At number 1174th in the list of Australian suburbs ordered by increase in median house value over the last year, Holland Park, 4121 is in the top 30% with a property value increase of 9.40% recorded in median house prices.
Holland Park,4121 has offered an average of 9.40% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Holland Park is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 689th in terms of most discounted suburbs in QLD
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 6.93%, investors should hope to achieve an overall return of 3.22%
Holland Park is an average performer in QLD when comparing median price capital growth over the last year. Holland Park gave property investors a average capital gain figure when compared to the rest of the state, with -0.21%.
Holland Park,4121 was ranked 679 in Australia by increase in median property value over the quarter.
At number 134th of QLD’s most discounted properties, Holland Park is in the middle of the state/territory when listing in order of most discounted to least.
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.