If you compare the increase in value of investment property in Spring Hill, 4000 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.69%.
The five-year average increase in median property values for Spring Hill,4000 has given property investors a potential capital gain of 5.84% across each of those five years.
Spring Hill, 4000 is offering QLD ‘s 134th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
Often selling an investment property can take time, and in Spring Hill the average time real estate has been on the market is 71.63 days.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 3.41%, without taking into account capital value appreciation, which has been averaging out at 3.95%.
QLD has seen average median house prices change by 0.77% which means that Spring Hill, 4000 has done well for property investors by showing a capital gain of -7.78% over the last year
Taking the average capital gain, or increase in median house value, Spring Hill,4000 has racked up an average of -7.78% over the period. This ranks it number 994th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Spring Hill are currently offering property investors an average price cut of -6.77% below the asking price at the moment.
Residents and property investors in Spring Hill have been waiting around 75.58 days to sell a property.
Advertised rents are around the $465 mark per week – giving a return of 5.83% based on the median price in Suburb