QLD has seen average median house prices change by 0.88% which means that Springwood, 4127 has done well for property investors by showing a capital gain of 0.96% over the last year
Springwood,4127 was ranked 1180 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Springwood are currently offering property investors an average price cut of -5.95% below the asking price at the moment.
Often selling an investment property can take time, and in Springwood the average time real estate has been on the market is 62.0606 days.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.46%, without taking into account capital value appreciation, which has been averaging out at 2.84%.
QLD has seen average median house prices change by -0.13% which means that Springwood, 4127 has not done well for property investors by showing a capital gain of -0.83% over the last year
Across a shorter period, Springwood, 4127 has seen a median price increase of 3.85% over the last quarter.
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 -4.95% is being offered, which puts this QLD suburb at 832th most discounted overall in Australia.
Residents and property investors in Springwood have been waiting around 86.5 days to sell a property.
Situated 20.17km from the CBD, Springwood is one of Logan (C) localities in the postcode 4127.