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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 222 properties available for sale. The median property price for a house is currently 745,000 with annual capital growth of 33.04 . There were 205 house sales in the past 12 months. On average, houses spend 10 days on market.

If you're thinking about buying an investment property in Springwood, consider that rental yields for houses are currently 3.70 with an average median rent of 500 weekly. Houses have seen 9.56 growth in the past quarter, and 33.04 growth in the past 12 months.

The size of Springwood is approximately 6.1 square kilometres. It has 20 parks covering nearly 10.7% 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 49 properties available for sale. The median property price for a unit is currently 310,000 with annual capital growth of 21.57 . There were 59 unit sales in the past 12 months. On average, units spend 14 days on market.

If you're thinking about buying an investment property in Springwood, consider that rental yields for units are currently 6.34 with an average median rent of 370 weekly. Units have seen 15.24 growth in the past quarter, and 21.57 growth in the past 12 months.

The size of Springwood is approximately 6.1 square kilometres. It has 20 parks covering nearly 10.7% 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 745,000 310,000
Quarterly growth +9.56 +15.24
12-month growth +33.04 +21.57
Average annual growth +8.52 +1.84
Weekly median rent 500 370
Gross rental yield 3.70 6.34
Number of sales 205 59
Days on market 10 14
Jump to Market Trends
Key Demographics 2011 2016
Total population 8,990 9,140
5YR Population change +0.44 +1.70
Median household income (p/w) 1,448 1,582
5YR Household income change +20.17 +9.25
Median loan repayment (p/m) 151 152
Median age of persons 37 37
Jump to Demographics Trends
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