Giving property investors a a solid capital gain of 16.07% for the last year, Springwood, 2777 is the 465th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Springwood,2777 has racked up an average of 16.07% over the period. This ranks it number 618th in the whole country for real estate investors looking at median house price increases.
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 -3.86% is being offered, which puts this NSW suburb at 3261th most discounted overall in Australia.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 6.05%, investors should hope to achieve an overall return of 3.68%
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 37.72%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Springwood has increased when compared to the 5 year average annual rate.