Suburb Profile Report for Springwood QLD (4127)

Springwood House: Median price $520,000, Annual capital growth 2.60%, Number of sales 129, Weekly median advertised rent $430

Springwood Unit: Median price $305,000, Annual capital growth 1.67%, Number of sales 68, Weekly median advertised rent $330

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

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  • Unit Report

With a capital gain of 4.63% for the last 12 months, Springwood, 4127 has performed for property investments than its average annual 2.60% property growth over the last 5 years.

Springwood,4127 has offered an average of 4.63% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Springwood 4127 should be seeing an average reduction in asking price of around -4.37% . This means that Springwood is holding prices well when compared to other suburbs in QLD.

Property investors should expect to get $430 weekly from the median priced house in this suburb.

Over the last year, property investments in Springwood, 4127 have given investors a capital gain of 1.84%. This compares averagely with the 0.66% for QLD as a whole.

A 22.61% growth in median value for property investors in Springwood,4127 puts this suburb at number 365th in terms of best performing suburbs in QLD

The most recent median price for Springwood is $305000, with sellers offering an average of -6.84% 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 69.5 days.

Situated 13.81km from the CBD, Springwood is one of Logan localities in the postcode 4127.

Metrics i HOUSE UNIT
$520,000 $305,000
0.00% -22.39%
4.63% 1.84%
2.60% 1.67%
$430 $330
129 68
4.30% 5.63%
42.32 69.5

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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
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Recent sales & rentals