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Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
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Market Report

Springwood has 146 houses available for sale. The median property price for a house is currently 915,000 with annual capital growth of 17.31 . There were 111 house sales in the past 12 months. On average, houses spend 16 days on market.

If you're thinking about buying an investment property in Springwood, consider that rental yields for houses are currently 3.80 with an average median rent of 628 weekly. Houses have seen 3.39 growth in the past quarter, and 17.31 growth in the past 12 months.

The size of Springwood is approximately 6.1 square kilometres. It has 20 parks covering nearly 11.1% of total area. The population of Springwood in 2011 was 8,990 people. By 2016 the population was 9,140 showing a population growth of 1.7% in the area during that time. The predominant age group in Springwood is 30-39 years.

Households in Springwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springwood work in a professional occupation. In 2011, 69.6% of the homes in Springwood were owner-occupied compared with 68.2% in 2016.

Springwood has 33 units available for sale. The median property price for a unit is currently 494,250 with annual capital growth of 26.73 . There were 52 unit sales in the past 12 months. On average, units spend 8 days on market.

If you're thinking about buying an investment property in Springwood, consider that rental yields for units are currently 5.49 with an average median rent of 485 weekly. Units have seen 12.33 growth in the past quarter, and 26.73 growth in the past 12 months.

The size of Springwood is approximately 6.1 square kilometres. It has 20 parks covering nearly 11.1% of total area. The population of Springwood in 2011 was 8,990 people. By 2016 the population was 9,140 showing a population growth of 1.7% in the area during that time. The predominant age group in Springwood is 30-39 years.

Households in Springwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springwood work in a professional occupation. In 2011, 69.6% of the homes in Springwood were owner-occupied compared with 68.2% in 2016.

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Key Market Data House Unit
Median price 915,000 494,250
Quarterly growth +3.39 +12.33
12-month growth +17.31 +26.73
Average annual growth +11.75 +12.63
Weekly median rent 628 485
Gross rental yield 3.80 5.49
Number of Sales (12m) 111 52
Avg. Days on Market (12m) 16 8
Jump to Market Trends
Key Demographics 2011 2016
Total population 8,990 9,140
Population change (5y) +0.44 +1.70
Median household income (p/w) 1,448 1,582
Household income change (5y) +20.17 +9.25
Median age of persons 37 37
Jump to Demographics Trends
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