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Profiles
Nearby Suburbs
Real Estate Market: Is Springbank VIC 3352 a Good Suburb to Buy Into?
Housing Market in Springbank
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Ballarat | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $421 | Bottom 3% |
|
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| Premium | Premium | Premium |
Housing Supply in Springbank
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Springbank
47.1%
Springbank
47.1%
Ballarat
34.8%
Ballarat
34.8%
| Field | Value | VS Ballarat | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% | Data for Jun 2025 | ||
| 0.0 | Bottom 10% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 1 | Top 40% |
|
Housing Stock Quality in Springbank
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Ballarat | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 2.7 | Top 30% |
|
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Springbank
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Springbank
19.0%
Springbank
19.0%
Ballarat
29.0%
Ballarat
29.0%
| Field | Value | VS Ballarat | Trend | |
|---|---|---|---|---|
| 0.0 sq km | Bottom 18% | Data for Jun 2023 |
Risk in Springbank
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Springbank
36.8
Springbank
36.8
Ballarat
40.0
Ballarat
40.0
| Field | Value | VS Ballarat | Trend | |
|---|---|---|---|---|
| 32 | Bottom 49% | Data for Jun 2023 | ||
| 85 | Top 11% | Data for Jun 2023 | ||
| 80 | Top 26% | Data for Jun 2023 | ||
| 21.2% | Bottom 44% |
|
Housing Demand in Springbank
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Springbank
41.5%
Springbank
41.5%
Ballarat
54.4%
Ballarat
54.4%
| Field | Value | VS Ballarat | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 7700 | Bottom 29% |
|
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| 31100 | Bottom 16% |
|
||
| Premium | Premium | Premium | ||
| 41700 | Top 30% |
|
||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Springbank
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Ballarat | Trend | |
|---|---|---|---|---|
| 70.0% | Top 48% | Data for Feb 2024 |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Moorabool |
Percent of Renters by Street (8)
| Percent of Renters | Street |
|---|---|
| 0.0% | Barkstead Rd |
| 0.0% | Linehans Rd |
| 0.0% | Kanes Ln |
| 0.0% | Springbank Rd |
| 0.0% | Ormond Rd |
Turnover Rate by Street (6)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 66.7% | Spargo Creek Rd | quite tightly held | Every 15.0 years (quite tightly held) | 2025 |
| 100.0% | Springbank Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 100.0% | Ormond Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 100.0% | Simpsons Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 50.0% | Ronans Rd | very tightly held | Every 20.0 years (very tightly held) | 2025 |
Recently Sold Houses (14)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 835 Springbank Rd | Price Withheld | 6.0 | 3.0 | 2.0 | 05 Jul 2023 | 0 | On Market |
| 835 Springbank Rd | Price Withheld | 6.0 | 3.0 | 05 Jul 2023 | 0 | On Market | |
| 250 Ormond Rd | Price Withheld | 6.0 | 3.0 | 28 Mar 2023 | 0 | On Market | |
| 250 Ormond Rd | Price Withheld | 6.0 | 3.0 | 10.0 | 28 Mar 2023 | 0 | On Market |
| 18 Ronans Rd | $257,200 | 4.0 | 1.0 | 2.0 | 29 Jan 2019 | 0 | On Market |
Median House Sale Prices by Street (2)
| Street | Date | Median sale value |
|---|---|---|
| Ormond Rd | 06 Oct 2023 | $1,300,000 |
| Springbank Rd | 06 Oct 2023 | $605,500 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 250 Ormond Rd | $590 | 3 | 03 Jun 2016 | 0 | ||
| 250 Ormond Rd | $590 | 03 Jun 2016 | 0 | |||
| 250 Ormond Rd | $590 | 3 | 03 Jun 2016 | 0 | ||
| 250 Ormond Rd | $590 | 03 Jun 2016 | 0 | |||
| 250 Ormond Rd | $590 | 3 | 03 Jun 2016 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 434 Ormond Rd | Price Withheld | 0.0 | 0.0 | 05 Jul 2023 | On Market | |
| 434 Ormond Rd | Price Withheld | 0.0 | 0.0 | 05 Jul 2023 | On Market | |
| 434 Ormond Rd | Price Withheld | 0.0 | 0.0 | 05 Jul 2023 | On Market | |
| 434 Ormond Rd | Price Withheld | 0.0 | 0.0 | 05 Jul 2023 | On Market | |
| 434 Ormond Rd | Price Withheld | 0.0 | 0.0 | 05 Jul 2023 | On Market |
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