Springvale
Household income at the 98.1st percentile nationally sits alongside an IRSD decile of 1, the most disadvantaged tier on that index, and that contradiction defines Springvale. The suburb records 100% detached housing, with 93% of homes having 4 or more bedrooms, and only 1.2% of residents rent. The median house price reached $1,037,500 in 2025. With a population of 1,851 and an average household size of 3.4 people, well above the national figure, this is firmly family-scale territory on the fringe of Wagga Wagga.
Population
1,851
Median Age
41.0
Household IncomeiMedian weekly household income (ABS Census)
$3,185/wk
DAs (12 months)iDevelopment Applications lodged in the past year
42
Median House
$1.2M
2024-2025 (PSI derived)
The $1,037,500 median in 2025 represents a 17.7% fall from $1,260,000 in 2024, making this one of the sharper single-year corrections on record for the area. Every dwelling is a separate house and 93% have 4 or more bedrooms, so buyers get large family homes rather than a mix of housing types. Monthly mortgage repayments average $2,232, and the mortgage-to-income ratio sits at 16.2%, well below the 30% stress threshold despite household income at the 98.1st percentile. Outright owners (41.4%) and mortgage holders (57.4%) together account for nearly all residents, with renters at just 1.2%, which limits turnover and can make buying opportunities infrequent.
For Buyers
The $1,037,500 median in 2025 represents a 17.7% fall from $1,260,000 in 2024, making this one of the sharper single-year corrections on record for the area. Every dwelling is a separate house and 93% have 4 or more bedrooms, so buyers get large family homes rather than a mix of housing types. Monthly mortgage repayments average $2,232, and the mortgage-to-income ratio sits at 16.2%, well below the 30% stress threshold despite household income at the 98.1st percentile. Outright owners (41.4%) and mortgage holders (57.4%) together account for nearly all residents, with renters at just 1.2%, which limits turnover and can make buying opportunities infrequent.
For Investors
With only 1.2% of households renting, Springvale sits well below the national average for rentals, and that narrow tenant base limits the traditional rental investment case. Weekly rent sits at $420 and the vacancy rate is 3.6%, indicating limited demand from renters relative to the housing stock. Net overseas migration adds 902 residents a year to the broader area, partly offset by an internal outflow of 508. Development activity ran at 42 applications in the past 12 months, covering dwelling houses, pools and complying developments. Annual population growth of 0.95% is moderate, and the 17.7% price fall from 2024 to 2025 adds near-term capital risk.
Development Activity
Total DAs
233
Last 12 Months
42
YoY ChangeiYear-over-year change in DA lodgements
-6.7%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
The median age of 41 sits 1.0 year above the national figure. University qualifications reach 36.8%, which is 6.7 percentage points above the national rate, pointing to a professionally oriented resident base. Overseas-born residents at 6.2% are 15.4 points below national, and ancestry is predominantly Anglo-Celtic, led by English (754 residents), Irish (340) and Scottish (213). Average household size of 3.4 is 0.9 above the national average, consistent with the family profile, where couples with children (923) outnumber couples without children (333) by nearly 3 to 1.
Age Distribution
Bedrooms
Dwelling Structure
100.0%
Houses
N/A
Townhouse
N/A
Apartment
Tenure
The stock is entirely separate houses, every one of them, and 93% have 4 or more bedrooms, leaving only 6.2% with 3 bedrooms and 0.8% with 2. This makes Springvale one of the most uniformly large-home suburbs in NSW. Tenure splits into 41.4% outright owners, 57.4% on mortgages and just 1.2% renting, a distribution that reflects the family-ownership character rather than an investor-driven market. The median house price fell from $1,260,000 in 2024 to $1,037,500 in 2025, a 17.7% decline. At current income levels the mortgage-to-income ratio is 16.2%, lower than the national stress benchmark, suggesting most mortgage holders are managing repayments comfortably relative to earnings.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$2,232
Rent / wk
$420
HH Size
3.4
Personal Income / wk
$1,148
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
3.6%
Unoccupied
20
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
13.2%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
16.2%
Community Profile
Ancestry
Household Composition
19.8%
Couples, no children
1,682
Total families
Economy & Employment
Healthcare leads employment at 23.1% (167 workers), followed by Education at 18.5% (134 workers) and Construction at 12.0% (87 workers). By occupation, Professionals number 288, ahead of Managers and Clerical/Admin at 140 each. The unemployment rate is just 1.5% and full-time employment runs at 65.7%. The SEIFA scores present a paradox: household income sits at the 98.1st percentile nationally, yet the IRSD sits in decile 1 and IRSAD in decile 2, both below average tiers. This divergence arises because SEIFA captures broader access to services and resources, not just income.
