Spring Gully Suburb ProfileVictoria 3550
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Spring Gully has 1,647 properties. Over the last 5 years, Houses in Spring Gully have seen a 49.78% increase in median value, while Units have seen a 41.74% increase. As at 31 May 2024:
- The median value for Houses in Spring Gully is $641,663 while the median value for Units is $379,443.
- Houses have a median rent of $470 while Units have a median rent of $380.
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.
Market Insights
Spring Gully Trends for Houses
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Spring Gully Trends for Units
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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
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Properties for sale in SPRING GULLY 3550
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Properties for rent in SPRING GULLY 3550
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0© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Last Updated: 06/07/2024
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