Suburb Profile Report for Hollywell QLD (4216)

Hollywell House: Median price $623,000, Annual capital growth 1.64%, Number of sales 59, Weekly median advertised rent $575

Hollywell Unit: Median price $746,000, Annual capital growth -1.30%, Number of sales 35, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

Hollywell has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.48% to date .

A 22.16% growth in median value for property investors in Hollywell,4216 puts this suburb at number 415th in terms of best performing suburbs in QLD

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.10% offered to property buyers. Sellers in Hollywell itself are offering an average vendor discount of -7.33% to real estate investors.

Often selling an investment property can take time, and in Hollywell the average time real estate has been on the market is 79.69 days.

The QLD suburb of Hollywell, 4216 is in the Gold Coast local government area.

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 9.71%.

The five-year average increase in median property values for Hollywell,4216 has given property investors a potential capital gain of 18.04% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hollywell, 4216. Typically our figures indicate that -6.77% is being offered, which puts this QLD suburb at 314th most discounted overall in Australia.

Often selling an investment property can take time, and in Hollywell the average time real estate has been on the market is 138.81 days.

Using the current median advertised rental of $650 and the average annual increase in value of a median property of -1.30%, investors should hope to achieve an overall return of 4.53%

Metrics i HOUSE UNIT
$623,000 $746,000
0.48% 5.44%
0.48% 9.71%
1.64% -1.30%
$575 $650
59 35
4.80% 4.53%
79.69 138.81

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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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