Spring Mountain is a developing suburb with new house and land packages readily available on its range of ‘Springfield Rise’ residential estates. A mix of owner-occupiers as well as savvy investors both locally and interstate are currently buying into Spring Mountain.
Location
Spring Mountain is nestled in the heart of the Greater Springfield region, the largest master-planned residential development in the Southern Hemisphere. It is strategically located between Brisbane and Ipswich in South East Queensland’s Western Growth Corridor.
At just over 30 kilometres from the Brisbane CBD, it’s far enough to be away from the hustle and bustle, but close enough to be convenient. Neighbouring suburbs to Spring Mountain include Springfield Central, Springfield Lakes, Augustine Heights, Greenbank and the undeveloped, natural White Rock region.
Spring Mountain is part of South East Queensland’s Western Growth Corridor. This region has been formally identified for fast-tracking by the Queensland government to accommodate Brisbane’s rapidly expanding and sprawling population. The Western Growth Corridor’s population is forecast to double by 2030, and there are billions of dollars’ worth of infrastructure projects either under way or planned during that time.
Spring Mountain infrastructure and amenities
Spring Mountain has a diverse range of modern infrastructure and amenities, including:
- Easy access to the Centenary Highway (M5) for a 30-minute drive to the Brisbane CBD.
- The Spring Mountain Village shopping precinct, featuring a diverse range of retailers and service providers.
- The Spring Mountain State School, a co-educational primary school (prep to Year 6).
- Plenty of open and family-friendly parkland space, including the White Rock Spring Mountain Conservation Estate (great for hiking trails) and Mountain Park.
- Public transport facilities via a dedicated Translink bus route.
The neighbouring suburb of Springfield Central also has the major Orion Shopping Centre with over 80 retailers, major sporting complex, train station, public and private high school options, university campus and private hospital, with public hospital facilities due to be completed by the end of 2024.
Spring Mountain demographics
Spring Mountain’s current population was just over 6,000 at the last official count in the 2021 Census, however it has grown considerably since then due to the number of new estate developments. It’s popular with a younger demographic, including singles, partners and families. It’s also a multicultural area with lots of tradies. The median age of your typical Spring Mountain resident is about 30.
Many first home buyers see it as a stepping-stone area, and it’s also popular with rentvestors (first home buyers who invest in an affordable area and live elsewhere). The vast majority of new homes being built in Springfield Mountain are 3 and 4-bedroom houses. Both single and double-storey options are available.
Spring Mountain property trends
Significantly, Spring Mountain is still a very affordable property market, unlike many South East Queensland property markets. That makes it attractive and accessible for first home buyers, other owner-occupiers looking to move or downsize, and both local and interstate investors (including rentvestors).
The median price for a Spring Mountain home is currently about $767,000 for houses, compared to the mid-2024 Brisbane median house price of $937,479.
In terms of capital growth prospects, the Spring Mountain median house price has already surpassed the median prices in the more established neighbouring suburbs of Springfield ($765,000) and Springfield Lakes ($697,000).
The average rental yield for all Spring Mountain rental properties is currently 4.25%, but many of our savvy Purple Cow landlord clients in Spring Mountain are achieving both above-average rental yields and above-average capital growth.
Financial benefits for eligible Spring Mountain first home buyers
This Spring Mountain lower median house price is especially significant for first home buyers in terms of both the first home owner grant and stamp duty concessions. A first home owner grant of $30,000 is available for building a new home in a package valued at less than $750,000 before 30 June 2025. Many Spring Mountain house and land packages sold in the first half of 2024 were below that $750,000 figure.
In addition, Spring Mountain first home buyers are also eligible for stamp duty concessions on house and land packages valued at less than $800,000, potentially saving up to $24,525 in purchase costs.
How Purple Cow helps Spring Mountain real estate clients
If you are looking to build your dream home in one of Spring Mountain’s new residential estates, we can help you to turn your dream into reality.
Or if you are looking to invest by buying real estate in a booming area like Spring Mountain, we can help you to both source and manage your property to achieve an above-average ROI.
Or if you already have an investment property in Spring Mountain, we would love to manage it for you.
Market figures compiled by realestate.com.au verify that our Springfield property management team generates market rents that are an average of 11% higher for our landlord clients than competing agents, as well as 26% more tenant enquiries for our rental property listings. We do this via the superior services we provide to our landlord clients and tenants, including our 90-day pre-lease renewal process.
We can also help you if you’re looking to buy or sell your Spring Mountain property as an owner-occupier.
Contact us today to find out more.
