Free market report · Data to July 2026
Three Springs property market
Three Springs is one of the 453 council areas we track on the Momentum Dial, our property clock. This page is the plain-numbers read: where it sits in the cycle, who lives there, what's being built, and the suburbs inside it.
Three Springs is home to 606 people. On the Buyers First Momentum Dial its house market currently reads at the Bottom. Here's the rest of the picture, in plain numbers.
Houses · cycle position
Bottom
The Three Springs house market is at the deepest point of its decline. Historically, this is the phase where the best entries have been made, and also where the least certainty exists.
-33% to +3%
Modelled 12-month price range
0.0%
Modelled 12-month rent change
Units · cycle position
Not enough unit sales in Three Springs for a reliable cycle reading. That's common outside the cities, and honest beats guessed.
At a glance · houses
$139,942
Typical house, August 2026
-0.9% a year since 2010
-6.6%
Growth a year, last 10 years
-15.3% a year over the last 5
$230
Rent a week
8.6% gross yield
5 of 15
Years prices fell since 2010
Worst: 2025, -22%
The clock measures growth momentum, not price. Peak means growing fastest, not about to fall. Cycle data and projections sourced from HtAG Analytics. See Three Springs on the clock.
Free · One per person
Want all of this written up for Three Springs?
The full report is this data as a written document, plus the current price, rent, yield and growth on one suburb inside Three Springs, and the numbers that cut against the area. I write them by hand, so it comes from me rather than out of a system.
The numbers, explained
Three Springs in charts.
The typical house in Three Springs went from $161,227 in 2010 to $139,942 in August 2026. That is -13% in total, -0.9% a year. 5 down years out of 15, never more than 2 in a row. Cycles, not collapses.
Houses · price change each year · 2011 to 2026
Prices in Three Springs fell in 5 of the last 15 years
-13%
Since 2010
-6.6%
Per year, last 10 years
5 of 15
Years going backwards
-22.0%
Worst year (2025)
What this shows. How much the typical house price in Three Springs went up or down each year. Teal bars are up years, red bars are down years, and the faded bar is this year so far.
Why it matters. The size of a good year matters less than how many bad years there were and whether they came in a row. Boring? Absolutely. But the length of the down stretch is what decides whether you get out the other side. Typical price at December each year, data from HtAG Analytics.
You don't need to know property to read this. Every chart below opens with the point in one line, then says what it shows and why we care. Teal is a good sign, amber is okay, red means watch it.
The scorecard · 7 things we check
Three Springs scores 28 out of 35. Strong.
prices have stopped falling, which is where the best buys have historically been made
5 of 15 years
2.3 new homes approved per 100 that exist
population growing 0.8% a year
3.2% unemployed, Australia 4.2%
a house costs 1.7 years of a local household's income
0.6% of rentals are empty, so about 1 in every 100
What this shows. Seven quick checks on Three Springs, each scored out of five. Five is the reading we most want to see.
Why it matters. No single number tells you whether an area is a good buy. Together they show whether the pieces line up. These are bands, not rules: a council outside a band can still be the right buy for the right person, and one inside every band can still be wrong for you.
House prices since 2010 · Three Springs vs the 5 most similar councils in WA
Three Springs has grown more slowly than similar councils over ten years
-15.3% vs +17.7%
A year, last 5 years
-6.6% vs +5.4%
A year, last 10 years
-1.5% vs +2.8%
A year, last 15 years
What this shows. The typical house price in Three Springs every year, in teal, next to the middle of the five councils in WA closest to it in size and starting price: Carnamah, Morawa, Mount Magnet, Dumbleyung, Wickepin. The small "vs" number in each tile is those councils.
Why it matters. Sometimes a slower market is catching up, sometimes it is being passed. The jobs and supply readings on this page tell you which.
Momentum · the last 36 months
Prices in Three Springs have lost speed in the last few months
$143,430
3-month price, August 2026
-21.9%
3-month price vs 12-month price
25 vs 19
Houses sold, last 12 months vs the 12 before
What this shows. Two versions of the same price. The dotted teal line averages the last three months, so it reacts fast. The grey line averages the last twelve, so it moves slowly. The bars are how many houses sold each month.
