Springwood is an average performer in QLD when comparing median price capital growth over the last year. Springwood gave property investors a average capital gain figure when compared to the rest of the state, with 6.73%.
A 15.26% growth in median value for property investors in Springwood,4127 puts this suburb at number 366th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Springwood should be aiming for at least -4.97% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 10.33 sales per month, which equates to 124 per year.
With the median price for a house in Springwood being $547500 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.18%
Springwood has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.62% to date .
A -2.99% growth in median value for property investors in Springwood,4127 puts this suburb at number 314th in terms of best performing suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Springwood, 4127. Typically our figures indicate that -5.08% is being offered, which puts this QLD suburb at 304th most discounted overall in Australia.
Advertised rents are around the $347.5 mark per week – giving a return of 6.95% based on the median price in Suburb