Springfield Property Market And House Prices
Suburb of Rotorua District
Author: Ed McKnight
Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.
Key house price data for Springfield, Rotorua District
Key house price data for Springfield, Rotorua District
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Springfield is a suburb in Rotorua District.
3,417 people currently live in Springfield. 21.0% of these people rent.
The average house value in Springfield is $765,750.
That’s down 6.2% from from 2 years ago.
The median rent in Springfield is $660.
Market Insight - Median House Price Trend
Sales Data
Average House Value
Median Days to Sell
Properties listed for sale in the last month
Properties sold in the last 12 months
Insights
The average house value in Springfield is $765,750.
On average it takes 49 days to sell a house.
All up 48 properties were sold in Springfield over the last year, and 4 properties were listed for sale in the last month.
Rental Data
Median Rent
Rental properties listed last year
Rental properties listed last month
Median days to rent
| Bedrooms | Rent | Change |
|---|---|---|
1 Bedroom | $400/week | 2.6% |
2 Bedrooms | $510/week | 2% |
3 Bedrooms | $625/week | 4.2% |
4 Bedrooms | $750/week | 13.6% |
Insights
There is no rental data available for Springfield at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Springfield want?
There is no demographic data available for Springfield at this time. We are working hard to get this data. We hopefully will have some shortly.