Springwood (NSW)

Springwood has shown very soft population growth performance across periods assessed by AreaSearch

As of Nov 2025, the population of the Springwood (NSW) statistical area (Lv2) is estimated at around 8,648 people. This represents an increase of 225 individuals since the 2021 Census, which reported a population of 8,423 people. The change was inferred from AreaSearch's estimation of the resident population at 8,556 following examination of the ABS's latest ERP data release in June 2024, along with an additional 35 validated new addresses since the Census date. This equates to a density ratio of 445 persons per square kilometer. The Springwood (NSW) SA2's population growth rate of 2.7% since the 2021 Census exceeded the SA3 area's growth rate of 1.6%, indicating it as a growth leader in the region. Overseas migration contributed approximately 97.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilises NSW State Government's SA2 level projections released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Based on projected demographic shifts, the area is expected to expand by 283 persons to 2041, reflecting an increase of 2.0% in total over the 17-year period.

AreaSearch assessment of residential development drivers sees a low level of activity in Springwood, placing the area among the bottom 25% of areas assessed nationally

AreaSearch analysis of ABS building approval numbers allocated from statistical area data shows Springwood averaged around 16 new dwelling approvals each year. Between FY-21 and FY-25, an estimated 84 homes were approved, with a further 5 approved in FY-26. This averages out to approximately 0.7 people moving to the area for each dwelling built over these years.

The average construction value of new properties is $451,000, which is moderately above regional levels. In FY-26, $14.4 million in commercial development approvals have been recorded. Comparing Springwood's construction activity per person to Greater Sydney and nationally, it shows comparable market stability but reflects possible development constraints due to lower activity levels. Detached dwellings make up 84.0% of new developments, with attached dwellings at 16.0%, maintaining the area's traditional low density character.

The estimated population per dwelling approval is 532 people. Future projections estimate Springwood will add 173 residents by 2041. Current construction levels should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.

Springwood has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Six projects are identified by AreaSearch as potentially impacting the area's performance: Woolworths Springwood Supermarket, Springwood District Library Redevelopment, Springwood Town Centre Rejuvenation, Rail Infrastructure Upgrades - Springwood Station.

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The labour market in Springwood shows considerable strength compared to most other Australian regions

Springwood's workforce is highly educated with significant representation in essential services sectors. The unemployment rate was 1.9% as of AreaSearch's statistical area data aggregation.

As of September 2025, 4334 residents were employed, with an unemployment rate of 2.3%, below Greater Sydney's rate of 4.2%. Workforce participation was lower at 56.1% compared to Greater Sydney's 60.0%. Key industries for employment among residents were education & training, health care & social assistance, and public administration & safety. Education & training had notably high concentration with employment levels at 2.1 times the regional average.

Professional & technical services had limited presence at 6.9% compared to the regional average of 11.5%. The area appeared to offer limited local employment opportunities based on Census working population vs resident population data. Over the 12 months to September 2025, labour force levels decreased by 4.2%, with employment decreasing by 3.7%, leading to a fall in unemployment rate of 0.5 percentage points. In comparison, Greater Sydney recorded employment growth of 2.1% and labour force growth of 2.4%, with unemployment rising by 0.2 percentage points. State-level data as of 25-Nov showed NSW employment contracted by 0.03% (losing 2260 jobs), with the state unemployment rate at 3.9%. This compared favourably to the national unemployment rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggested national employment would expand by 6.6% over five years and 13.7% over ten years, with varying growth rates between industry sectors. Applying these projections to Springwood's employment mix indicated local employment should increase by 6.7% over five years and 13.9% over ten years.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

AreaSearch released postcode level ATO data for financial year 2023. Springwood's median income among taxpayers was $55,012 and the average was $67,183. Nationally, the median is $59,404 and the average is $80,492. In Greater Sydney, the median is $60,817 and the average is $83,003. Based on Wage Price Index growth of 8.86% since financial year 2023, current estimates for Springwood would be approximately $59,886 (median) and $73,135 (average) as of September 2025. According to the 2021 Census, incomes in Springwood cluster around the 55th percentile nationally. The income bracket of $1,500 - 2,999 dominates with 31.0% of residents (2,680 people), similar to the metropolitan region where this cohort represents 30.9%. Housing costs consume 15.2% of income in Springwood, but strong earnings place disposable income at the 53rd percentile nationally. The area's SEIFA income ranking places it in the 7th decile.

