If you compare the increase in value of investment property in Holland Park, 4121 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 6.36%.
Taking the average capital gain, or increase in median house value, Holland Park,4121 has racked up an average of 6.36% over the period. This ranks it number 1181th in the whole country for real estate investors looking at median house price increases.
Holland Park4121 is located in QLD which offers an average discount of -7.23% to property investors. Holland Park itself is showing figures that indicate -4.45% is the average achievable by property buyers investing in the suburb.
At number 204 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 39.56 for properties listed there.
Property investors should expect to get $430 weekly from the median priced house in this suburb.
At number 1334th in the list of Australian suburbs ordered by increase in median house value over the last year, Holland Park, 4121 is in the BOTTOM 30% with a property value increase of -3.20% recorded in median house prices.
Holland Park,4121 was ranked 1363 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 -3.68% . This means that Holland Park is holding prices well when compared to other suburbs in QLD.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.
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.