Median priceⓘLast 12 months
507kk
↑ +50.0% YoY
Spring Gully, VIC 3550
Property data updated ·3,092 residents
Last 12 months snapshot
72 sales · 52 leases · Refreshed July 2026
Spring Gully property market
Most of Spring Gully's activity is house sales, with 56 sales at around $701k (up) as of July 2026, taking about 23 days to sell (down from 30 days last year), with 3-bedroom and 4-bedroom about even at around 45% each.
House rentals are next, with 34 leases at $530 a week (up), renting out in about 21 days (up from 17 days last year), mostly 3-bedroom (around two-thirds). Then come 18 unit rentals at $465 a week and 16 unit sales at around $591k.
Middle-incomeOlder communityMostly owners
Who lives hereA middle-income, mostly owner-occupied, older-leaning suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Census · ABS 2021
Spring Gully demographics & population
Population
3,092
Median age
45yrs
Avg household
2.3people
Male · Female
47% · 53%
Owner-occupied
50%
Renting
50%
Lone person
50%
Couples, no kids
50%
Born overseas
50%
Year 12+ⓘ
50%
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Census · ABS 2021
Who lives in Spring Gully?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Age & sex1,556 residentsMaleFemale
Share of all residents by 5-year band · hover a band for the count + split
Life stage
50%
50%
50%
50%
50%
50%
Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%
Household composition
50%
50%
50%
50%
50%
Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%
1.3 people / household0.5 persons / bedroom50% are 5+ person
Household sizepersons per dwelling
50%1
50%2
50%3
50%4
50%5
50%6+
Cultural make-upshare of residents · diversity = odds two differ
Born overseasⓘResidents born outside Australia, as a share of those who stated a birthplace.50%
Other language at homeⓘResidents who mainly speak a language other than English at home — counts the language used, not how well English is spoken.50%
Limited EnglishⓘResidents who speak English “not well” or “not at all”. A language-barrier measure, not bilingualism — many who speak another language at home still speak English well.50%
Both parents overseasⓘResidents whose mother and father were both born overseas — the Australian-born-to-migrants “second generation”, distinct from being born overseas yourself.50%
Australian citizensⓘResidents who are Australian citizens — both Australian-born and people who have since naturalised.50%
Birthplace diversity8%
Chance two random residents were born in different countries
Language diversity6%
Chance two random residents speak different languages at home
Religious diversity28%
Chance two random residents follow different religions
Where residents were borntop birthplaces
Afghanistan50%
Australia50%
Bangladesh50%
Bosnia & Herzegovina50%
Brazil50%
Cambodia50%
Canada50%
Chile50%
Languages at hometop languages
English only50%
Afrikaans50%
Arabic50%
Australian Indigenous50%
Cantonese50%
Mandarin50%
Other Chinese50%
Croatian50%
Ancestry% reporting · multi-response
Australian50%
Aboriginal/Torres Strait Islander50%
Chinese50%
Croatian50%
Dutch50%
English50%
Faith & belieftap Christianity
No religion50%
▸Christianity50%
Islam50%
Buddhism50%
Hinduism50%
Judaism50%
Other religions50%
Family originsparents’ birthplace
50%
50%
50%
Both parents overseas50%One parent overseas50%Both parents in Australia50%
A strongly multicultural community with deep migrant heritage.
When migrants arrivedshare of overseas-born
Before 198150%
1981-200050%
2001-201050%
2011-201550%
2016-202150%
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Census · ABS 2021
Housing & affordability in Spring Gully
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Affordability at a glance
LowMedianHighPercentile
Median weekly rentⓘMiddle weekly rent paid by renting households.Bottom 28%Median weekly rent · $249/wk — below average: in the bottom 28%, lower rent than 72% of Aussie suburbs.
Median monthly mortgageⓘMiddle monthly mortgage repayment among households with a mortgage.Bottom 20%Median monthly mortgage · $1,091/mo — well below average: in the bottom 20%, lower mortgages than 80% of Aussie suburbs.
Rent stress (rent ÷ income)ⓘMedian weekly rent as a share of median weekly household income — a rough rental-affordability gauge. Higher = rent takes a bigger bite.Top 50%Rent stress · 50% — typical: right around the median for Aussie suburbs.
