Spring Gully Suburb Profile
Victoria 3550

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Spring Gully has 1,653 properties. Over the last 5 years, Houses in Spring Gully have seen a 41.80% increase in median value, while Units have seen a 35.55% increase. As at 31 October 2024:

  • The median value for Houses in Spring Gully is $606,469 while the median value for Units is $358,033.
  • Houses have a median rent of $470 while Units have a median rent of $430.
There are currently 7 properties listed for sale, and 1 property listed for rent in Spring gully on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Spring gully.

The size of Spring Gully is approximately 7.8 square kilometres. It has 17 parks covering nearly 38.7% of total area. The population of Spring Gully in 2011 was 2,983 people. By 2016 the population was 2,994 showing a population growth of 0.4% in the area during that time. The predominant age group in Spring Gully is 50-59 years. Households in Spring Gully are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Spring Gully work in a professional occupation. In 2011, 73.8% of the homes in Spring Gully were owner-occupied compared with 73% in 2016.

Suburb Insights for SPRING GULLY 3550

Market Insights
Spring Gully Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Spring Gully Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age

Population 2,994

0-9

 

11%

10-19

 

13%

20-29

 

11%

30-39

 

11%

40-49

 

12%

50-59

 

14%

60-69

 

13%

70-79

 

8%

80-89

 

6%

90-99

 

1%

Household Structure
Occupancy

Recent Sales in SPRING GULLY 3550

Properties for sale in SPRING GULLY 3550

Properties for rent in SPRING GULLY 3550

CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Last Updated: 18/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

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