With a capital gain of -3.35% for the last 12 months, Hollywell, 4216 has performed for property investments than its average annual 2.41% property growth over the last 5 years.
Comparing Hollywell,4216 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Hollywell are currently offering property investors an average price cut of -4.99% below the asking price at the moment.
The QLD suburb of Hollywell, 4216 is in the Gold Coast local government area.
Hollywell, 4216 ranked 12th in QLD when comparing growth in median property values or capital gain over the last 12 months. Hollywell is one of 2415 in our list for QLD
Across a shorter period, Hollywell, 4216 has seen a median price increase of 4.38% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Hollywell is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 40th in terms of most discounted suburbs in QLD
In the last year 29 properties changed hands in Hollywell, which puts it as the 255th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of -0.24%, investors should hope to achieve an overall return of 4.73%