Mortgage stress (repay ÷ income)ⓘMedian mortgage repayment (converted to weekly) as a share of median weekly household income. Higher = repayments take a bigger bite.Top 50%Mortgage stress · 50% — typical: right around the median for Aussie suburbs.
High mortgage (≥$3k/mo)ⓘMortgaged households repaying $3,000 or more per month.Top 50%High mortgage · 50% — typical: right around the median for Aussie suburbs.
Social housingⓘHouseholds renting from a state housing authority or community housing provider.Top 50%Social housing · 50% — typical: right around the median for Aussie suburbs.
Unoccupied on census nightⓘDwellings recorded as unoccupied on Census night — holiday homes, between-tenant rentals, etc.Top 50%Unoccupied on census night · 50% — typical: right around the median for Aussie suburbs.
Large dwellings (4+ bed)ⓘOccupied dwellings with 4 or more bedrooms.Top 50%Large dwellings · 50% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Bedrooms per dwellingshare of dwellings
50%0
50%1
50%2
50%3
50%4
50%5
50%6+
Who owns vs rentsoccupied dwellings
50%
50%
50%
50%
Owned outright50%Mortgage50%Renting50%Other50%
What’s built heredwelling types
50%
50%
50%
50%
House50%Townhouse50%Apartment50%Other50%
50% separate houses50% apartments50% high-rise
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Census · ABS 2021
Income & employment in Spring Gully
Incomes, employment, and the occupation mix of the people who live here.
Income & work at a glance
LowMedianHighPercentile
Median personal incomeⓘMiddle weekly income of individuals aged 15+.Bottom 34%Median personal income · $706/wk — below average: in the bottom 34%, lower personal income than 66% of Aussie suburbs.
Median family incomeⓘMiddle weekly income of families.Bottom 32%Median family income · $1,122/wk — below average: in the bottom 32%, lower family income than 68% of Aussie suburbs.
Managers & professionalsⓘEmployed residents who work as managers or professionals.Top 50%Managers & professionals · 50% — typical: right around the median for Aussie suburbs.
High earners (≥$2k/wk)ⓘResidents earning $2,000 or more per week.Top 50%High earners · 50% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Occupations
LowMedianHighPercentile
Managers & professionalsⓘEmployed residents who work as managers or professionals.Top 50%Managers & professionals · 50% — typical: right around the median for Aussie suburbs.
Clerical & adminⓘEmployed residents in clerical and administrative jobs.Top 50%Clerical & admin · 50% — typical: right around the median for Aussie suburbs.
Community & personal serviceⓘEmployed residents in community and personal-service jobs — care, hospitality, security and similar.Top 50%Community & personal service · 50% — typical: right around the median for Aussie suburbs.
Sales workersⓘEmployed residents in sales jobs.Top 50%Sales workers · 50% — typical: right around the median for Aussie suburbs.
Technicians, trades & labourersⓘEmployed residents in technical/trade, machinery-operating and labouring jobs.Top 50%Technicians, trades & labourers · 50% — typical: right around the median for Aussie suburbs.
Household incomeheight = share of households · weekly
Personal incomeheight = share of residents 15+ · weekly
A typical household earns about 1.4× the typical individual here.
Labour forceemployment status · residents 15+
50%
50%
50%
50%
50%
Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%
LowMedianHighPercentile
Full-time workersⓘResidents in the labour force who are employed full-time.Top 50%Full-time workers · 50% — typical: right around the median for Aussie suburbs.
Part-time workersⓘEmployed residents working part-time, of all employed.Top 50%Part-time workers · 50% — typical: right around the median for Aussie suburbs.
Unemployment rateⓘShare of the labour force (people working or actively looking) who are unemployed — not a share of all residents.Top 50%Unemployment rate · 50% — typical: right around the median for Aussie suburbs.
Not in labour forceⓘResidents 15+ neither working nor looking for work — retirees, students, carers.Top 50%Not in labour force · 50% — typical: right around the median for Aussie suburbs.
Labour-force participationⓘResidents 15+ who are in the labour force — working or looking for work.Top 50%Labour-force participation · 50% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Census · ABS 2021
Getting around Spring Gully
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Transport at a glance
LowMedianHighPercentile
Public transport to workⓘCommuters who travelled to work by train, bus, ferry or tram, of those who travelled.Top 50%Public transport to work · 50% — typical: right around the median for Aussie suburbs.
