At number 3105th in the list of Australian suburbs ordered by increase in median house value over the last year, Hollywell, 4216 is in the BOTTOM 30% with a property value increase of -1.59% recorded in median house prices.
If we look at median property appreciation over just the last three months, Hollywell has given property investors a paper return of 1.64%. This puts Suburb as 275 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Hollywell should be aiming for at least -4.55% off the asking price, which is the average vendor discount being achieved at the moment.
With a capital gain of 13.22% for the last 12 months, Hollywell, 4216 has performed for property investments than its average annual 1.12% property growth over the last 5 years.
While Hollywell,4216 ranked number 63th in QLD for increase in median house value (annualised) increase, it is ranked 308th over the last 5 years.
At number 9th 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.
Often selling an investment property can take time, and in Hollywell the average time real estate has been on the market is 131.55 days.
Advertised rents are around the $670 mark per week – giving a return of 5.09% based on the median price in Suburb