With a capital gain of -2.20% for the last 12 months, Hollywell, 4216 has performed for property investments than its average annual 2.52% property growth over the last 5 years.
Hollywell,4216 has offered an average of -2.20% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Hollywell is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 623th in terms of most discounted suburbs in QLD
At number 1534 in a list of fastest selling suburbs, Hollywell is just in the top half of suburbs in Australia with an average of days on market 71.9 for properties listed there.
Hollywell, 4216’s gross rental yield is 4.98%
Investment property in Hollywell has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.34%
Taking the average capital gain, or increase in median house value, Hollywell,4216 has racked up an average of 11.34% over the period. This ranks it number 1058th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Hollywell should be aiming for at least -9.87% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $635 mark per week – giving a return of 4.93% based on the median price in Suburb