Walked or cycled to workⓘCommuters who walked or cycled to work, of those who travelled.Top 50%Walked or cycled to work · 50% — typical: right around the median for Aussie suburbs.
Worked from homeⓘEmployed residents who worked from home in the Census week — elevated by COVID in 2021.Top 50%Worked from home · 50% — typical: right around the median for Aussie suburbs.
No motor vehicleⓘHouseholds with no motor vehicle.Top 50%No motor vehicle · 50% — typical: right around the median for Aussie suburbs.
Vehicles per dwellingⓘAverage number of motor vehicles per household.Bottom 14%Vehicles per dwelling · 1.00 — well below average: in the bottom 14%, fewer vehicles per home than 86% of Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Journey to workamong commuters · top modes
Car (driver)50%
Car (passenger)50%
Train50%
Bus50%
Tram/light rail50%
Ferry50%
Walked50%
Vehicles per dwellingshare of households
50%0
50%1
50%2
50%3
50%4+
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Spring Gully
No school inside Spring Gully itself — the closest options around it are shown. Families can choose from 35 primary schools in Spring Gully and its surrounds, and 10 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
Within Spring Gully0schools in the suburb itself
Primary schools35within 5 km · nearest 3.7 km
Secondary schools10within 5 km · nearest 3.7 km
Median ICSEA rank50thenrolment-weighted
What is ICSEA Rank?
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
Nearby within44 schools
- Nearby · within 5 km · 44Order by
- 1Victory Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Strathdale · 3.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students393Multilingual50%ICSEA Rank50th
- 2Creek Street Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Bendigo · 3.7 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students393Multilingual50%ICSEA Rank50th
- 3Girton Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Bendigo · 3.7 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students393Multilingual50%ICSEA Rank50th
- 4Quarry Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Quarry Hill · 3.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students393Multilingual50%ICSEA Rank50th
- 5St Therese's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kennington · 3.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students393Multilingual50%ICSEA Rank50th
- 6Strathfieldsaye Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Strathfieldsaye · 3.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students393Multilingual50%ICSEA Rank50th
- 7St Francis of the Fields SchoolCatholic · Primary · Co-ed · Years Prep-6 · Strathfieldsaye · 3.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students393Multilingual50%ICSEA Rank50th
- 8Maiden Gully Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Maiden Gully · 3.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students393Multilingual50%ICSEA Rank50th
- 9Lockwood South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lockwood South · 3.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students393Multilingual50%ICSEA Rank50th
- 10Spring Gully Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bendigo · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 11Bendigo South East 7-10 Secondary CollegeGovernment · Secondary · Co-ed · Years 7-10 · Bendigo · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 12St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Quarry Hill · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 13Kennington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kennington · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 14St Monica's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kangaroo Flat · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 15Golden Square Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Golden Square · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 16Bendigo Special Developmental SchoolGovernment · Special · Co-ed · Years U · Kangaroo Flat · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 17DOXA School BendigoCatholic · Special · Co-ed · Years 8-12 · Bendigo · 3.7 kmState Rank—English—Maths—Students393Multilingual1%ICSEA Rank50th
- 18Camp Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bendigo · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 19Crusoe 7-10 Secondary CollegeGovernment · Secondary · Co-ed · Years 7-10 · Kangaroo Flat · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 20Bendigo Senior Secondary CollegeGovernment · Secondary · Co-ed · Years 10-12 · Bendigo · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 21Kangaroo Flat Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kangaroo Flat · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 22St Kilian's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Bendigo · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 23Bendigo Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bendigo · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 24Catherine McAuley CollegeCatholic · Secondary · Co-ed · Years 7-12 · Bendigo · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 25Big Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Big Hill · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 26Specimen Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Golden Square · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 27St Peter's SchoolCatholic · Primary · Co-ed · Years Prep-6 · North Bendigo · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 28Weeroona College BendigoGovernment · Secondary · Co-ed · Years 7-12 · Bendigo · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 29Kalianna SchoolGovernment · Special · Co-ed · Years U · Bendigo · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 30Lightning Reef Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bendigo · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 31White Hills Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · White Hills · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 32California Gully Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · California Gully · 3.7 kmState Rank—English—Maths—Students393Multilingual1%ICSEA Rank50th
- 33Holy Rosary SchoolCatholic · Primary · Co-ed · Years Prep-6 · White Hills · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 34St Liborius' SchoolCatholic · Primary · Co-ed · Years Prep-6 · Eaglehawk · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 35Eaglehawk Secondary CollegeGovernment · Secondary · Co-ed · Years 7-10 · Eaglehawk · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 36Eaglehawk Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Eaglehawk · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 37Marist College BendigoCatholic · Combined · Co-ed · Years Prep-12 · Maiden Gully · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 38Eppalock Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Axe Creek · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 39Epsom Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Epsom · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 40Eaglehawk North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Eaglehawk · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 41Lockwood Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lockwood · 3.7 kmState Rank—English—Maths—Students393Multilingual1%ICSEA Rank50th
- 42Marong Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Marong · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 43Huntly Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Huntly · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
- 44Axedale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Axedale · 3.7 kmState Rank—English—Maths—Students393Multilingual50%ICSEA Rank50th
GovernmentCatholicIndependent
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Census · ABS 2021
Turnover
How settled or transient the community is — and where newcomers came from.
