Property investors who have had real estate in Springwood, 4127 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
A 27.16% growth in median value for property investors in Springwood,4127 puts this suburb at number 677th in terms of best performing suburbs in QLD
The most recent median price for Springwood is $515000, with sellers offering an average of -4.98% off the asking price.
Often selling an investment property can take time, and in Springwood the average time real estate has been on the market is 50.61 days.
Springwood has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -25.89% to date .
If we look at median property appreciation over just the last three months, Springwood has given property investors a paper return of -8.31%. This puts Suburb as 332 on a list of fastest fasting appreciating suburbs in QLD
Sellers are offering property buyers an average discount of -7.09% to buyers in Springwood at the moment, which is less than average for the rest of QLD.
At number 903 in a list of fastest selling suburbs, Springwood is in the bottom 40% of suburbs in Australia with an average of days on market 79.48 for properties listed there.
Springwood, 4127’s gross rental yield is 6.34%