Property investors who have had real estate in Spring Farm, 2570 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.37%
Spring Farm,2570 has offered an average of 6.37% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Spring Farm 2570 should be seeing an average reduction in asking price of around -3.00% . This means that Spring Farm is holding prices well when compared to other suburbs in NSW.
At number 1231 in a list of fastest selling suburbs, Spring Farm is in the TOP 40% of suburbs in Australia with an average of days on market 60.52 for properties listed there.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 8.51%, investors should hope to achieve an overall return of 3.68%