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 37.8%, with a median house buy price of $3,100,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,580,000
$3,820,000
$3,100,000
Suburb Market Profile
Last month Springfield had 1 property available for rent and 3 properties for sale. Median property prices over the last year range from $3,100,000 for houses to $765,000 for units. If you are looking for an investment property, consider houses in Springfield rent out for $1,563 PW with an annual rental yield of 2.2% and units rent for $700 PW with a rental yield of 3.3%. Springfield has seen an annual compound growth rate of 37.8% for houses.