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.
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
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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.Close
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.