NSW has seen average median house prices change by 6.87% which means that Springwood, 2777 has done well for property investors by showing a capital gain of 13.57% over the last year
A 57.04% growth in median value for property investors in Springwood,2777 puts this suburb at number 257th in terms of best performing suburbs in NSW
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 Springwood, 2777. Typically our figures indicate that -3.67% is being offered, which puts this NSW suburb at 3389th most discounted overall in Australia.
At number 115 in a list of fastest selling suburbs, Springwood is in the TOP 10% of suburbs in Australia with an average of days on market 35.91 for properties listed there.
Springwood is 585th on a list of best yielding suburbs for rents in NSW with a 3.76% return
Investment property in Springwood has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 29.58%
If we look at median property appreciation over just the last three months, Springwood has given property investors a paper return of 5.47%. This puts Suburb as 90 on a list of fastest fasting appreciating suburbs in NSW
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
Springwood, 2777’s gross rental yield is 3.73%