Hollywell is in the bottom 30% in QLD when comparing median price capital growth over the last year. Hollywell gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.59%.
A 20.51% growth in median value for property investors in Hollywell,4216 puts this suburb at number 365th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Hollywell should be aiming for at least -5.10% off the asking price, which is the average vendor discount being achieved at the moment.
A $590 per week rent on the median house gives suburb investors a gross yield of circa 4.95%, without taking into account capital value appreciation, which has been averaging out at 2.87%.
Investment property in Hollywell has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.35%
While Hollywell,4216 ranked number 305th in QLD for increase in median house value (annualised) increase, it is ranked 307th over the last 5 years.
At number 11th of QLD’s most discounted properties, Hollywell is in the bottom 10% of the state/territory when listing in order of most discounted to least.