Property investors have seen a -1.22% drop in SPRINGDALE HEIGHTS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SPRINGDALE HEIGHTS, 2641 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $607,500
Profits averaged 8.33% per annum over a 3-year period, due to an upward trend in home prices in SPRINGDALE HEIGHTS, 2641.
This means, real estate investors could earn a rental income of $520 based on current median home prices for the suburb.
The gross rental yield in SPRINGDALE HEIGHTS, 2641 is 4.45%.
An average of 4.67 real estate transactions take place per month in SPRINGDALE HEIGHTS which translates to 56 per annum.