Springhurst

Springhurst, VIC 3682 is a small suburb with a population of 349 residents. The demographic profile skews towards individuals aged between 5 to 64 years old, with a good mix of occupations including managers, technicians, and labourers. The median household income is average, and there is a preference for commuting by motor vehicle. The suburb has a high market absorption rate indicating strong demand for properties. With a median growth of 7.9%, it could be a promising area for property investors, especially for those interested in renovating properties due to the high Sale Price IQR Ratio for houses. The room demand-supply ratio suggests potential for renting out rooms in houses. Springhurst, VIC 3682 offers a peaceful lifestyle for its residents with a tight-knit community feel. It presents opportunities for property investors looking for high growth potential. Home buyers seeking a tranquil environment with good investment prospects may find Springhurst appealing. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022