As an investment opportunity, Springfield is definitely worth considering and it’s unlikely to slow down any time in the near future. Who knows, its upward trajectory and longevity may well be as strong as the animated town of Springfield itself.
Is Springfield Lakes a good place to invest?
If you are looking for an investment property, consider houses in Springfield Lakes rent out for $475 PW with an annual rental yield of 4.5% and units rent for $395 PW with a rental yield of 5.3%. Based on five years of sales, Springfield Lakes has seen a compound growth rate of 32.1% for houses and 14.9% for units.
Is Redbank Plains a good investment?
If you are looking for an investment property, consider houses in Redbank Plains rent out for $400 PW with an annual rental yield of 4.9% and units rent for $320 PW with a rental yield of 5.6%. Based on five years of sales, Redbank Plains has seen a compound growth rate of 33.8% for houses and -11.1% for units.
Is Springfield Lakes safe?
If you’re a Family or even a couple who love living the good life in a safe, well kept Suburb out of the City then Springfield Lakes is perfect for you!
Is Canberra a good investment?
The ACT’s annual growth rate coupled with continued investments in infrastructure and the community make Canberra a very enticing destination for shrewd investors looking to add to their rental property portfolio.
Is Springfield Qld a good investment?
Springfield has been a quiet achiever for many years but its slowly building a reputation as an excellent place to invest. The median house price is $408,000, compared to Brisbane, which has a median house price of $532,000.
Does Springfield Qld flood?
1 Answer. Springfield Lakes has not been subject to major flooding that has threatened housing. Like all areas the storm water run off in the creeks certainly affects the levels but not to the extent of causing damage to homes etc.
What is the best suburb in Ipswich?
Ripley and Collingwood Park were again named in the top five fastest growing suburbs, with 118 and 74 new residents respectively. It brings the city’s total population to 226,857 people.
Should I invest in Ipswich?
There’s no better time to invest in Ipswich!
Ipswich is projected to be the fastest growing region in Queensland with an annual growth rate of approx. 4.6% pa compared to Queensland’s state average of approx. 1.7% (OESR). By 2026 the local Ipswich economy is projected to be worth $12.7 billion.
Is Ipswich a good place to buy?
As the major hub for Suffolk, living in Ipswich is a fantastic option for buyers in 2021. The town is certainly not the most garish or extravagant location in the UK. Life is more peaceful here.
What is Springfield Lakes known for?
Springfield Lakes enjoys access to world class educational facilities, dining and shopping precincts and public transport options, with Orion Springfield Central and Brookwater Golf Course right on its doorstep. The vibrant community offers many living options from waterfront living to a city fringe lifestyle.
What are they building at Springfield Lakes?
The Springfield Lakes development will see a 10,000-apartment complex plus ancillary commercial and retail space constructed over the next 15 years.
How is Springfield Lakes a good suburb?
Springfield Lakes is a great suburb for families with children as it provides a good selection of primary, secondary and tertiary education facilities. It is home to the University of Southern Queensland – providing on-campus and distance education programs for a broad range of courses.
How much money do you need to buy a house in Canberra?
If you want to buy the median-priced home in Canberra’s most expensive suburb for 2014, you’ll need an annual salary of $116,500. (The suburb is Griffith, and the median house price is $1.005 million.)
What is the best suburb in Canberra?
Live Local: Canberra’s 9 Best Lifestyle Suburbs
- Barton. Nestled on the banks of Lake Burley Griffin, Barton is often considered Canberra’s most lifestyle-rich neighbourhood.
- Braddon.
- Hawker.
- Forrest.
- Yarralumla.
- Red Hill.
- Amaroo.
- Lyons.
Can you own land in Canberra?
99-year lease
All residential land in Canberra is leasehold, so technically nobody buys land in the nation’s capital, instead they lease the land for 99 years.
Is Spring Mountain a good investment?
Springfield Rise in Spring Mountain is fast growing a reputation of being the place to invest in SEQld and with 10.61%* capital growth in the last 6 months – we could potentially see 20%+ growth in 2021 as land supply is drying up and people are holding on to their homes demand is certainly exceeding supply at the
Is algester a good suburb?
Algester takes out first place in the latest PRDnationwide Brisbane hot spot report, with the suburb classed as affordable and liveable for both houses and units.
Which suburbs flooded in Brisbane?
Flood Affected Suburbs in Brisbane
| Acacia Ridge | Fairfield | Sinnamon Park |
|---|---|---|
| Chapel Hill | Jamboree Heights | Willawong |
| Chelmer | Jindalee | Wilston |
| Coopers Plains | Kangaroo Point | Windsor |
| Coorparoo | Karana Downs | Woolloongabba |
Is Ipswich prone to flooding?
Ipswich’s subtropical climate makes it susceptible to weather that can cause flooding from rivers, creeks and overland flow. As such, floods usually occur across the summer months of December to March where the city typically receives half of its average annual rainfall (900mm).
Which areas of Queensland are affected by the floods?
Intense rainfall has hit Brisbane, Ipswich, the Lockyer valley, Darling Downs, Moreton Bay, Sunshine Coast, Wide Bay-Burnett, Bundaberg and Gladstone, the result of a massive low-pressure trough. More than 170mm has fallen in 24 hours, with some places exceeding 260mm in two days.