Springfield, 4300 ranked 312th in QLD when comparing growth in median property values or capital gain over the last 12 months. Springfield is one of 2415 in our list for QLD
Over the longer term, Springfield has seen property prices show investors a 12.07% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Springfield is giving property investors an average Vendor Discount of around -4.68%. This puts suburb at number 690th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Springfield the average time real estate has been on the market is 57.98 days.
Springfield is 399th on a list of best yielding suburbs for rents in QLD with a 4.63% return
Across a shorter period, Springfield, 4300 has seen a median price increase of 14.55% over the last quarter.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
With the median price for a house in Springfield being $345950 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.26%