Holland Park, 4121 ranked 126th in QLD when comparing growth in median property values or capital gain over the last 12 months. Holland Park is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Holland Park has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Holland Park should be aiming for at least -4.74% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 6.67km from the CBD, Holland Park is one of Brisbane localities in the postcode 4121.
Over the last year, property investments in Holland Park, 4121 have given investors a capital gain of -0.82%. This compares badly with the 0.65% for QLD as a whole.
Holland Park, 4121 is offering QLD ‘s 112th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this QLD.
Residents and property investors in Holland Park have been waiting around 115.12 days to sell a property.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.40%, without taking into account capital value appreciation, which has been averaging out at 4.65%.
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.