Springdale Heights has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.59% to date .
Across a shorter period, Springdale Heights, 2641 has seen a median price increase of 5.20% over the last quarter.
Vendor discounting in Springdale Heights is giving property investors an average Vendor Discount of around -6.09%. This puts suburb at number 545th in NSW when ranking the most discounted suburbs.
With the median price for a house in Springdale Heights being $263000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.54%
Property buyers and investors in Springdale Heights 2641 should be seeing an average reduction in asking price of around -10.21% . This means that Springdale Heights is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Springdale Heights the average time real estate has been on the market is 114.9 days.
Advertised rents are around the $182.5 mark per week – giving a return of 7.83% based on the median price in Suburb