Springvale vs Bourkelands

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.

Buying in Springvale or Bourkelands?

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Springvale and Bourkelands side by side

MeasureSpringvaleBourkelands
Price and market
Median house$1,250,000$735,000
Median unit$240,480$240,480
House price change, 12 months-0.8%+5.2%
Renting
House rent$550/wk$550/wk
Unit rent$420/wk$420/wk
Owner occupied98.0%73.0%
Renter occupied1.0%25.0%
Schools
Schools nearby2020
Average ICSEA954961
Lifestyle and people
Walk score00
Transit score00
Bike score55100
Population1,8513,113
Median age4135
Climate
Annual rainfall549 mm549 mm
Mean max, January32.8°C32.8°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.

Springvale vs Bourkelands: common questions

Is Springvale or Bourkelands 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, Springvale or Bourkelands?

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 Springvale or Bourkelands 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, Springvale or Bourkelands?

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.