Suburb Profile Report for Hollywell QLD (4216)

Hollywell House: Median price $626,000, Annual capital growth 2.21%, Number of sales 76, Weekly median advertised rent $550

Hollywell Unit: Median price $695,000, Annual capital growth -0.14%, Number of sales 26, Weekly median advertised rent $635

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Hollywell, 4216 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.03%

Hollywell,4216 has offered an average of -1.03% 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 -7.31. This rate of discount on properties puts Suburb at number 633th in terms of most discounted suburbs in QLD

A $550 per week rent on the median house gives suburb investors a gross yield of circa 4.57%, without taking into account capital value appreciation, which has been averaging out at 2.21%.

Hollywell has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 16.03% to date .

Hollywell,4216 was ranked 649 in Australia by increase in median property value over the quarter.

Vendor discounting in Hollywell is giving property investors an average Vendor Discount of around -8.38%. This puts suburb at number 33th in QLD when ranking the most discounted suburbs.

In the last year 26 properties changed hands in Hollywell, which puts it as the 262th most active market in QLD when comparing the number of sales per suburb.

Using the current median advertised rental of $635 and the average annual increase in value of a median property of -0.14%, investors should hope to achieve an overall return of 4.75%

HOUSE UNIT
$626,000 $695,000
0.32% 1.46%
-1.03% 16.03%
2.21% -0.14%
$550 $635
76 26
4.57% 4.75%
65.26 127.45

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (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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