Question 1

Is Spring Hill a nice place to live?

Accepted Answer

Spring Hill is a semi-rural suburb on the outskirts of Orange, defined by rolling paddocks, orchards and lifestyle blocks rather than dense urban streets. Housing ranges from weatherboard farmhouses and newly built rural residences to established properties with room for livestock, gardens and sheds, so it attracts people after more space and a quieter pace while still working in or using the city's services. Country living and views towards Mount Canobolas are part of the area's character, with easy road access to Orange's shops, markets and Botanic Gardens.

About nine in ten homes are owner-occupied, with 51.8% owned with a mortgage and 38.8% owned outright. The community has 526 residents, a median age of 38 and a median household income of $1,971 a week, roughly $102,500 a year.

Family households are dominated by couple families with children, which make up 48.6% of families. Couple families without children account for 32.1%, while one-parent families represent 19.3%. Together the two couple categories comprise just over four in five families.

Homes in Spring Hill are overwhelmingly owner-occupied: about nine in ten are either mortgaged or owned outright, and around one in ten are rented (9.4%).

Question 2

Is it expensive to live in Spring Hill?

Accepted Answer

There haven't been enough recent sales or rentals in Spring Hill 2800 to publish reliable house or unit prices and rents. With only the Census household income available, a median of $1,971 a week at the most recent Census, it's not possible to say how expensive it is to live here compared with local incomes.

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

Question 3

Is Spring Hill a good place to invest?

Accepted Answer

There haven't been enough recent sales in Spring Hill, postcode 2800, to publish reliable figures on how house or unit prices and rents moved over the past year. Without that information, there isn't a clear picture of how the suburb has performed as an investment lately.

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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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