Over the last year, property investments in Holloways Beach, 4878 have given investors a capital gain of -1.25%. This compares badly with the 2.38% for QLD as a whole.
While Holloways Beach,4878 ranked number 311th in QLD for increase in median house value (annualised) increase, it is ranked 286th over the last 5 years.
Our latest figures would indicate that property sellers in Holloways Beach are currently offering property investors an average price cut of -4.94% below the asking price at the moment.
With the median price for a house in Holloways Beach being $395000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 5.27%
Holloways Beach is in the TOP 10% in QLD when comparing median price capital growth over the last year. Holloways Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 12.57%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Holloways Beach has fallen somewhat when compared to the 5 year average annual rate.
Vendor discounting in Holloways Beach is giving property investors an average Vendor Discount of around -6.54%. This puts suburb at number 107th in QLD when ranking the most discounted suburbs.