NSW has seen average median house prices change by 9.05% which means that Springfield, 2250 has done well for property investors by showing a capital gain of 13.46% over the last year
Across a shorter period, Springfield, 2250 has seen a median price increase of 7.08% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Springfield, 2250. Typically our figures indicate that -6.06% is being offered, which puts this NSW suburb at 1706th most discounted overall in Australia.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 6.25%, investors should hope to achieve an overall return of 3.97%