Settledness at a glance
LowMedianHighPercentile
Settled 5+ yearsⓘResidents living at the same address as five years ago — how settled the community is.Top 50%Settled 5+ years · 50% — typical: right around the median for Aussie suburbs.
Moved in past yearⓘResidents living at a different address one year earlier.Top 50%Moved in past year · 50% — typical: right around the median for Aussie suburbs.
Arrived from overseas (5 yr)ⓘResidents who arrived in Australia from overseas within the past five years.Top 50%Arrived from overseas · 50% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Where residents lived 5 years agoof those who stated
50%
50%
50%
50%
Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%
Residential paceshare of residents
Moved in the past yearⓘResidents living at a different address one year earlier.50%
Moved in the past 5 yearsⓘResidents not living at the same address as five years ago.50%
Arrived from overseas (5 yr)ⓘResidents who arrived in Australia from overseas within the past five years.50%
Property market
Market snapshot
Spring Gully median house price & rent
Headline price, rent, yield and time on market for Spring Gully — choose a property type and size below.
Active segment
Houses
Units
Days on marketⓘLast 12 months
18
↑ 34 days YoY
SoldⓘLast 12 months
11
↑ +50.0% YoY
Months of supplyⓘLast 12 months
4.0mo
Median rentⓘLast 12 months
$349/w
↑ +50.0% YoY
Days to leaseⓘLast 12 months
10
↓ 2 days YoY
LeasedⓘLast 12 months
9
↑ +50.0% YoY
Gross yieldⓘLast 12 months
3.45%
Annualised
Data confidenceSales sample14GoodLease sample7Good
Segment breakdown
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Demand percentile 0–100 · last 12 months12-mo change
Sales
Rental
Demand
Segment
Sold
Price
DOM
Leased
Rent
DOM
Yield
SalesRent
01
Houses · 2 bed14 sales · 7 leases
Sold11▲+50.0%
Price—
Sales DOM—
Leased9+0.5%
Rent—
Rental DOM—
—
Sales—
Rent—
02
Houses · 3 bed14 sales · 7 leases
Sold11+0.5%
Price—
Sales DOM—
Leased9▲+50.0%
Rent—
Rental DOM—
—
Sales—
Rent—
03
Houses · 4 bed14 sales · 7 leases
Sold11▲+50.0%
Price—
Sales DOM—
Leased9▲+50.0%
Rent—
Rental DOM—
—
Sales—
Rent—
04
Units · 2 bed14 sales · 7 leases
Sold11▲+50.0%
Price—
Sales DOM—
Leased9+0.5%
Rent—
Rental DOM—
—
Sales—
Rent—
05
Units · 3 bed14 sales · 7 leases
Sold11+0.5%
Price—
Sales DOM—
Leased9▲+50.0%
Rent—
Rental DOM—
—
Sales—
Rent—
06
Units · 1 bed14 sales · 7 leases
Sold—
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
All houses
Sold11▲+50.0%
Price—
Sales DOM—
Leased9▲+50.0%
Rent—
Rental DOM—
—
Sales—
Rent—
All units
Sold11▲+50.0%
Price—
Sales DOM—
Leased9▲+50.0%
Rent—
Rental DOM—
—
Sales—
Rent—
Where each segment ranks
Spring Gully property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Metric
Ranked against
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
3/3above median
02550 · MEDIAN75100
Percentile vs VIC
Value
Units
1/2above median
02550 · MEDIAN75100
Percentile vs VIC
Value
The buy-versus-rent equation
Buying vs renting in Spring Gully
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
Property
Compare to
Houses · 3 bed: +50%
Houses · Total: +50%
Units · Total: +50%
VIC MEDIAN · +36%
Rent covers itRenting matches or beats the cost of owning−10% to 0%
BalancedMortgage roughly matches asking rent+30% to +60%
Far pricier to ownBuying costs much more than renting+100% to +130%+
BreakdownLast 12 months
Holding cost
Mortgage
Rent
Premium
Band
Assumes 80% LVR·6.0% rate·30y P&I
