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Springfield (Macedon Ranges - Vic.) is a suburb in Macedon Ranges Shire, Australia with 181 residents. The median house price is $1.1M with a rental yield of 5.1%. Our analysis rates Springfield (Macedon Ranges - Vic.) with a suburb score of 95/100 for investment timing.
This suburb shows strong investment potential with property prices forecast to outperform the market average over the next 1-3 years. Key indicators including vacancy rates, rental yields, and days on market all signal favorable conditions for capital growth.
95
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Springfield (Macedon Ranges - Vic.) has a suburb score of 95/100 for investment timing, placing it among the top-performing suburbs in Macedon Ranges Shire for capital growth potential. The strong suburb score indicates favorable market conditions including positive price momentum, healthy rental demand, and low vacancy rates. Property investors looking for capital growth in Australia should consider Springfield (Macedon Ranges - Vic.) as a priority suburb.
Springfield (Macedon Ranges - Vic.)'s capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Springfield (Macedon Ranges - Vic.) include strong buyer demand, limited housing supply, and positive demographic trends. Historical data suggests Springfield (Macedon Ranges - Vic.) has outperformed many suburbs in Macedon Ranges Shire for property value appreciation.
Springfield (Macedon Ranges - Vic.) is located within Macedon Ranges Shire Local Government Area in Australia. Macedon Ranges Shire encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Springfield (Macedon Ranges - Vic.) is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Springfield (Macedon Ranges - Vic.) is $1.1M based on recent sales data. As a premium suburb in Macedon Ranges Shire, Springfield (Macedon Ranges - Vic.) typically attracts investors focused on capital appreciation and wealth preservation through quality property assets.
Springfield (Macedon Ranges - Vic.) has an average rental yield of 5.1%, which is above the national average, making it attractive for investors prioritizing cash flow and rental income. High-yield suburbs like Springfield (Macedon Ranges - Vic.) can provide positive cash flow from day one, offsetting holding costs and mortgage payments.
Springfield (Macedon Ranges - Vic.) has a population of approximately 181 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Springfield (Macedon Ranges - Vic.) is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Springfield (Macedon Ranges - Vic.)'s suburb score of 95/100 can be compared against other suburbs in Macedon Ranges Shire to identify relative investment value. With a score above 80, Springfield (Macedon Ranges - Vic.) ranks among the top suburbs in the local government area for investment timing. This suggests stronger fundamentals compared to many neighboring suburbs. Compare all suburbs in Macedon Ranges Shire using our platform to find the best investment opportunities.
