Over the last year, property investments in Springwood, 4127 have given investors a capital gain of 0.97%. This compares averagely with the 1.91% for QLD as a whole.
Springwood,4127 was ranked 2504 in Australia by increase in median property value over the quarter.
The most recent median price for Springwood is $519995, with sellers offering an average of -5.08% off the asking price.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 2.65%, investors should hope to achieve an overall return of 4.50%
Springwood, 4127 ranked 278th in QLD when comparing growth in median property values or capital gain over the last 12 months. Springwood is one of 2415 in our list for QLD
A 4.00% growth in median value for property investors in Springwood,4127 puts this suburb at number 236th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Springwood is offering property investors an average of -6.34. This rate of discount on properties puts Suburb at number 274th in terms of most discounted suburbs in QLD
Springwood, 4127’s gross rental yield is 6.70%