Property value increases in Holland Park have tracked just higher than the QLD average of 1.98% over the last 12 months.
Comparing Holland Park,4121 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Holland Park is $692500, with sellers offering an average of -4.58% off the asking price.
Holland Park, 4121 ranked 303th 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
Across a shorter period, Holland Park, 4121 has seen a median price increase of -7.22% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Holland Park is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 234th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.
Holland Park, 4121’s gross rental yield is 4.97%
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.