Property value increases in Spring Hill have tracked close to the QLD average of 2.22% over the last 12 months.
Comparing Spring Hill,4000 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -9.88% to buyers in Spring Hill at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 1.83 sales per month, which equates to 22 per year.
Over the last year, property investments in Spring Hill, 4000 have given investors a capital gain of -5.69%. This compares very badly with the 1.23% for QLD as a whole.
Spring Hill,4000 has offered an average of -5.69% return per annum in house price rises to property investors over the last three years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.79% offered to property buyers. Sellers in Spring Hill itself are offering an average vendor discount of -7.05% to real estate investors.
Spring Hill is 78th on a list of best yielding suburbs for rents in QLD with a 6.25% return