Property value increases in Holland Park West have tracked just higher than the QLD average of 1.88% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Holland Park West has increased when compared to the 5 year average annual rate.
At number 703th of QLD’s most discounted properties, Holland Park West is in the TOP 20% of the state/territory when listing in order of most discounted to least.
In the last year 98 properties changed hands in Holland Park West, which puts it as the 235th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 7.03%, investors should hope to achieve an overall return of 3.48%
Giving property investors a an unimpressive capital gain of -2.10% for the last year, Holland Park West, 4121 is the 1256th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Holland Park West,4121 has racked up an average of -2.10% over the period. This ranks it number 1133th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -2.79% to buyers in Holland Park West at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
Situated 5.67km from the CBD, Holland Park West is one of Brisbane localities in the postcode 4121.