Bourkelands vs Springvale
Bourkelands (median $735,000) is roughly 41% cheaper to buy into than Springvale ($1,250,000). Over the past year, Bourkelands (+5.2%) ran 6.0 percentage points ahead of Springvale (-0.8%) on house-price growth.
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Bourkelands and Springvale side by side
| Measure | Bourkelands | Springvale |
|---|---|---|
| Price and market | ||
| Median house | $735,000 | $1,250,000 |
| Median unit | $240,480 | $240,480 |
| House price change, 12 months | +5.2% | -0.8% |
| Renting | ||
| House rent | $550/wk | $550/wk |
| Unit rent | $420/wk | $420/wk |
| Owner occupied | 73.0% | 98.0% |
| Renter occupied | 25.0% | 1.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 961 | 954 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 100 | 55 |
| Population | 3,113 | 1,851 |
| Median age | 35 | 41 |
| Climate | ||
| Annual rainfall | 549 mm | 549 mm |
| Mean max, January | 32.8°C | 32.8°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Bourkelands (961) sits above Springvale (954). Springvale skews owner-occupied (98%), Bourkelands runs more rental-dense (73% owner).
- For buyers
- Bourkelands is the lower entry point at $735,000 median, 41% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Bourkelands carries both higher gross yield (3.89% vs 2.29%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Bourkelands edges out on average school ICSEA (961 vs 954). Springvale also has a higher family-household share (94% vs 80%), so the catchment community skews family-heavy.
Bourkelands vs Springvale: common questions
Is Bourkelands or Springvale cheaper to buy in?
Bourkelands has the lower median house price at $735,000, roughly 41% below Springvale ($1,250,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Bourkelands or Springvale?
Over the past 12 months, Bourkelands grew +5.2% vs -0.8% in Springvale, a gap of 6.0 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Bourkelands or Springvale have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Bourkelands scores 961 vs 954 in Springvale. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Bourkelands or Springvale?
Gross rental yield on houses is 3.89% in Bourkelands vs 2.29% in Springvale. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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