ACT has seen average median house prices change by 6.75% which means that Holt, 2615 has done well for property investors by showing a capital gain of 7.73% over the last year
Over the longer term, Holt has seen property prices show investors a 9.55% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Holt is giving property investors an average Vendor Discount of around -4.40%. This puts suburb at number 20th in ACT when ranking the most discounted suburbs.
With the median price for a house in Holt being $487500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.80%
Property value increases in Holt have tracked just higher than the ACT average of 2.38% over the last 12 months.
Across a shorter period, Holt, 2615 has seen a median price increase of -0.92% over the last quarter.
Property investors looking for a bargain in Holt should be aiming for at least -3.70% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Holt the average time real estate has been on the market is 63.27 days.
A $355 per week rent on the median house gives suburb investors a gross yield of circa 4.88%, without taking into account capital value appreciation, which has been averaging out at 3.25%.