Premium = (weekly mortgage − weekly rent) ÷ weekly rent. Band thresholds are national breakpoints across ~11,400 eligible Australian segments — the Typical premium band spans national P25 to P75, so it’s literally what’s typical.
Market data
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Side
View
Property
Bedrooms
Radius
Compared against
Sales market velocity
3 nearby suburbs · 10km · Total house · sales
risingfalling
DOM change YoYis demand rising or falling?
median
median
Recoveryweak but rising
Boomstrong and rising
Troughweak and falling
Peakstrong but easing
Nearby suburb
Demand index
65 / 100vs VIC
Days on market
19 days▲ +2 days YoY
Median price
$425k▲ +10.0% YoY
Sold (last year)
59▲ +3.3% YoY
Nearby suburb
Demand index
39 / 100vs VIC
Days on market
26 days▲ +7 days YoY
Median price
$425k▲ +3.9% YoY
Sold (last year)
38▲ +34.4% YoY
Nearby suburb
Demand index
62 / 100vs VIC
Days on market
23 days▲ +8 days YoY
Median price
$463k▲ +7.9% YoY
Sold (last year)
75▲ +6.8% YoY
Spring Gully · this suburb
Demand index
64 / 100vs VIC
Days on market
18 days▼ −34 days YoY
Median price
$507k▲ +50.0% YoY
Sold (last year)
11▲ +50.0% YoY
weakSales market velocityhow strong sales demand isstrong
This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures
Market data
Spring Gully against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Spring Gully in blue, peers in colour.
Pair
View
Property
Bedrooms
Radius
How fast — and is it getting faster?
3 peer suburbs · 10km · Total house
fasterslower
DOM change YoYvs 12 months ago
median
median
Recoveringquiet but accelerating
Boomingbusy and accelerating
Stalledquiet and slowing further
Coolingbusy but slowing
Nearby suburb
Demand index
45 / 100vs Australia
Days on market
19 days▲ +2 days YoY
Median price
$425k▲ +10.0% YoY
Sold (last year)
59▲ +3.3% YoY
Gross yield
2.26%
Nearby suburb
Demand index
21 / 100vs Australia
Days on market
26 days▲ +7 days YoY
Median price
$425k▲ +3.9% YoY
Sold (last year)
38▲ +34.4% YoY
Gross yield
3.08%
Nearby suburb
Demand index
44 / 100vs Australia
Days on market
23 days▲ +8 days YoY
Median price
$463k▲ +7.9% YoY
Sold (last year)
75▲ +6.8% YoY
Gross yield
2.00%
Spring Gully · this suburb
Demand index
50 / 100vs Australia
Days on market
18 days▼ −34 days YoY
Median price
$507k▲ +50.0% YoY
Sold (last year)
11▲ +50.0% YoY
Gross yield
3.45%
slowDays on marketmedian days to sellfast
This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures
How much is available right now?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
View
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|
median
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|
median
Severe
Very Tight
Tight
Balanced
Loose
Very Loose
Saturated
Under-suppliedOver-supplied
Market data
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Property
Spring Gully — Units & Houses, all bedrooms
Jul 2021 – Jun 2026 · each point = a 12-month window
0%25%50%75%100%20222023202420252026
Sales · buyer transactions
Leases · tenant transactions
Five-year arc
Spring Gully median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Spring Gully rose from $309k (Jul 2021) to $626k (Jun 2026) — +102.3% growth over five years. Median house rent went from $241/wk to $443/wk (+83.8%) over the same period. For units, the median sale price rose from $263k to $458k (+74.1%), with rent up from $196/wk to $297/wk (+51.5%) over the same period.
