Suburb Profile Report for Holland Park West QLD (4121)

Holland Park West House: Median price $685,000, Annual capital growth 6.81%, Number of sales 92, Weekly median advertised rent $460

Holland Park West Unit: Median price $420,000, Annual capital growth 3.79%, Number of sales 41, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Holland Park West is an average performer in QLD when comparing median price capital growth over the last year. Holland Park West gave property investors a average capital gain figure when compared to the rest of the state, with 1.48%.

A 27.09% growth in median value for property investors in Holland Park West,4121 puts this suburb at number 684th in terms of best performing suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Holland Park West is offering property investors an average of -7.10. This rate of discount on properties puts Suburb at number 705th in terms of most discounted suburbs in QLD

Residents and property investors in Holland Park West have been waiting around 57.66 days to sell a property.

Property investors should expect to get $460 weekly from the median priced house in this suburb.

Holland Park West has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.27% to date .

If we look at median property appreciation over just the last three months, Holland Park West has given property investors a paper return of -2.33%. This puts Suburb as 277 on a list of fastest fasting appreciating suburbs in QLD

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.08% offered to property buyers. Sellers in Holland Park West itself are offering an average vendor discount of -8.33% to real estate investors.

Advertised rents are around the $380 mark per week – giving a return of 4.70% based on the median price in Suburb

Metrics i HOUSE UNIT
$685,000 $420,000
-2.10% -2.33%
1.48% -2.27%
6.81% 3.79%
$460 $380
92 41
3.49% 4.70%
57.66 73.28

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 5965
Median household income ($/weekly) 1604
Median age of persons 35
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 616 10.3
    25-34 years 1123 18.8
    35-44 years 924 15.5
    45-54 years 716 12.0
    55-64 years 638 10.7
    Others 1948 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 2057 45.3
    Not Married 1933 42.5
    Defacto Relationship 555 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4366 77.0
    Indonesia 128 2.3
    Papua New Guinea 188 3.3
    United Kingdom 216 3.8
    Other 255 4.5
    Others 519 9.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 113 2.1
    Christianity 3746 68.7
    Islam 103 1.9
    Other Religious Groups 87 1.6
    No Religion 1308 24.0
    Others 95 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 177 8.5
    $1,000-$1,249 165 7.9
    $1,500-$1,999 278 13.4
    $2,000-$2,499 239 11.5
    $2,500-$2,999 209 10.1
    Others 1008 48.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2153 46.0
    Not in the labour force 1275 27.3
    Employed, worked part-time 910 19.5
    Employed, away from work 201 4.3
    Unemployed, looking for work 137 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 406 12.4
    Professionals 1054 32.3
    Technicians & trades workers 404 12.4
    Clerical & administrative workers 562 17.2
    Sales 259 7.9
    Others 579 17.7
    Occupation
    Census Count Percent(%)
    Pre-school 80 5.8
    Infants/Primary 444 32.0
    Secondary 244 17.6
    Technical or Further Educational Institution 125 9.0
    University or other Tertiary Institutions 442 31.9
    Others 51 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4615 81.3
    Flat, unit or apartment 779 13.7
    Semi-detached, row or terrace house, townhouse 285 5.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 798 35.6
    Rented 781 34.8
    Fully owned 660 29.4
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
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