Based on its average 5-year and quarterly capital gains SPRINGFIELD LAKES, 4300 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that SPRINGFIELD LAKES, 4300 obtained a 1.19% growth over a ten-year period. It ranks 3519th on our list of suburbs that property investors should look into.
SPRINGFIELD LAKES, 4300 in QLD belongs to the local government area of Ipswich.
SPRINGFIELD LAKES, 4300 has a capital gain of 0.69% for the past year, which is lower than average compared to its 14.47% growth within a five-year period.
With the median home price in SPRINGFIELD LAKES sitting at $435,000, and the average rent at $395, property owners could potentially earn a 4.72% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SPRINGFIELD LAKES are low, as opposed to average gains per annum over the past five years.
Property investors enjoyed capital gains of 8.45% over the last 12 months in SPRINGFIELD LAKES, translating to lower returns compared with its peers in QLD.
SPRINGFIELD LAKES, 4300 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 $385,000.
Profits due to an upward trend in home prices in SPRINGFIELD LAKES, 4300 averaged 0.54% per annum over a 3-year period.
Home owners selling their properties and realtors in SPRINGFIELD LAKES usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $362.5 mark, reflecting a 4.9% increase in returns based on the current median price in SPRINGFIELD LAKES.
SPRINGFIELD LAKES, 4300 places 251st in Australia based on median property value growth during the quarter.