Springwood is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

The dwelling structure in Springwood, as per the latest Census, consisted of 82.1% houses and 17.9% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Sydney metro had 92.3% houses and 7.7% other dwellings. Home ownership in Springwood was at 41.7%, similar to Sydney metro's level. The remaining dwellings were either mortgaged (39.9%) or rented (18.4%). The median monthly mortgage repayment in the area was $2,143, higher than Sydney metro's average of $2,033. The median weekly rent figure in Springwood was recorded at $400, equal to Sydney metro's figure of $400. Nationally, Springwood's mortgage repayments were significantly higher 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 account for 69.1% of all households, including 29.8% couples with children, 29.4% couples without children, and 9.5% single parent families. Non-family households make up the remaining 30.9%, with lone person households at 29.1% and group households comprising 1.8%. The median household size is 2.4 people, matching the Greater Sydney average.

Springwood shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Springwood has a notably high level of educational attainment among its residents aged 15 and above. Specifically, 35.6% hold university qualifications, which is higher than the broader SA4 region's 23.9% and Australia's 30.4%. This indicates a significant educational advantage for Springwood. The most common university qualification is bachelor degrees, held by 21.4% of residents in this age group, followed by postgraduate qualifications at 9.7%, and graduate diplomas at 4.5%.

Vocational credentials are also prevalent, with 36.2% of residents aged 15 and above holding such qualifications. Advanced diplomas account for 13.4%, while certificates make up 22.8% of these vocational credentials. Educational participation is notably high in Springwood, with 26.2% of residents currently enrolled in formal education. This includes 8.8% in primary education, 7.5% in secondary education, and 4.7% pursuing tertiary education.

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

Transport analysis indicates 106 active stops operating within Springwood. These include a mix of train and bus services. There are 92 individual routes servicing these stops, collectively providing 2,143 weekly passenger trips.

Transport accessibility is rated as good, with residents typically located 204 meters from the nearest stop. Service frequency averages 306 trips per day across all routes, equating to approximately 20 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, with common conditions prevalent across both younger and older age groups. Private health cover stands at approximately 54% (~4626 people), slightly higher than the average SA2 area but lower than Greater Sydney's 55.6%.

The most common conditions are arthritis (10.6%) and mental health issues (10.3%), while 60.3% report no medical ailments, compared to 64.1% in Greater Sydney. Springwood has a higher proportion of seniors aged 65 and over at 28.0% (2421 people), compared to Greater Sydney's 24.3%. Senior health outcomes align with the general population's profile.

Springwood ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Springwood's cultural diversity was found to be below average, with 82.6% of its population born in Australia, 93.3% being citizens, and 94.0% speaking English only at home. Christianity was the predominant religion in Springwood, comprising 53.4% of people. Notably, Judaism was overrepresented in Springwood compared to Greater Sydney, with 0.1% versus 0.2%.

The top three ancestry groups were English (30.6%), Australian (26.9%), and Irish (10.8%). Some ethnic groups showed notable divergences: Scottish was slightly overrepresented at 9.8%, Hungarian at 0.4%, and Polish at 1.0% compared to regional averages of 9.0%, 0.5%, and 0.9% respectively.

Springwood hosts an older demographic, ranking in the top quartile nationwide

Springwood's median age is 48 years, notably higher than Greater Sydney's average of 37 years and Australia's national average of 38 years. The age profile indicates that residents aged 65-74 are particularly prevalent at 12.8%, while those aged 25-34 comprise a smaller proportion at 6.6% compared to Greater Sydney. Between 2021 and the present, the 75-84 age group has increased from 8.2% to 9.7%, and the 15-24 cohort has risen from 10.0% to 11.1%. Conversely, the 25-34 age group has decreased from 7.9% to 6.6%. By 2041, significant demographic shifts are projected for Springwood. The 85+ cohort is expected to grow by 127%, adding 605 residents to reach a total of 1,081. Residents aged 65 and above will drive all population growth, reflecting the trend towards an aging population. Meanwhile, population declines are projected for those aged 45-54 and 55-64.