Springwood, 4127 ranked 533th 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
If we look at median property appreciation over just the last three months, Springwood has given property investors a paper return of 0.00%. This puts Suburb as 459 on a list of fastest fasting appreciating suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.42% offered to property buyers. Sellers in Springwood itself are offering an average vendor discount of -4.80% to real estate investors.
Advertised rents are around the $460 mark per week – giving a return of 4.60% based on the median price in Suburb
Property investors who have had real estate in Springwood, 4127 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.93%
If we look at median property appreciation over just the last three months, Springwood has given property investors a paper return of -4.50%. This puts Suburb as 297 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Springwood should be aiming for at least -1.39% off the asking price, which is the average vendor discount being achieved at the moment.
Springwood is 43th on a list of best yielding suburbs for rents in QLD with a 6.80% return