Over the last year, property investments in Holt, 2615 have given investors a capital gain of 2.25%. This compares badly with the 5.72% for ACT as a whole.
While Holt,2615 ranked number 63th in ACT for increase in median house value (annualised) increase, it is ranked 70th over the last 5 years.
Sellers are offering property buyers an average discount of -3.45% to buyers in Holt at the moment, which is less than average for the rest of ACT.
In the last year 50 properties changed hands in Holt, which puts it as the 28th most active market in ACT when comparing the number of sales per suburb.
Advertised rents are around the $420 mark per week – giving a return of 4.80% based on the median price in Suburb
Holt is in the TOP 30% in ACT when comparing median price capital growth over the last year. Holt gave property investors a good capital gain figure when compared to the rest of the state, with 5.00%.
When looking at the potential capital gains offered to property investors over the last 3 years, Holt comes in at number 16th in ACT.
Property investors looking for a bargain in Holt should be aiming for at least -4.22% 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 88.88 days.