24 Raelene Terrace

Springwood QLD 4127

The size of Springwood is approximately 6.1 square kilometres. It has 20 parks covering nearly 11.1% of total area. The population of Springwood in 2011 was 8,990 people. By 2016 the population was 9,140 showing a population growth of 1.7% in the area during that time. The predominant age group in Springwood is 30-39 years. Households in Springwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springwood work in a professional occupation. In 2011, 69.6% of the homes in Springwood were owner-occupied compared with 68.2% in 2016.

Springwood has 4,213 properties. Over the last 5 years, Houses in Springwood have seen a 89.61% increase in median value, while Units have seen a 129.85% increase. As at 31 October 2024:

• The median value for Houses in Springwood is $944,750 while the median value for Units is $552,458.
• Houses have a median rent of $620 while Units have a median rent of $485.