With a capital gain of 2.72% for the last 12 months, Springwood, 4127 has performed for property investments than its average annual 2.47% property growth over the last 5 years.
A 28.83% growth in median value for property investors in Springwood,4127 puts this suburb at number 529th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -4.79% to buyers in Springwood at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 10.17 sales per month, which equates to 122 per year.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 2.47%, investors should hope to achieve an overall return of 4.36%
QLD has seen average median house prices change by 0.23% which means that Springwood, 4127 has done well for property investors by showing a capital gain of -35.60% over the last year
Springwood,4127 has offered an average of -35.60% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Springwood are currently offering property investors an average price cut of -7.70% below the asking price at the moment.
Residents and property investors in Springwood have been waiting around 84.5 days to sell a property.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 2.18%, investors should hope to achieve an overall return of 6.27%