Springwood

Springwood has seen population growth performance typically on par with national averages when looking at short and medium term trends

Springwood's population was approximately 10,372 as of May 2026. This figure represents an increase of 530 people since the 2021 Census, which reported a population of 9,842. The change is inferred from the estimated resident population of 10,328 in June 2025 and an additional 42 validated new addresses since the Census date. This results in a population density ratio of 1,686 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Over the past decade, Springwood has shown resilient growth patterns with a compound annual growth rate of 0.9%, outperforming its SA3 area. Population growth was primarily driven by overseas migration.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered and years post-2032, Queensland State Government's SA2 area projections are used, released in 2023 based on 2021 data. However, these state projections do not provide age category splits, so AreaSearch applies proportional growth weightings in line with ABS Greater Capital Region projections for each age cohort, released in 2023 based on 2022 data. Future population trends suggest an increase just below the median of national areas, with the area expected to expand by 962 persons to 2041 based on the latest annual ERP population numbers, reflecting an overall increase of 8.8% over the 16 years.

Residential development activity is lower than average in Springwood according to AreaSearch's national comparison of local real estate markets

Springwood has received approximately 19 dwelling approvals per year over the past five financial years, totalling 96 homes. As of FY26, 5 approvals have been recorded. On average, 3.7 new residents arrive annually for each dwelling constructed between FY21 and FY25. This supply lagging demand results in heightened buyer competition and pricing pressures, with new homes valued at an average of $461,000, indicating a focus on premium properties.

In FY26, $28.2 million in commercial approvals have been registered, showing moderate commercial development levels. Compared to Greater Brisbane, Springwood has around two-thirds the rate of new dwelling approvals per person and ranks among the 27th percentile nationally, suggesting constrained buyer choice and interest in existing homes. Recent construction comprises 28.0% standalone homes and 72.0% townhouses or apartments, reflecting a shift towards denser development to cater to downsizers, investors, and entry-level buyers. This trend indicates decreasing availability of developable sites and changing lifestyles requiring diverse housing options. With approximately 648 people per dwelling approval, Springwood is a highly mature market. Future projections estimate an addition of 918 residents by 2041, potentially leading to increased buyer competition and price support if current development rates do not keep pace with population growth.

Future projections show Springwood adding 918 residents by 2041 (from the latest AreaSearch quarterly estimate). At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

Springwood has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Thirty-three projects have been identified by AreaSearch as potentially impacting the area. Key projects include Springwood Library and Community Hub, Logan River Flood Mitigation Project, Starbucks Drive-Through Cafe Springwood, and Springwood Park Masterplan Implementation - Stage 2.

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Employment conditions in Springwood demonstrate strong performance, ranking among the top 35% of areas assessed nationally

Springwood has a skilled workforce with essential services sectors well represented. Its unemployment rate is 2.3%. As of December 2025, 5,540 residents are employed, with an unemployment rate of 1.9% below Greater Brisbane's rate of 4.1%.

Workforce participation in Springwood is 67.3%, compared to Greater Brisbane's 69.6%. According to Census responses, 17.2% of residents work from home. Dominant employment sectors include health care & social assistance, education & training, and construction. Construction has notable concentration with employment levels at 1.2 times the regional average.

Professional & technical services are under-represented at 7.0%, compared to Greater Brisbane's 8.9%. The worker-to-resident ratio is 0.6, indicating local employment opportunities above the norm. Between December 2024 and December 2025, Springwood's labour force decreased by 1.7% and employment declined by 1.7%, with unemployment remaining essentially unchanged. In contrast, Greater Brisbane experienced employment growth of 3.2% and labour force growth of 3.0%. National employment forecasts from May-25 suggest national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Springwood's employment mix indicates local employment should increase by 6.4% over five years and 13.3% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2023 shows that Springwood SA2 has incomes above the national average. The median income is $60,537 and the average is $71,278. In contrast, Greater Brisbane has a median income of $58,236 and an average of $72,799. Based on Wage Price Index growth of 11.36% since financial year 2023, current estimates for Springwood are approximately $67,414 (median) and $79,375 (average) as of March 2026. According to the 2021 Census, incomes in Springwood rank modestly, between the 46th and 48th percentiles for household, family, and personal incomes. The earnings profile shows that 35.0% of the population (3,630 individuals) fall within the $1,500 - $2,999 income range, similar to surrounding regions where 33.3% occupy this range. Housing affordability pressures are severe in Springwood, with only 84.1% of income remaining, ranking at the 49th percentile. The area's SEIFA income ranking places it in the 6th decile.

