With a capital gain of 5.17% for the last 12 months, Springwood, 2777 has performed for property investments than its average annual 5.37% property growth over the last 5 years.
Across a shorter period, Springwood, 2777 has seen a median price increase of 3.96% over the last quarter.
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 -3.87% is being offered, which puts this NSW suburb at 3288th most discounted overall in Australia.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.97%, without taking into account capital value appreciation, which has been averaging out at 5.37%.
Springwood is in the TOP 10% in NSW when comparing median price capital growth over the last year. Springwood gave property investors a very good capital gain figure when compared to the rest of the state, with 30.18%.
Comparing Springwood,2777 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 6.00%, investors should hope to achieve an overall return of 3.73%