Get a property report and suburb profile for any property in Spring Farm

Spring Farm is a residential suburb on Sydney’s Macarthur fringe dominated by modern housing estates of freestanding family homes and some townhouses, set on wide streets with modest yards. The community is relatively young, with a median age of 30, and is weighted towards families — couple families with children are the largest group — while most homes are owner-occupied (73.7% owned outright or with a mortgage). The area attracts growing families and local professionals who value parks, playgrounds, community sporting fields and nearby walking trails, and Mount Annan Botanic Garden is a notable neighbour.

Everyday needs are served by local shops and larger centres in neighbouring towns, and road links connect residents to the wider Macarthur area and regional rail hubs. Transport work has delivered a new stage of the Spring Farm Parkway with an interchange and shared path, there are new permanent bus services improving connections to Campbelltown, Oran Park, Leppington and the airport, and a local roundabout and shared pathway works have been completed. Whether Spring Farm suits you comes down to what you want from a suburb.

For Spring Farm, buying a house sits well above local incomes at the last Census. The median house price of $1,186,500 is about 9.5 times a typical local household's annual income at the last Census (median weekly household income $2,403, or $124,956 a year).

Renting looks less stretched than buying for many households. A house rent of $750 a week would take about 31.2% of a typical local household's weekly income at the last Census, roughly a third and a sizeable share, while a unit rent of $475 a week would take about 19.8% of that weekly income, about a fifth and a modest share. If you are renting rather than buying, those rent shares are the figures that matter to you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months in Spring Farm, house values rose a solid 9.5% while house rents increased a more modest 4.2%. For the house market that means the price change was the stronger movement this year, so capital growth outpaced rental growth on houses.

Unit rents climbed 5.6% over the year, a solid rise and faster than the increase in house rents. If rental income is what matters most to you, the rent figures are the ones to focus on; if capital growth is your goal, the house value change is the more relevant number. Whether that pattern makes Spring Farm the right investment for you depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.