Giving property investors a a stable capital gain of 10.04% for the last year, Holland Park, 4121 is the 1271th highest performer in Australia in this respect.
Holland Park,4121 was ranked 1177 in Australia by increase in median property value over the quarter.
Property buyers and investors in Holland Park 4121 should be seeing an average reduction in asking price of around -4.53% . This means that Holland Park is holding prices well when compared to other suburbs in QLD.
At number 164 in a list of fastest selling suburbs, Holland Park is in the TOP 10% of suburbs in Australia with an average of days on market 36 for properties listed there.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 6.84%, investors should hope to achieve an overall return of 3.10%
Investment property in Holland Park has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.55%
When looking at the potential capital gains offered to property investors over the last 3 years, Holland Park comes in at number 99th in QLD.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.15% offered to property buyers. Sellers in Holland Park itself are offering an average vendor discount of -6.02% to real estate investors.
On average over the past year, suburb has had 2.83 sales per month, which equates to 34 per year.
Situated 3.30km from the CBD, Holland Park is one of Brisbane localities in the postcode 4121.
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.