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Spring Terrace is a suburb in Area of Cabonne, Australia with 125 residents. The median house price is $535K with a rental yield of 2.5%. Our analysis rates Spring Terrace with a suburb score of 78/100 for investment timing.
Property prices in this suburb are rising and capital growth momentum is positive. While the early buying opportunity has passed, the market continues to show strength. Monitor price growth trends and vendor discounting to time your investment.
78
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Spring Terrace has a suburb score of 78/100 for investment timing, placing it in the moderate investment category within Area of Cabonne. The suburb shows balanced fundamentals for property investment, with reasonable growth potential and stable rental returns. Investors seeking a mix of capital growth and rental yield may find Spring Terrace suitable for their portfolio.
Spring Terrace's capital growth outlook is moderate based on current market indicators. Spring Terrace shows stable growth fundamentals with some variation across different property types. Investors should consider factors like proximity to amenities, school catchments, and infrastructure developments when assessing individual property growth potential.
Spring Terrace is located within Area of Cabonne Local Government Area in Australia. Area of Cabonne encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Spring Terrace is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Spring Terrace is $535K based on recent sales data. At this price point, Spring Terrace offers an affordable entry into the Australia property market, potentially providing higher rental yields and cash flow positive investment opportunities.
Spring Terrace has an average rental yield of 2.5%, which is below the national average, which is common in premium or high-growth suburbs where investors prioritize capital appreciation over rental income. Investors in Spring Terrace typically focus on long-term wealth building rather than immediate cash flow.
Spring Terrace has a population of approximately 125 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Spring Terrace is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Spring Terrace's suburb score of 78/100 can be compared against other suburbs in Area of Cabonne to identify relative investment value. With a score between 50-80, Spring Terrace sits in the middle tier of Area of Cabonne suburbs. Some neighboring suburbs may offer better timing opportunities while others may be less favorable. Compare all suburbs in Area of Cabonne using our platform to find the best investment opportunities.