Suburb Profile Report for Holland Park QLD (4121)

Holland Park House: Median price $705,000, Annual capital growth 6.85%, Number of sales 147, Weekly median advertised rent $430

Holland Park Unit: Median price $474,500, Annual capital growth 2.23%, Number of sales 29, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

QLD has seen average median house prices change by 1.88% which means that Holland Park, 4121 has done well for property investors by showing a capital gain of 10.68% over the last year

If we look at median property appreciation over just the last three months, Holland Park has given property investors a paper return of 1.81%. This puts Suburb as 249 on a list of fastest fasting appreciating suburbs in QLD

Sellers are offering property buyers an average discount of -5.21% to buyers in Holland Park at the moment, which is less than average for the rest of QLD.

In the last year 147 properties changed hands in Holland Park, which puts it as the 119th most active market in QLD when comparing the number of sales per suburb.

The QLD suburb of Holland Park, 4121 is in the Brisbane local government area.

Holland Park has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.16% to date .

The five-year average increase in median property values for Holland Park,4121 has given property investors a potential capital gain of 34.80% across each of those five years.

The most recent median price for Holland Park is $474500, with sellers offering an average of -4.69% off the asking price.

YIP MAG Information supplied by:

YIP MAG
January 2016

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While it’s outside the inner-ring of Brisbane that has been performing so well recently, there are signs Holland Park is attracting attention.Full summary

While it’s outside the inner-ring of Brisbane that has been performing so well recently, there are signs Holland Park is attracting attention.

On average, houses are spending 40 days on the market, which is shorter than most nearby suburbs, and Holland Park has also seen more houses sold over the past 12 months than its neighbours.

The median house price in Holland Park is also on the up, currently sitting at $645,000 after growing by 29% over the past three years.

In particular, Holland Park seems to be popular with young people; statistics from the ABS show the median age of residents in the suburb is 35, two years below the national median mark.

Around 10km from the Brisbane CBD, the amenities around Holland Park may have something to do with its attraction to young people.

Griffith University is close by; there are also a number of schools, while a nearby Westfield complex provides ample shopping opportunities.

Close
HOUSE UNIT
$705,000 $474,500
1.81% 3.15%
10.68% -2.16%
6.85% 2.23%
$430 $410
147 29
3.17% 4.49%
36.81 56.33

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 7848
Median household income ($/weekly) 1575
Median age of persons 35
Median housing loan repayment ($/monthly) 2167
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1122 14.3
    25-34 years 1140 14.5
    35-44 years 1390 17.7
    45-54 years 1029 13.1
    55-64 years 690 8.8
    Others 2477 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 2568 45.1
    Not Married 2518 44.2
    Defacto Relationship 605 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 6064 79.9
    Indonesia 73 1.0
    Papua New Guinea 230 3.0
    United Kingdom 314 4.1
    Other 399 5.3
    Others 514 6.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 84 1.2
    Christianity 5071 69.5
    Hinduism 54 0.7
    Islam 295 4.0
    No Religion 1734 23.8
    Others 60 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 217 8.3
    $1,500-$1,999 313 12.0
    $2,000-$2,499 277 10.6
    $2,500-$2,999 315 12.1
    $3,000-$3,499 213 8.1
    Others 1279 48.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2581 44.4
    Not in the labour force 1670 28.7
    Employed, worked part-time 1198 20.6
    Employed, away from work 215 3.7
    Unemployed, looking for work 149 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 504 12.6
    Professionals 1269 31.8
    Technicians & trades workers 514 12.9
    Community & personal service workers 333 8.3
    Clerical & administrative workers 646 16.2
    Others 729 18.2
    Occupation
    Census Count Percent(%)
    Pre-school 103 5.1
    Infants/Primary 788 39.1
    Secondary 457 22.7
    Technical or Further Educational Institution 161 8.0
    University or other Tertiary Institutions 444 22.0
    Others 64 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6907 92.1
    Flat, unit or apartment 359 4.8
    Semi-detached, row or terrace house, townhouse 232 3.1
    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 1095 38.7
    Rented 1030 36.4
    Fully owned 691 24.4
    Other tenure type 15 0.5
    Tenure Type
Census 2011, ABS
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