Giving property investors a an average capital gain of -0.96% for the last year, Springwood, 4127 is the 1874th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Springwood has increased when compared to the 5 year average annual rate.
The most recent median price for Springwood is $515000, with sellers offering an average of -5.73% off the asking price.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 2.52%, investors should hope to achieve an overall return of 4.44%
Giving property investors a a stable capital gain of 4.47% for the last year, Springwood, 4127 is the 395th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Springwood,4127 has racked up an average of 4.47% over the period. This ranks it number 1016th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Springwood is $272675, with sellers offering an average of -4.78% off the asking price.
Property investors should expect to get $350 weekly from the median priced house in this suburb.