4/15 Magellan Rd, Springwood is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1992. The property has a land size of 137m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2017.
Proudly presenting Rosewood Court - A fully gated complex situated in the highly sought after Magellan Road of Springwood. This secure complex attracts quality home owners and tenants. Townhouse unit 4 is a blue-chip investment with strong rental returns and low-maintenance for easy investing and living. For investors - You inherit lovely, reliable tenants who takes great care of the place whom are currently paying $325 per week and are happy to keep renting. For home buyers - The tenants' lease ends in September 2017, so you can buy and get income of $325 pw for the first few months and then move in after September.
Location - This area is set to take off with Rosewood Court being right across to one of Springwood s most exclusive shopping centres, Chatswood Central Shopping Centre. A multi-million investment will transform the centre into a contemporary shopping and lifestyle hub. Also conveniently located with city buses right at the doorstep, short drive to the Hyperdome shopping and restaurants hub and quick access to the M1 - 20 minutes drive to the city and 35 minutes drive to the Gold Coast. A big bonus for parents - walk to a couple of great schools, the renowned John Paul College and St Edwards Catholic Primary, you would have given your children a great head start in life!
Downstairs features:
The size of Springwood is approximately 6.1 square kilometres. It has 20 parks covering nearly 11.1% of total area. The population of Springwood in 2016 was 9148 people. By 2021 the population was 9710 showing a population growth of 6.1% in the area during that time. The predominant age group in Springwood is 30-39 years. Households in Springwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springwood work in a professional occupation.In 2021, 66.80% of the homes in Springwood were owner-occupied compared with 68.20% in 2016.
Springwood has 4,249 properties. Over the last 5 years, Houses in Springwood have seen a 116.10% increase in median value, while Units have seen a 142.86% increase. As at 31 December 2025:
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