Property investors who have had real estate in Spring Hill, 4000 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 21.70%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Spring Hill has increased when compared to the 5 year average annual rate.
Spring Hill is 741th on a list of best yielding suburbs for rents in QLD with a 2.78% return
QLD has seen average median house prices change by 0.74% which means that Spring Hill, 4000 has done well for property investors by showing a capital gain of -4.60% over the last year
Across a shorter period, Spring Hill, 4000 has seen a median price increase of 0.00% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Spring Hill is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 34th in terms of most discounted suburbs in QLD
Spring Hill, 4000’s gross rental yield is 5.57%