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Property investors enjoyed capital gains of 1.63% over the last 12 months in SPRINGBROOK, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a -2.36% decrease over a ten-year period. It ranks 3893rd on our list of suburbs that property investors should look into.
With the median home price in SPRINGBROOK sitting at $406,500, and the average rent at $355, property owners could potentially earn a 4.54% increase in gross rental yield.
SPRINGBROOK, 4213 in QLD belongs to the local government area of Gold Coast.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $406,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.18% | N/A |
| Median 12 month | 1.63% | N/A |
| Median 3 years | 17.15% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | -2.36% | N/A |
| Weekly media advert. rent | $355 | N/A |
| Time on Market | 60.0 days | N/A |
| Gross Rental Yield Percent | 4.54% | N/A |
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