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 2.67%.
Spring Hill,4000 was ranked 2031 in Australia by increase in median property value over the quarter.
Spring Hill4000 is located in QLD which offers an average discount of -7.21% to property investors. Spring Hill itself is showing figures that indicate -9.88% is the average achievable by property buyers investing in the suburb.
Spring Hill, 4000’s gross rental yield is 3.43%
If you compare the increase in value of investment property in Spring Hill, 4000 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.79%.
Taking the average capital gain, or increase in median house value, Spring Hill,4000 has racked up an average of -0.79% over the period. This ranks it number 1194th in the whole country for real estate investors looking at median house price increases.
At number 61th of QLD’s most discounted properties, Spring Hill is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Spring Hill have been waiting around 68.48 days to sell a property.
Advertised rents are around the $470 mark per week – giving a return of 6.02% based on the median price in Suburb