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Springwood, QLD 4127

Home » QLD Real Estate Data » Logan City, QLD » Springwood, QLD 4127

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Springwood, QLD 4127 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Springwood, QLD 4127”

  1. The total adult population (15 years or older) of Springwood 4127 QLD is 7,984, with a median age of 40. Of those, 47.44% are married, 13.33% are divorced or separated, 33.55% are single and 5.72% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $8,236. The median monthly mortgage repayment for households in this suburb is $1,733 which is 21.04% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Springwood 4127, located in Queensland (QLD), houses approximately 4738 distinct households. As we move into Q3 of 2023, the standard price for houses in this area has reached $818,359. The median weekly rent is pegged at $586, producing a promising indicative yield of about 3.72%.

    Considering the socio-economic setting of Springwood 4127, the IRSAD score is a solid 1006 out of 1217. This positions the population of Springwood 4127 in a strong socio-economic status, engaging in skilled professions and achieving a relatively decent level of income.

    The renter to owner ratio stands at 28%, ergo, placing the property market in a favourable region. This ratio indicates an attractive spread of owner-occupiers to renters, which can lead to better long-term returns for investors and a well-balanced neighbourhood vibe.

    The affordability index for houses, which equates to 39 years, is on the higher end, indicating the potential challenges for home purchases due to factors such as high property prices, current interest rates and median family income. However, this should not act as a de-motivating factor for potential investors as other key property markers show positive signs.

    The stock on market Percentage for houses is at a mere 0.22%; this relays a favourable condition where supply is low and competition among sellers is less. The inventory level echoes this narrative with a brisk rate of 0.79 months. Adding to the positive trend, the building approvals Ratio maintains a low 0.22%, suggesting a controlled increase in property count and also minimising the supply pressure.

    The speedy days on market (DoM) average of 19 days augurs well for sellers, as it infers a high demand for property in Springwood 4127. The vacancy rate, considering both houses and units, lies at a comfortable 1.54%, indicating a balanced demand with little supply – a rewarding situation for property investors.

    Lastly, the buy search index for houses is 4 which demonstrates moderate interest among prospects for property buying in Springwood 4127.

    While it’s crucial to acknowledge that some metrics lie in the unfavourable range, it is also important to understand the overall trend indicates a largely positive market condition. The Relative Composite Score (RCS) by HtAG Analytics can further guide potential investors by leveraging over 80 different metrics, automating their analysis process and offering a more comprehensive insight into the real estate obstacles and opportunities in Springwood 4127.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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