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Property investors enjoyed capital gains of 27.13% 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 9.75% growth over a ten-year period. It ranks 69th on our list of suburbs that property investors should look into.
SPRINGBROOK, 4213 has a capital gain of 27.13% for the past year, which is higher than average compared to its 71.2% growth within a five-year period.
Figures from the previous quarter show that capital gains for real estate buyers in SPRINGBROOK are low, as opposed to average gains per annum over the past five years.
SPRINGBROOK, 4213 in QLD belongs to the local government area of Gold Coast (C).
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $597,500 | N/A |
GROWTH REPORT | ||
Median Quarterly | 12.74% | N/A |
Median 12 month | 27.13% | N/A |
Median 3 years | 47.53% | N/A |
Median 5 years | 71.2% | N/A |
10 years average annual | 9.75% | N/A |
Weekly media advert. rent | N/A | N/A |
Time on Market | 24.5 days | N/A |
Gross Rental Yield Percent | N/A | N/A |