Over the last year, property investments in Springfield Lakes, 4300 have given investors a capital gain of -1.18%. This compares badly with the 1.66% for QLD as a whole.
While Springfield Lakes,4300 ranked number 606th in QLD for increase in median house value (annualised) increase, it is ranked 613th over the last 5 years.
Vendor discounting in Springfield Lakes is giving property investors an average Vendor Discount of around -4.82%. This puts suburb at number 592th in QLD when ranking the most discounted suburbs.
With the median price for a house in Springfield Lakes being $420000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 5.08%