Springwood is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

The dwelling structure in Springwood, as evaluated at the latest Census, consisted of 71.8% houses and 28.3% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Brisbane metro's 73.5% houses and 26.5% other dwellings. Home ownership in Springwood stood at 30.0%, with the rest either mortgaged (39.8%) or rented (30.2%). The median monthly mortgage repayment was $1,733, below Brisbane metro's average of $1,863. The median weekly rent figure was recorded at $380, matching Brisbane metro's figure. Nationally, Springwood's mortgage repayments were lower than the Australian average of $1,863, while rents exceeded the national figure of $375.

Springwood has a typical household mix, with a fairly typical median household size

Family households comprise 72.7% of all households, including 31.4% couples with children, 27.3% couples without children, and 13.0% single parent families. Non-family households constitute the remaining 27.3%, with lone person households at 24.7% and group households making up 2.6%. The median household size is 2.6 people, which aligns with the Greater Brisbane average.

Educational attainment in Springwood aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's educational profile is notable regionally, with university qualification rates at 25.4% among residents aged 15+, surpassing the SA4 region average of 16.2%. Bachelor degrees are most common at 17.9%, followed by postgraduate qualifications (5.0%) and graduate diplomas (2.5%). Vocational credentials are prominent, with 36.6% of residents aged 15+ holding them – advanced diplomas comprise 11.7% and certificates make up 24.9%.

Educational participation is high at 27.2%, including 9.1% in primary education, 7.8% in secondary education, and 5.0% pursuing tertiary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Springwood has 48 active public transport stops, all of which are bus stops. These stops are served by 17 different routes that together facilitate 2,597 weekly passenger trips. The average distance from residents' homes to the nearest transport stop is 233 meters, indicating good transport accessibility. Most residents commute outwards due to Springwood's residential nature. Cars remain the dominant mode of transportation, used by 89% of residents, while only 6% use buses. On average, there are 1.5 vehicles per dwelling in Springwood.

According to the 2021 Census, 17.2% of residents work from home, potentially due to COVID-19 conditions. Across all routes, service frequency averages 371 trips per day, which equates to approximately 54 weekly trips per individual stop.

Health performance in Springwood is well below average with prevalence of common health conditions notable across both younger and older age cohorts

Springwood faces significant health challenges, according to AreaSearch's assessment.

The prevalence of common health conditions is notable across both younger and older age cohorts. Approximately 54% (~5,611 people) have private health cover, a rate found to be fairly high. Mental health issues and arthritis are the most common medical conditions in the area, impacting 8.5 and 8.1% of residents respectively. Around 68.0% declare themselves completely clear of medical ailments, compared to 69.2% across Greater Brisbane. Health outcomes among the working-age population are broadly typical. The area has 19.7% of residents aged 65 and over (2,039 people), higher than Greater Brisbane's 15.1%. Health outcomes among seniors present some challenges, with national rankings even higher than the general population.

The level of cultural diversity witnessed in Springwood was found to be above average when compared nationally for a number of language and cultural background related metrics

Springwood's population was found to be more linguistically diverse than most local markets, with 17.5% speaking a language other than English at home as of 2016. In terms of birthplace, 31.9% were born overseas by the same year. Christianity was the predominant religion in Springwood, comprising 53.4% of its population.

However, the category 'Other' showed an overrepresentation in Springwood at 1.4%, compared to 1.3% across Greater Brisbane as of 2016. Regarding ancestry, the top three groups were English (26.6%), Australian (22.3%), and Other (9.5%). Notably, New Zealanders made up 1.7% of Springwood's population compared to 1.0% regionally, Maori comprised 2.2% versus 1.1%, and Koreans constituted 1.3% against 0.5%.

Springwood's population is slightly older than the national pattern

The median age in Springwood is 40 years, which is higher than Greater Brisbane's average of 36 years and modestly exceeds the national average of 38 years. Compared to Greater Brisbane, the 75-84 age cohort is notably over-represented in Springwood at 7.7%, while the 25-34 year-olds are under-represented at 12.4%. Post-2021 Census data shows that the 75 to 84 age group grew from 6.0% to 7.7% of the population, and the 15 to 24 cohort increased from 11.1% to 12.5%. Conversely, the 65 to 74 cohort declined from 11.6% to 9.6%, and the 25 to 34 group dropped from 13.4% to 12.4%. Population forecasts for 2041 indicate substantial demographic changes in Springwood. Leading this shift, the 75 to 84 age group is expected to grow by 42% (333 people), reaching 1,132 from 798. Residents aged 65 and older are anticipated to represent 59% of the population growth. Conversely, the 5 to 14 and 0 to 4 age cohorts are expected to experience population declines.