All About Springfield, Dorset, TAS, 7260

Springfield in Dorset, Tasmania, is a serene rural locality that offers a tranquil lifestyle away from the hustle and bustle of urban centers. The housing market here reflects the region’s quiet and picturesque environment, with many properties being large rural homes and farms. Prices tend to be more affordable compared to metropolitan areas, attracting those looking for a slower-paced lifestyle. The area's natural beauty and open spaces make it an ideal place for families, retirees, and anyone seeking a peaceful rural retreat. The available properties often feature extensive land, providing opportunities for agriculture and hobby farming, which is ideal for those looking to pursue a more self-sustained lifestyle.

Living in Springfield, residents enjoy the benefits of a close-knit community and a laid-back rural atmosphere. Social life in the area often revolves around community events, local gatherings, and the natural surroundings, fostering a strong sense of belonging. The locality offers a perfect blend of solitude and community, with ample opportunities for outdoor activities such as hiking, fishing, and exploring the lush countryside. Despite its rural setting, Springfield is not too far from larger towns where additional amenities, shops, and services can be found. This makes it an excellent choice for those who appreciate nature and community, while remaining within reach of necessary conveniences.

Springfield Real Estate Market Outlook

Thinking about buying in Springfield? Now could not be a better time, with just 115 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $509,000 with prices in this suburb ranging from $138,000 to $1,799,000. The aproximate distance to the coast is 20 Km.

Consistent high demand relative to supply is a key feature in Springfield driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Springfield ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Springfield classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Springfield requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!