If you compare the increase in value of investment property in Springwood, 4127 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 11.06%.
Springwood,4127 was ranked 1602 in Australia by increase in median property value over the quarter.
Vendor discounting in Springwood is giving property investors an average Vendor Discount of around -4.83%. This puts suburb at number 318th in QLD when ranking the most discounted suburbs.
On average over the past year, suburb has had 12.67 sales per month, which equates to 152 per year.
Springwood, 4127’s gross rental yield is 4.05%
Property investors who have had real estate in Springwood, 4127 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.34%
Springwood,4127 has offered an average of -1.34% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Springwood is offering property investors an average of -4.64. This rate of discount on properties puts Suburb at number 101th in terms of most discounted suburbs in QLD
Residents and property investors in Springwood have been waiting around 81.9091 days to sell a property.
Springwood, 4127’s gross rental yield is 7.07%