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AREA REPORTS

Springfield

Suburb Profile

Springfield - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2250

house

Figures from the previous quarter show that capital gains for real estate buyers in SPRINGFIELD are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.

On average, rents on listings have reached the $480 mark, reflecting a 3.77% increase in returns based on the current median price in SPRINGFIELD.

SPRINGFIELD, 2250 ranks 671st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 541st on the list of best yielding suburbs for rental properties in NSW, posting a 3.77% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $662,500 N/A
GROWTH REPORT
Median Quarterly 1.92% N/A
Median 12 month -3.28% N/A
Median 3 years 20.45% N/A
Median 5 years 43.71% N/A
10 years average annual 7.1% N/A
Weekly media advert. rent $480 N/A
Time on Market 55.7 days N/A
Gross Rental Yield Percent 3.77% N/A
demographics (median values)
Total Population
4058
Weekly Household Income
1075
Household Size
2.80
demographics
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