QLD has seen average median house prices change by 2.45% which means that Holland Park, 4121 has done well for property investors by showing a capital gain of 4.96% over the last year
Taking the average capital gain, or increase in median house value, Holland Park,4121 has racked up an average of 4.96% over the period. This ranks it number 1760th in the whole country for real estate investors looking at median house price increases.
Holland Park, 4121 is offering QLD ‘s 697th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.25%, without taking into account capital value appreciation, which has been averaging out at 5.66%.
Holland Park has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.00% to date .
Comparing Holland Park,4121 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Holland Park are currently offering property investors an average price cut of -5.82% below the asking price at the moment.
At number 1245 in a list of fastest selling suburbs, Holland Park is in the bottom 20% of suburbs in Australia with an average of days on market 109.53 for properties listed there.
Advertised rents are around the $410 mark per week – giving a return of 4.58% based on the median price in Suburb
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.