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Investment Property Springwood, QLD, 4127

Suburb Snapshot

Springwood is a suburb in the Logan Region of Queensland. Springwood has a population of 9,142 people and 26.81% of its occupants live in rental accommodation. The median listing price for houses is $950,000 and this has changed 11.76% over the past year and changed 19.87% over 2 years.

The median rent in Springwood for houses is $650 per week and the median rental yield is 3.55%. Stock on the market for houses/townhouses has changed -5.71% compared to last year and the average time to sell a house/townhouse is 84 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Springwood is $470 per week, producing a rental yield of NA.

Supply & Demand in Springwood, Logan

0.69%

Current vacancy rate


28

Rental stock available


9,142

Population


26.81%

Rental population


0.96%

Current vacancy rate


1,385

Rental stock available


303,383

Population


29.98%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Springwood, Logan

  House Townhouses Units
Median listing price $950,000 $549,500 NA
Median price change - last quarter 1.06% 3.67% NA
Median price change - 1 year 11.76% 37.54% NA
Median price change - 2 years 19.87% 57.00% NA
  House Townhouses Units
Median weekly rent $650 $495 $470
Median yield % 3.55% 4.68% NA
Median rent change - 1 year 8.33% 7.60% 9.30%
  House Units
Previous month sales 7 4
Stock on market previous month 33 5
Stock variance vs. last year -5.71% 25.00%
Average days on market 84 NA

Springwood investment property listings

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