Investment property in Springfield Lakes has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.58%
Over the longer term, Springfield Lakes has seen property prices show investors a 4.00% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Springfield Lakes 4300 should be seeing an average reduction in asking price of around -3.71% . This means that Springfield Lakes is holding prices well when compared to other suburbs in QLD.
Springfield Lakes is 332th on a list of best yielding suburbs for rents in QLD with a 4.79% return
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Springfield Lakes has fallen somewhat when compared to the 5 year average annual rate.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 1.05%, investors should hope to achieve an overall return of 5.84%