Suburb Profile Report for Hollywell QLD (4216)

Hollywell House: Median price $621,000, Annual capital growth 2.41%, Number of sales 78, Weekly median advertised rent $575

Hollywell Unit: Median price $715,000, Annual capital growth -0.24%, Number of sales 29, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$621,000 $715,000
0.16% 4.38%
-3.35% 19.37%
2.41% -0.24%
$575 $650
78 29
4.81% 4.73%
65.58 122.91

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (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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