Powered by MOMENTUM MEDIA
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 $450 based on current median home prices for the suburb.

On average, rents on listings have reached the $450 mark, reflecting a 3.6% increase in returns based on the current median price in SPRINGFIELD.

SPRINGFIELD, 2250 ranks 1068th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 508th on the list of best yielding suburbs for rental properties in NSW, posting a 3.6% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $650,000 N/A
GROWTH REPORT
Median Quarterly -3.99% N/A
Median 12 month -4.2% N/A
Median 3 years 9.24% N/A
Median 5 years 37.1% N/A
10 years average annual 6.56% N/A
Weekly media advert. rent $450 N/A
Time on Market 38.7 days N/A
Gross Rental Yield Percent 3.6% N/A
demographics (median values)
Total Population
4058
Weekly Household Income
1075
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Rental moratorium extension

Rental moratorium extension to create ‘perfect storm’ for mum and dad investors

The NSW government’s decision to extend its rental moratorium has been hit with criticism, with flow-on effects set to severely impact mum...

Lending changes to see home ownership boost

Lending changes to see home ownership boost

Master Builders Australia has said that recent lending changes are set to provide a big boost for home ownership and bolster economic recov...

FHBs bearing heavier deposit burden

FHBs bearing heavier deposit burden: Domain

Housing affordability pressures have intensified for first home buyers in five of Australia’s major capitals, who now require more time to...

Are we nearing another property boom?

Wealthi investment director Stephanie Davies has acknowledged that we’re seeing a lot of markets retracting and property values taking a d...

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: How hype can hinder good investment decisions

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: How hype can hinder good investment decisions

There’s no shortage of information in the media speculating on the state of the Australian property market, but Right Property Group’s V...

Total auction volumes

Total auction volumes up 24%

The number of homes expected to go under the hammer across the combined capital cities is expected to rise 24 per cent week-on-week. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.