With a capital gain of 10.81% for the last 12 months, Springwood, 2777 has performed for property investments than its average annual 6.83% property growth over the last 5 years.
Across a shorter period, Springwood, 2777 has seen a median price increase of 2.91% over the last quarter.
At number 587th of NSW’s most discounted properties, Springwood is in the middle of the state/territory when listing in order of most discounted to least.
A $470 per week rent on the median house gives suburb investors a gross yield of circa 3.56%, without taking into account capital value appreciation, which has been averaging out at 6.83%.
If you compare the increase in value of investment property in Springwood, 2777 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.57%.
A 85.28% growth in median value for property investors in Springwood,2777 puts this suburb at number 114th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Springwood is offering property investors an average of -4.27. This rate of discount on properties puts Suburb at number 368th in terms of most discounted suburbs in NSW
Residents and property investors in Springwood have been waiting around 22.53 days to sell a property.
A $375 per week rent on the median house gives suburb investors a gross yield of circa 3.41%, without taking into account capital value appreciation, which has been averaging out at 7.99%.