PropertyBedrooms
Median price (trailing year)
Jun 2026
$626k+32.8%
5y median $430kvs last year $471k
Total sales (trailing year)
Jun 2026
40+33.3%
5y median 34vs last year 30
Days on market (trailing year)
Jun 2026
12 days-16
5y median 27 daysvs last year 28 days
Median rent (trailing year)
Jun 2026
$443/wk+10.5%
5y median $324/wkvs last year $401/wk
Total leases (trailing year)
Jun 2026
30+66.7%
5y median 24vs last year 18
Days on market (rental) (trailing year)
Jun 2026
12 days-3
5y median 13 daysvs last year 15 days
Gross yield (trailing year)
Jun 2026
2.59%-0.91 pt
5y median 2.65%vs last year 3.49%
Months of supply
Jun 2026
3.7 months+105.5%
5y median 2.6 monthsvs last year 1.8 months
Months of supply (rental)
Jun 2026
0.8 months-60.3%
5y median 1.3 monthsvs last year 2.0 months
Nearby markets
Suburbs near Spring Gully: prices compared
The nearest suburbs to Spring Gully, ranked by distance — each lined up against Spring Gully on the same measures, so the differences jump out at a glance.
Market
Property
Bedrooms
Radius
Colour by
This marketSpring GullyVIC 3550 · Houses · Total
Price$507k
DOM18 days
Sold11
5 markets within 5kmLast 12 months
01
Flora HillVIC 3550 · 1.3km · Houses · Total
Price$425k
DOM19 days
Sold59
cheapersimilar speed
02Golden GullyVIC 3555 · 1.5km · Houses · Total
Price$352k
DOM60 days
Sold1
much cheapermuch slower
03MandurangVIC 3551 · 1.9km · Houses · Total
Price$642k
DOM117 days
Sold5
priciermuch slower
04KenningtonVIC 3550 · 2.3km · Houses · Total
Price$463k
DOM23 days
Sold75
cheaperslower
05Quarry HillVIC 3550 · 2.4km · Houses · Total
Price$425k
DOM26 days
Sold38
cheaperslower
Houses · TotalSales market
Stat colourHow each suburb's stat compares to Spring Gully
Much lowerLowerSimilarHigherMuch higher
Similar markets
Suburbs like Spring Gully
Suburbs anywhere in VIC that behave like Spring Gully — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Spring Gully vs Strathdale: the closest sales-market match trades at a median of $599k against Spring Gully's $507k — about 18% higher, with homes selling in 12 days versus 18 days here.
Colour by
Property
Bedrooms
Market
This marketSpring GullyVIC 3550 · Houses · Total
Price$507k
DOM18 days
Sold11
Most similar sales markets · within 3.5–118 kmLast 12 months
0102030405
StrathdaleVIC 3550 · 4km · 45% match
Price$599k
DOM12 days
Sold71
MarongVIC 3515 · 10km · 47% match
Price$520k
DOM19 days
Sold22
MerndaVIC 3754 · 100km · 64% match
Price$455k
DOM15 days
Sold220
LeopoldVIC 3224 · 118km · 61% match
Price$383k
DOM14 days
Sold189
ArdeerVIC 3022 · 94km · 59% match
Price$519k
DOM19 days
Sold35
Stat colourHow each suburb's stat compares to Spring Gully
Much lowerLowerSimilarHigherMuch higher
Comparable sales markets to Spring Gully: Strathdale property growth, Marong property market, Mernda average house price, Leopold market trends and Ardeer house prices.
Spring Gully's closest rental-market twins: Marong property market, Ardeer house prices, Strathdale property growth, Mernda property prices and Leopold (VIC 3224). Each link opens that suburb's full market report.
Market data
Frequently asked · Spring Gully
26 data-driven answers about Spring Gully's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Spring Gully?
