Suburb Profile Report for Hollywell QLD (4216)

Hollywell House: Median price $621,000, Annual capital growth 2.03%, Number of sales 73, Weekly median advertised rent $583

Hollywell Unit: Median price $732,500, Annual capital growth -1.18%, Number of sales 32, Weekly median advertised rent $670

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Hollywell 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 -1.43%

While Hollywell,4216 ranked number 478th in QLD for increase in median house value (annualised) increase, it is ranked 428th over the last 5 years.

Hollywell4216 is located in QLD which offers an average discount of -7.32% to property investors. Hollywell itself is showing figures that indicate -5.18% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 6.08 sales per month, which equates to 73 per year.

With the median price for a house in Hollywell being $621000 and the advertised rent reaching $582.5 the gross rental yield for property investors calculates out to be 4.88%

Hollywell is in the TOP 20% in QLD when comparing median price capital growth over the last year. Hollywell gave property investors a very good capital gain figure when compared to the rest of the state, with 11.75%.

Across a shorter period, Hollywell, 4216 has seen a median price increase of 3.53% over the last quarter.

The most recent median price for Hollywell is $732500, with sellers offering an average of -8.18% off the asking price.

Using the current median advertised rental of $670 and the average annual increase in value of a median property of -1.18%, investors should hope to achieve an overall return of 4.76%

HOUSE UNIT
$621,000 $732,500
0.00% 3.53%
-1.43% 11.75%
2.03% -1.18%
$583 $670
73 32
4.88% 4.76%
70.13 132.17

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 2679
Median household income ($/weekly) 1261
Median age of persons 47
Median housing loan repayment ($/monthly) 2100
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 264 9.9
    35-44 years 368 13.7
    45-54 years 410 15.3
    55-64 years 448 16.7
    65-74 years 320 11.9
    Others 869 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 1201 56.8
    Not Married 733 34.7
    Defacto Relationship 179 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1895 73.7
    Papua New Guinea 251 9.8
    South Africa 21 0.8
    United Kingdom 185 7.2
    Other 75 2.9
    Others 143 5.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 1.3
    Christianity 1913 77.0
    Islam 13 0.5
    Other Religious Groups 6 0.2
    No Religion 517 20.8
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 104 10.8
    $600-$799 101 10.4
    $800-$999 97 10.0
    $1,500-$1,999 122 12.6
    $2,500-$2,999 96 9.9
    Others 447 46.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 847 38.7
    Employed, worked full-time 749 34.3
    Employed, worked part-time 435 19.9
    Unemployed, looking for work 86 3.9
    Employed, away from work 69 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 204 16.3
    Professionals 232 18.5
    Technicians & trades workers 189 15.1
    Clerical & administrative workers 193 15.4
    Sales 162 12.9
    Others 274 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 26 5.6
    Infants/Primary 194 41.5
    Secondary 131 28.1
    Technical or Further Educational Institution 49 10.5
    University or other Tertiary Institutions 62 13.3
    Others 5 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2035 79.3
    Flat, unit or apartment 364 14.2
    Semi-detached, row or terrace house, townhouse 145 5.7
    Caravan, cabin, houseboat 21 0.8
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 452 43.1
    Being purchased 340 32.4
    Rented 250 23.9
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals