Springfield Lakes has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 2.84% to date .
A 17.41% growth in median value for property investors in Springfield Lakes,4300 puts this suburb at number 410th in terms of best performing suburbs in QLD
Vendor discounting in Springfield Lakes is giving property investors an average Vendor Discount of around -4.50%. This puts suburb at number 692th in QLD when ranking the most discounted suburbs.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.76%, without taking into account capital value appreciation, which has been averaging out at 2.17%.
Property value increases in Springfield Lakes have tracked close to the QLD average of 0.29% over the last 12 months.
Springfield Lakes is 259th on a list of best yielding suburbs for rents in QLD with a 4.81% return