Over the last year, property investments in Springwood, 4127 have given investors a capital gain of 4.21%. This compares averagely with the 2.39% for QLD as a whole.
A 25.63% growth in median value for property investors in Springwood,4127 puts this suburb at number 358th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Springwood is offering property investors an average of -7.16. This rate of discount on properties puts Suburb at number 535th in terms of most discounted suburbs in QLD
Property investors who have had real estate in Springwood, 4127 should be ok 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 4.15%
Across a shorter period, Springwood, 4127 has seen a median price increase of -0.18% over the last quarter.
At number 170th of QLD’s most discounted properties, Springwood is in the middle of the state/territory when listing in order of most discounted to least.
At number 1177 in a list of fastest selling suburbs, Springwood is in the bottom 20% of suburbs in Australia with an average of days on market 103.64 for properties listed there.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 6.07%, without taking into account capital value appreciation, which has been averaging out at 3.33%.