QLD has seen average median house prices change by 1.35% which means that Springwood, 4127 has done well for property investors by showing a capital gain of -2.14% over the last year
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.
Springwood4127 is located in QLD which offers an average discount of -6.95% to property investors. Springwood itself is showing figures that indicate -5.46% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Springwood being $515000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.54%
QLD has seen average median house prices change by -0.01% which means that Springwood, 4127 has done well for property investors by showing a capital gain of -8.15% over the last year
Springwood,4127 has offered an average of -8.15% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -5.18% 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 3.00 sales per month, which equates to 36 per year.
With the median price for a house in Springwood being $265000 and the advertised rent reaching $332.5 the gross rental yield for property investors calculates out to be 6.52%