Over the last year, property investments in Springwood, 2777 have given investors a capital gain of 19.74%. This compares very favourably with the 10.55% for NSW as a whole.
Comparing Springwood,2777 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Springwood is giving property investors an average Vendor Discount of around -4.14%. This puts suburb at number 800th in NSW when ranking the most discounted suburbs.
Residents and property investors in Springwood have been waiting around 39.65 days to sell a property.
Springwood, 2777’s gross rental yield is 3.58%
If you compare the increase in value of investment property in Springwood, 2777 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 20.61%.
Springwood,2777 has offered an average of 20.61% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Springwood 2777 should be seeing an average reduction in asking price of around -3.34% . This means that Springwood is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
Property investors should expect to get $390 weekly from the median priced house in this suburb.