb.  Despite these options, 64.5% of residents commute by private car, while 6.0% use public transport.

Essential services are available within and near Springfield Lakes. Springfield Lakes State School and Good Shepherd Catholic Primary School cater to the primary education needs of the community.  Secondary students attend nearby schools such as Springfield Central State High School and Woodcrest State College. Healthcare services are accessible at the Mater Private Hospital in Springfield Central.

Recreational amenities include multiple lakes—Spring Lake, Regatta Lake, and Discovery Lake—surrounded by parks and walking trails.  Robelle Domain offers extensive parklands, playgrounds, and the Orion Lagoon.  Marsdenia Lookout provides panoramic views of the Greater Springfield area.

Springfield Lakes comprises various neighbourhoods, each with distinct characteristics, contributing to the suburb's diverse residential landscape.

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