SPRINGFIELD 5062
State: SAPosiProp AI Investment Summary
SPRINGFIELD (SA 5062) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.2% and has experienced a 12-month capital growth of Up 45.7%, with a median house buy price of $2,550,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,790,000
$2,860,000
$2,550,000
Suburb Market Profile
Last month Springfield had 0 properties available for rent and 1 property for sale. Median property prices over the last year range from $2,550,000 for houses to $1,080,000 for units. If you are looking for an investment property, consider houses in Springfield rent out for $1,600 PW with an annual rental yield of 2.2% and units rent for $700 PW with a rental yield of 3.5%. Springfield has seen an annual compound growth rate of 45.7% for houses and 41.2% for units.
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