Property value increases in Springwood have tracked just higher than the NSW average of 9.74% over the last 12 months.
Across a shorter period, Springwood, 2777 has seen a median price increase of 1.54% over the last quarter.
Property buyers and investors in Springwood 2777 should be seeing an average reduction in asking price of around -4.42% . This means that Springwood is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 7.92 sales per month, which equates to 95 per year.
Property investors should expect to get $470 weekly from the median priced house in this suburb.
NSW has seen average median house prices change by 6.96% which means that Springwood, 2777 has done well for property investors by showing a capital gain of 30.95% over the last year
A 79.15% growth in median value for property investors in Springwood,2777 puts this suburb at number 465th in terms of best performing suburbs in NSW
Springwood, 2777 is offering NSW ‘s 316th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 7.23%, investors should hope to achieve an overall return of 3.59%