Suburb Profile Report for Holland Park West QLD (4121)

Holland Park West House: Median price $696,944, Annual capital growth 7.10%, Number of sales 92, Weekly median advertised rent $460

Holland Park West Unit: Median price $420,000, Annual capital growth 4.26%, Number of sales 21, Weekly median advertised rent $378

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Holland Park West, 4121 have given investors a capital gain of 4.02%. This compares averagely with the 2.51% for QLD as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Holland Park West comes in at number 109th in QLD.

Sellers are offering property buyers an average discount of -4.53% to buyers in Holland Park West at the moment, which is less than average for the rest of QLD.

In the last year 92 properties changed hands in Holland Park West, which puts it as the 259th most active market in QLD when comparing the number of sales per suburb.

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

Property value increases in Holland Park West have tracked just lower than the QLD average of 0.65% over the last 12 months.

Holland Park West,4121 was ranked 1241 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Holland Park West, 4121. Typically our figures indicate that -7.95% is being offered, which puts this QLD suburb at 184th most discounted overall in Australia.

At number 552 in a list of fastest selling suburbs, Holland Park West is in the TOP 40% of suburbs in Australia with an average of days on market 67.57 for properties listed there.

Using the current median advertised rental of $377.5 and the average annual increase in value of a median property of 4.26%, investors should hope to achieve an overall return of 4.67%

Metrics i HOUSE UNIT
$696,944 $420,000
1.01% -1.06%
4.02% -1.18%
7.10% 4.26%
$460 $378
92 21
3.43% 4.67%
47.72 67.57

Source: CoreLogic

DSR Score for property investment : Good (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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