Suburb Profile Report for Hollywell QLD (4216)

Hollywell House: Median price $620,000, Annual capital growth 2.87%, Number of sales 70, Weekly median advertised rent $590

Hollywell Unit: Median price $655,500, Annual capital growth 0.43%, Number of sales 21, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

HOUSE UNIT
$620,000 $655,500
0.81% -3.60%
-1.59% 8.35%
2.87% 0.43%
$590 $650
70 21
4.95% 5.16%
77.23 124.17

Source: CoreLogic

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