#The median house price in Spring Gully, VIC 3550 is $507k as of June 2026, based on 14 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Spring Gully?
#The median unit price in Spring Gully, VIC 3550 is $507k as of June 2026, based on 14 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Spring Gully?
#The median weekly house rent in Spring Gully is $349 as of June 2026, drawn from 7 leases over the past 12 months. Units rent for around $349 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Spring Gully?
#A 3 bedroom house in Spring Gully rents for a median $349 per week as of June 2026, drawn from 7 leases over the past 12 months. Across other house sizes: 2-bedroom $349/week, 4-bedroom $349/week. Unit rents: 2-bedroom $349/week, 3-bedroom $349/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Spring Gully?
#Gross rental yield in Spring Gully is 3.45% for houses and 3.45% for units as of June 2026, compared with the VIC unit median of 3.39%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Spring Gully?
#As of June 2026, Spring Gully medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $507k | $507k | $507k | $507k |
| Units | — | $507k | $507k | — | $507k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Spring Gully median?
#At the median Spring Gully house ($507k purchase, $349/week rent), weekly mortgage repayments sit at roughly $494 — about $145 more per week than renting. That gap is the ownership premium. For the median unit ($507k purchase, $349/week rent), repayments run about $494 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Spring Gully's property market trends?
#Spring Gully's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes now sell in a median 18 days — faster than a year ago by 34; sales supply sits at 4.0 months (loose). Read together — price, rent, selling speed and supply — they show which way the Spring Gully market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Spring Gully as an investment?
#As of June 2026 in Spring Gully, house prices rose +50.0% over the year, gross rental yield is 3.45% against a VIC median of 2.83%, houses take a median 18 days to sell, sales supply is 4.0 months (loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Spring Gully?
#Houses in Spring Gully sell in a median 18 days on market as of June 2026, with units clearing slightly similarly at 18 days. Days on market have tightened by 34 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Spring Gully a tight or loose property market right now?
#Spring Gully's sales market sits at 4.0 months of supply for houses as of June 2026 — classified as Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.5 months of supply.
Have property prices in Spring Gully gone up or down?
#House prices in Spring Gully moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Spring Gully?
#Spring Gully's house rental market sits at 0.5 months of supply as of June 2026 — classified as Severe (extreme shortage), with 9 houses leased over the past 12 months. Units sit at 1.3 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Spring Gully in its property market cycle?
#Spring Gully's house market is currently in the 'in_demand_growing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Spring Gully compare to other VIC suburbs?
#Spring Gully's median house price ($507k) is 22% below the VIC median ($647k) as of June 2026. On selling speed, houses clear in 18 days vs 19 days state median. On gross yield, Spring Gully sits at 3.45% vs 2.83% state median.
How does Spring Gully compare to neighbouring suburbs?
#Spring Gully's most-similar nearby market is Strathdale (3.5 km away) with a median house price of $599k — about 18% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Spring Gully?
#The most-transacted segment in Spring Gully over the 12 months to June 2026 is 2 bed houses with 11 sales. 3 bed houses come second at 11 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Spring Gully last year?
#Spring Gully recorded 11 house sales and 11 unit sales over the 12 months to June 2026 — a combined 22 transactions. On the rental side, 9 houses and 9 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Spring Gully in?
#Spring Gully is in postcode 3550, in the Bendigo region of VIC. Addresses there are written as Spring Gully, VIC 3550.
What is the population of Spring Gully?
#Spring Gully, VIC 3550 is home to 1,556 residents (ABS Census 2021). The median resident age is 40, and the average household holds 1.3 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Spring Gully?
#The median household in Spring Gully earns $957 per week — roughly $50k a year (ABS Census 2021). Median personal income runs $706/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Spring Gully?
#The unemployment rate in Spring Gully is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Spring Gully?
#Spring Gully is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Spring Gully?
#Spring Gully has 44 schools within reach — including Spring Gully Primary School, Bendigo South East 7-10 Secondary College, Quarry Hill Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Spring Gully a good place to live?
#Spring Gully, VIC 3550 has a population of 1,556, a median age of 40, a median household income around $957/week, 50% of households renting (ABS Census 2021). There are 44 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Spring Gully market data last updated?
#This Spring Gully market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.