Unemployment
5.2%
Labour Force
12,693
Unemployed
662
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
65.7%
Part-time
32.8%
Participation
71.7%
Employed
994
Occupations
Top Industries
University
36.8%
Postgraduate
7.9%
Born Overseas
6.2%
Dwellings
527
Transport to Work
Car dependence sits at 93.1%, well above the national average, because the suburb covers 16.36 square kilometres with lower-density housing. Only 1.5% walk or cycle. No schools are recorded within the suburb boundary, so families rely on the wider Wagga Wagga area. The IRSAD decile of 2 places Springvale in the lower tier nationally for combined advantage and disadvantage. Against those scores, housing affordability is genuinely low-stress: mortgage repayments represent 16.2% of income and rent just 13.2%, both well below the 30% stress threshold. Only 2.8% of residents (50 people) need daily assistance.
Drive
93.1%
Public Transport
N/A
Walk / Cycle
1.5%
Work from Home
N/A
Population Forecast
+0.95%/yr
(+233 people/yr)
EstablishedAnnual population growth of 0.95% adds about 233 people per year, below the pace of fast-growing outer-suburban corridors nationally. Overseas migration drives the growth at 902 residents a year while net internal outflow is 508. Medium forecasts project 25,641 residents by 2031 compared to 24,023 in 2024. Over the past decade, population rose 12.5% and real income grew 28.9%, above inflation. Rent growth of 36.9% over the same period is also above the general price level. Gentrification is at an early stage (score 26 of 100), supported by overseas inflow and a full recovery from the COVID-era population dip of 5.3%.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+902
Net Internal / yr
-508
Gentrification Signal
Early signs
Population +18% since 2011, Net internal outflow -508/yr, Strong overseas inflow +902/yr, COVID recovered (-5% dip → full recovery)
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Springvale compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Springvale a good suburb to live in?
Springvale suits families seeking large detached homes with low mortgage stress. Household income sits at the 98.1st percentile nationally and the mortgage-to-income ratio is just 16.2%. The trade-offs are high car dependence (93.1% commute by car), an IRSAD disadvantage decile of 2, and limited renter-friendly amenity given only 1.2% of households rent.
What is the median house price in Springvale?
The median house price was $1,037,500 in 2025, down 17.7% from $1,260,000 in 2024. All homes are separate houses, with 93% having 4 or more bedrooms. Monthly mortgage repayments average $2,232, representing 16.2% of household income.
What schools are in Springvale?
No schools are recorded within the Springvale suburb boundary in this dataset. The suburb is part of the Wagga Wagga area, where schools serve the surrounding region. Locally, 36.8% of residents hold university qualifications, 6.7 percentage points above the national figure.
Is Springvale safe?
Crime statistics are not available at the suburb level for Springvale in this dataset. As a broader indicator, only 2.8% of the 1,851 residents (50 people) require daily assistance, and the unemployment rate is 1.5%, both figures associated with stable community conditions. The IRSD disadvantage decile of 1 warrants noting when comparing areas.
Is Springvale good for property investment?
The rental market is very thin, with only 1.2% of households renting and weekly rent at $420, giving a narrow tenant pool. The 17.7% price fall from 2024 to 2025 adds near-term capital risk. Annual population growth of 0.95% and overseas migration adding 902 residents a year provide some demand support, though the investor case is limited compared to higher-yield suburbs.
How is Springvale's population changing?
The area population reached 24,023 in 2024, up 12.5% over the prior decade. Annual growth runs at about 0.95%, adding roughly 233 people per year. Overseas migration of 902 residents a year is the primary growth driver, partly offset by a net internal outflow of 508. Medium forecasts project 25,641 residents by 2031.
How much development is happening in Springvale?
There were 42 development applications lodged in the past 12 months, including dwelling houses, swimming pools and complying development certificates. With 100% of the existing stock being separate houses and 93% having 4 or more bedrooms, most activity appears focused on new builds and additions rather than density change.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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