Why it matters. The last three months are sitting under the last twelve. It could be a pause or the start of a turn. The next quarter tells you which.
New homes · approvals as a share of all the homes here
New homes in Three Springs are keeping pace with the people
What this shows. For every 100 homes already in Three Springs, how many new ones the council approved each year. The teal band is the range we call balanced.
Why it matters. New homes are arriving at about the pace the population absorbs them. Balanced. The home count is the population divided by the average household size, so treat the rate as a guide rather than a census.
Affordability · house price in years of local household income
A house in Three Springs costs 1.7 years of a local family's income
What this shows. Take the typical house price and divide it by what a typical household here earns in a year. A bar of 7 means seven years of the whole household's income buys one house.
Why it matters. Affordable by Australian standards. There is room for prices to move before the locals get priced out, and locals are the steadiest buyers a market has. Income is the 2021 Census figure carried forward at 3.5% a year, so it is an estimate, not a measurement.
Rents · typical weekly house rent, last 36 months · and how many rentals sit empty
Rent in Three Springs is $230 a week, up 0.0% in a year
$230
A week, August 2026
0.0%
Change in the last year
0.6%
Rentals sitting empty (tight)
What this shows. What a typical house in Three Springs rents for each week, month by month. The empty-rentals number is the share of rental homes with nobody in them: under 1.5% is tight, over 3% means tenants have plenty of choice.
Why it matters. Rents are moving with inflation. Steady rather than tight.
Rental yield · a year of rent as a share of the price, Three Springs vs similar councils
Rent covers 8.6% of the price each year in Three Springs
What this shows. Yield is simple: a whole year of rent divided by the house price. A $500,000 house renting for $500 a week earns $26,000 a year, which is a 5.2% yield.
Why it matters. Higher than similar councils, which are around 5.7%. The rent does more of the heavy lifting here, so holding costs less out of pocket. We don't buy on yield alone and we never set a yield cut-off; it is one piece of the picture, next to growth.
The people
Who lives in Three Springs.
The population has grown a steady +0.8% a year over the last five years. Overseas migration is doing the heavy lifting, 9 people on net over the last three years. The median age is 42 and the median household brings in $1,366 a week (Census 2021). 58% of households own or are paying off their home. Owner-occupier markets like this tend to hold their nerve through the cycle, because nobody is forced to sell an address they live at.
Population · ABS estimates 2015 to 2025
Three Springs is growing steadily: 606 people, up +0.8% a year
606
People, 2025
+0.8% vs +1.5%
A year, last 5 years · typical WA council
-0.2%
A year, last 10 years
Why it matters. Steady growth is enough to keep demand ahead of supply, as long as building stays sensible.
Where the growth came from · last 3 years
Overseas arrivals are doing the heavy lifting in Three Springs: 9 in three years
Net change: +20 people over three years.
What this shows. Three ways a place gains or loses people: babies born minus people who died, people who moved here from another part of Australia, and people who arrived from overseas. Bars to the right add people, bars to the left take them away.
Why it matters. Overseas arrivals usually rent first, so this kind of growth shows up in rents before it shows up in prices.
Age and households · Census 2021
Three Springs is about the same age as the typical WA council: median age 42
Three Springs Typical WA council (middle of 103)
Why it matters. A mixed-age area has demand for most housing types, which makes it easier to sell to whoever the next buyer is.
Income and who owns the homes · Census 2021
Most homes in Three Springs are owner-occupied: 58% own or are paying off, 27% rent
Own or paying off Renting Other
Why it matters. Owner-occupier markets hold their nerve through the cycle, because nobody is forced to sell the address they live at.
New supply
What's being approved to build.
6 dwellings were approved in FY26, 6 of them houses. Approvals have been roughly steady year to year. On the non-residential side, $2 million of building was approved in FY26, $2 million of it public money. Governments build where they expect people.
