Over the last year, property investments in Springdale Heights, 2641 have given investors a capital gain of -9.79%. This compares very badly with the 8.26% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Springdale Heights,2641 has racked up an average of -9.79% over the period. This ranks it number 2017th in the whole country for real estate investors looking at median house price increases.
At number 453th of NSW’s most discounted properties, Springdale Heights is in the bottom 40% of the state/territory when listing in order of most discounted to least.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 6.30%, without taking into account capital value appreciation, which has been averaging out at 1.70%.