Springwood vs Underwood
Springwood (median $895,000) is roughly 1% cheaper to buy into than Underwood ($900,000).
Buying in Springwood or Underwood?
Selling in Springwood? The free selling guide
Springwood and Underwood side by side
| Measure | Springwood | Underwood |
|---|---|---|
| Price and market | ||
| Median house | $895,000 | $900,000 |
| Median unit | $451,000 | $545,000 |
| Renting | ||
| House rent | $700/wk | $670/wk |
| Unit rent | $560/wk | $340/wk |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1006 | 1013 |
| Lifestyle and people | ||
| Walk score | 2 | 68 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Climate | ||
| Annual rainfall | 1080 mm | 1007 mm |
| Mean max, January | 29.6°C | 30.0°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
Underwood scores higher on walkability (2/100 vs 68/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Underwood (1013) sits above Springwood (1006).
- For buyers
- Springwood is the lower entry point at $895,000 median, 1% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Springwood offers the higher gross rental yield (4.07% vs 3.87%), favouring cash-flow investors.
- For families
- Underwood edges out on average school ICSEA (1013 vs 1006).
Springwood vs Underwood: common questions
Is Springwood or Underwood cheaper to buy in?
Springwood has the lower median house price at $895,000, roughly 1% below Underwood ($900,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Springwood or Underwood have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Underwood scores 1013 vs 1006 in Springwood. 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 is more walkable, Springwood or Underwood?
Underwood scores 68/100 on walkability vs 2/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Springwood or Underwood?
Gross rental yield on houses is 4.07% in Springwood vs 3.87% in Underwood. 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.
Keep comparing
The two suburbs
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