Homes approved · ABS, by financial year
Building in Three Springs is steady: 6 homes approved in FY26
Houses Units, townhouses and other
6
Homes approved, FY26
100%
Of them houses
2.3%
New homes per 100 that exist
What this shows. How many new homes the council approved each financial year, split into houses and everything else. Approved is not built, but it is the earliest warning of supply on the way.
Why it matters. Enough building to house the newcomers without flooding the market. Boring is good here.
Non-residential building approved · ABS
Government spending on buildings in Three Springs is rising: $2m approved in FY26
Government projects All non-residential
$2m
All sectors, FY26
$2m
Government, FY26
$2m
Schools and health, last 3 years
What this shows. The dollar value of shops, offices, schools, hospitals and other non-home buildings approved each year. The darker bar is the government's share.
Why it matters. Governments build where they expect people. Schools and hospitals are the most honest signal they give about where families are heading. For the named projects behind these numbers, ask for the full report.
Jobs
Who's working in Three Springs.
Work here runs on agriculture (43% of jobs), ahead of public administration and transport and logistics. That first number deserves attention: when a quarter of the jobs sit in one industry, the property market inherits that industry's fortunes, good and bad. 2 more residents are in work than five years ago (+0.7%). Unemployment sits at 3.2%, comfortably under the national 4.2%.
Jobs · SALM, March 2026
2 more people in Three Springs have a job than five years ago
307
Residents in work
3.2% vs 4.2%
Unemployed · Australia
+0.7%
Jobs change, 5 years
Three Springs Australia
Why it matters. Employment is close to flat, so housing demand here leans on other drivers: lifestyle, retirees, or people commuting out.
Who employs people here · Census 2021
Agriculture is the biggest employer in Three Springs, 43% of jobs
What this shows. The five industries that employ the most residents, as a share of all jobs. The pill is the ABS advantage score: Three Springs sits in decile 5 of 10 nationally, where 10 is the most advantaged.
Why it matters. One industry carrying a fifth or more of the jobs is a concentration risk. If it wobbles, the whole town feels it.
The outlook
Is Three Springs worth buying into?
Put the drivers together and the case for Three Springs is: net internal migration in its favour, public building spend trending up. Against that, weigh heavy reliance on agriculture. None of this guarantees anything. It tells you where to look harder, which is what a report like this is for.
Free · Written by hand · One per person
This page is the public data. The full report is that written up as a document, plus the current price, rent, yield and growth on one suburb inside Three Springs. One per person.
Name, email and phone. I write these by hand, one per person, and the conversation afterwards is the only thing the report costs.
Inside the LGA
The suburbs of Three Springs.
Next step. See what's for sale in Three Springs on realestate.com.au or Domain. Then send me the address before you make an offer. That is the part the data cannot do.
All 6 suburbs and localities in Three Springs
Arrino · Arrowsmith East · Dudawa · Kadathinni · Three Springs · Womarden
Free · Written by hand · One per person
Want the full workup on Three Springs?
This page is the public data. The full report is the written workup: current price, rent, gross yield and vacancy, growth over 1, 3, 5 and 10 years, days on market and demand, and the supply coming down the pipe, for Three Springs or any suburb in it. Same data we run for clients. I pull it and email it through, usually within a business day. One per person, no charge, and no 14-part email sequence afterwards. All I ask is that if it lands, you take the fifteen minute call at the end of it.
Name, email and phone. I write these by hand, one per person, and the conversation afterwards is the only thing the report costs.
Keep comparing
Markets of a similar size in WA.
A council only makes sense in context. These are the WA markets closest to Three Springs in population, each with its own written report.
General information only, not financial or investment advice. Cycle positions and projections are modelled LGA-level figures to July 2026, sourced from HtAG Analytics. Population and approvals are ABS estimates; employment is SALM smoothed data; income, age and tenure are Census 2021. None of it can see street quality, flood maps, zoning or the contract, which is where deals are actually won and lost. Get advice on your own situation before acting.
Data finds the area. It doesn't buy the house.
We narrow 15,000 suburbs to the top 5 for each client, then find the street and the property. If Three Springs is on your list, that's a conversation worth having early.