AUGUSTINE Heights and Springfield Lakes, two of our region’s most rapidly expanding suburbs over the past year, have captured the attention of both investors and owner-occupiers from all corners of the country.
These highly sought-after suburbs owe their popularity to a well-crafted marketing campaign aimed at promoting the Greater Springfield region’s development.
The area now features the best schools, abundant entertainment options, premium sporting facilities, and breathtaking natural beauty, such as the serene lakeside views of Springfield Lakes and the vast bushland that forms the foundation of Augustine Heights.
The limited availability of residential growth opportunities in the region has kept buyer interest extremely high for these suburbs, and the results continue to impress our local market.
WHAT’S TO COME?
The ongoing expansion of facilities and infrastructure in these two suburbs will undoubtedly enhance their central location.
With Education City, Health City, Idea City, and numerous other local projects in the pipeline, residents will have access to an array of amenities right at their doorstep.
It’s truly exciting to imagine what the future holds for our local community with such promising developments on the horizon.
Here are the statistics from the past 12 months:
AUGUSTINE HEIGHTS
TO BUY
Suburb Growth: 15.5%
Median House Price: $732,500
Average time on Market: 24 Days
TO RENT
Suburb Growth: 12.8%
Average Weekly Rent: $530 per week
Average time on Market: 21 Days
SPRINGFIELD LAKES
TO BUY
Suburb Growth: 15%
Median House Price: $650,000
Average time on Market: 23 Days
TO RENT
Suburb Growth: 20.0%
Average Weekly Rent: $540 per week
Average time on Market: 21 Days
