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Suburb Insights ยท VIC 3444

Spring Hill 3444, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Spring Hill is a regional centre in Victoria, Australia, with a population of approximately 200, making it a boutique locality. Located approximately 79 km from the Melbourne CBD, Spring Hill is a regional area in Victoria. The median household income is $107,900 AUD per year (ABS 2021 Census).

Investment Score

47 / 100 Moderate

Strong household incomes in Spring Hill underpin solid property demand. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Spring Hill, Victoria, Australia.

Key Indicators

Postcode
3444

Official Australia Post postcode for Spring Hill. A postcode may cover multiple suburbs.

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Population
200

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$350/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$107,900/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
79 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,052/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
83% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Spring Hill serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $350/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,052/month. A median household income of $107,900/year supports premium property values and indicates a well-employed resident base. 83% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Spring Hill could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in Spring Hill are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Renovation or flip strategies in Spring Hill face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Spring Hill property

Full Property Analysis

30-year projections for Spring Hill

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Spring Hill may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Spring Hill may face longer tenant search times; competitive pricing will be important. Investor sentiment toward Spring Hill is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Spring Hill a good suburb for investment?

Spring Hill is a regional area in Victoria with a population of 200. The median rent is $350/week and the median household income is $107,900/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Spring Hill?

Key demand drivers in Spring Hill include regional employment hubs, lifestyle, and affordability. 83% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Spring Hill?

According to the ABS 2021 Census, Spring Hill has a population of approximately 200. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Spring Hill from the Melbourne CBD?

Spring Hill is approximately 79 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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