Springfield Lakes suburb profile
Springfield Lakes is a master-planned suburb located in the City of Ipswich, approximately 30km southwest of Brisbane's CBD. Known for its picturesque lakes, parks, and family-friendly environment, it offers a harmonious blend of nature and modern living. The suburb features a variety of housing options, from contemporary homes to townhouses, catering to diverse lifestyles. Springfield Lakes is well-equipped with amenities, including schools, shopping centres, and recreational facilities, making it an attractive choice for families and professionals. Its strong sense of community and convenient access to public transport and major highways enhance its appeal as a desirable residential destination.
Springfield Lakes property market performance
Current median dwelling price$791,125Past 3 months
Property growth+18.2%Past 12 months
Springfield Lakes has experienced a robust property market over the past 12 months, with house values increasing by 15.3%. The current median house price stands at approximately $1.01 million. Despite limited unit sales, unit values have surged by 21%, although the median unit price is not available due to low sales volume.
Sales activity has been strong for houses, with 92 sold in the past year, and they are moving quickly with a median of just 14 days on the market. In contrast, unit sales have been minimal, with only 3 units sold, reflecting limited availability or demand.
The rental market in Springfield Lakes has seen moderate growth, with house rents increasing by 4.8% to an average of $650 per week. Unit rents have remained stable over the last 12 months, averaging $610 per week, indicating steady demand in the rental sector.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $1M | N/A |
Change in value Past 12 months | 15.3% | 21.0% |
Sold Past 3 months | 92 | 3 |
Median days on market Past 12 months | 14 | N/A |
Average rent Past 12 months | $650 | $610 |
Change in rent Past 12 months | 4.8% | N/A |
5 year median price trend for houses and units
Springfield Lakes demographics
Springfield Lakes, located in the rapidly growing region of Greater Springfield in Queensland, is a vibrant and family-friendly suburb. Known for its picturesque lakes and abundant green spaces, it offers a serene yet connected lifestyle. The suburb's median age of 31 reflects a youthful and dynamic community, with many young families attracted to its modern amenities and family-oriented environment.
The suburb is characterized by a high proportion of couple families with children, making up 54.7% of the population. This highlights Springfield Lakes as a popular choice for families seeking a supportive community with excellent schools, parks, and recreational facilities. Additionally, 25.7% of households are couple families without children, indicating a diverse demographic that includes young professionals and empty nesters.
Housing in Springfield Lakes is predominantly owner-occupied, with 45.9% of properties owned with a mortgage, reflecting the suburb's appeal to first-time homebuyers and growing families. The rental market is also significant, with 43.7% of properties rented, providing options for those seeking flexibility. The suburb's well-planned infrastructure, including shopping centers, healthcare facilities, and public transport links, enhances its appeal as a desirable place to live.
Springfield Lakes infrastructure, key developments and investment opportunities
Springfield Lakes continues to benefit from its integration within the broader Greater Springfield masterplanned area, with ongoing investment around Springfield Central in health, education and retail supporting local amenity and employment. The established Orion Springfield Centre, nearby Mater health facilities and the University of Southern Queensland campus provide a strong hub for shopping, healthcare and tertiary education, which underpins demand from families and professionals.[1] Recent enhancements to parklands, lakeside walking trails and community recreation spaces maintain the suburb’s appeal for outdoor lifestyles and family living.[1][4]
Transport connectivity remains a key strength, with Springfield Central train station and Centenary Highway access offering relatively direct links to major employment centres, supporting both owner-occupier and investor interest.[1] A good mix of government and independent schools in and around Springfield Lakes, including Springfield Lakes State School and nearby Catholic and private options, continues to draw young families seeking strong education pathways.[3] Overall, the combination of growing services in the Greater Springfield precinct, upgraded community infrastructure and solid transport links is likely to sustain property demand and support long-term value in Springfield Lakes.
Springfield Lakes rental market trends
The rental market in Springfield Lakes has experienced modest growth, with house rents increasing by 4.8% over the past year to $650 per week, while unit rents have remained stable at $610 per week. This stability, combined with the suburb's family-friendly environment and expanding amenities, makes Springfield Lakes an attractive option for both renters and investors seeking steady returns.
Suburbs near Springfield Lakes
Some popular suburbs near Springfield Lakes include:
How does Springfield Lakes compare to nearby suburbs?
- Median house prices: Springfield Lakes’s median house price is 3.6% higher than Springfield’s.
- House price growth: Property prices in nearby Springfield have risen 3.4% more than in Springfield Lakes over the past year.
- Unit price growth: Over the past 12 months, unit prices in Springfield Lakes have grown 3.5% higher than in Springfield.
- Selling speed for houses: Properties in Springfield Lakes are selling 6.7% faster than in Springfield.

