Suburb Profile Report for Springwood QLD (4127)

Springwood House: Median price $525,000, Annual capital growth 2.84%, Number of sales 121, Weekly median advertised rent $443

Springwood Unit: Median price $275,350, Annual capital growth 0.01%, Number of sales 33, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

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 0.96%.

A 19.86% growth in median value for property investors in Springwood,4127 puts this suburb at number 193th in terms of best performing suburbs in QLD

Springwood4127 is located in QLD which offers an average discount of -7.01% to property investors. Springwood itself is showing figures that indicate -5.90% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Springwood the average time real estate has been on the market is 62.0594 days.

Property investors should expect to get $442.5 weekly from the median priced house in this suburb.

Property investors who have had real estate in Springwood, 4127 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.50%

When looking at the potential capital gains offered to property investors over the last 3 years, Springwood comes in at number 143th in QLD.

Property buyers and investors in Springwood 4127 should be seeing an average reduction in asking price of around -4.48% . This means that Springwood is holding prices well when compared to other suburbs in QLD.

Springwood is 60th on a list of best yielding suburbs for rents in QLD with a 6.61% return

Metrics i HOUSE UNIT
$525,000 $275,350
1.94% 3.71%
0.96% 4.50%
2.84% 0.01%
$443 $350
121 33
4.38% 6.61%
62.0594059405941 98.1739130434783

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Springwood QLD
Demographics
Total population 8990
Median household income ($/weekly) 1445
Median age of persons 37
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1065 11.8
    25-34 years 1289 14.3
    35-44 years 1311 14.6
    45-54 years 1205 13.4
    55-64 years 1309 14.6
    Others 2812 31.3
    Age Group
    Census Count Percent(%)
    Registered Married 3401 49.9
    Not Married 2761 40.5
    Defacto Relationship 654 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 6002 69.3
    Papua New Guinea 788 9.1
    South Africa 101 1.2
    United Kingdom 532 6.1
    Other 405 4.7
    Others 829 9.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 148 1.8
    Christianity 6008 72.2
    Hinduism 85 1.0
    Islam 90 1.1
    No Religion 1926 23.1
    Others 66 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 300 10.1
    $1,250-$1,499 283 9.5
    $1,500-$1,999 459 15.4
    $2,000-$2,499 359 12.1
    $2,500-$2,999 299 10.1
    Others 1272 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3306 46.5
    Not in the labour force 1905 26.8
    Employed, worked part-time 1331 18.7
    Employed, away from work 287 4.0
    Unemployed, looking for work 284 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 552 11.2
    Professionals 961 19.5
    Technicians & trades workers 758 15.4
    Clerical & administrative workers 900 18.3
    Sales 488 9.9
    Others 1262 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 121 6.1
    Infants/Primary 701 35.4
    Secondary 567 28.6
    Technical or Further Educational Institution 174 8.8
    University or other Tertiary Institutions 359 18.1
    Others 61 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7242 84.4
    Semi-detached, row or terrace house, townhouse 1283 15.0
    Flat, unit or apartment 43 0.5
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1317 40.8
    Fully owned 967 29.9
    Rented 921 28.5
    Other tenure type 24 0.7
    Tenure Type
Census 2011, ABS
Chart Table