Spring Hill is an average performer in QLD when comparing median price capital growth over the last year. Spring Hill gave property investors a average capital gain figure when compared to the rest of the state, with 1.44%.
Spring Hill,4000 has offered an average of 1.44% return per annum in house price rises to property investors over the last three years.
At number 195th of QLD’s most discounted properties, Spring Hill is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Spring Hill, 4000’s gross rental yield is 3.21%
Investment property in Spring Hill has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.06%
Taking the average capital gain, or increase in median house value, Spring Hill,4000 has racked up an average of -8.06% over the period. This ranks it number 1163th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Spring Hill is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 28th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 14.92 sales per month, which equates to 179 per year.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 5.66%, without taking into account capital value appreciation, which has been averaging out at 3.35%.