With a capital gain of -3.94% for the last 12 months, Holloways Beach, 4878 has performed for property investments than its average annual 2.26% property growth over the last 5 years.
Sellers are offering property buyers an average discount of -5.15% to buyers in Holloways Beach at the moment, which is less than average for the rest of QLD.
QLD has seen average median house prices change by 0.65% which means that Holloways Beach, 4878 has done well for property investors by showing a capital gain of 9.91% over the last year
Holloways Beach,4878 was ranked 897 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Holloways Beach should be aiming for at least -6.48% off the asking price, which is the average vendor discount being achieved at the moment.
A $272.5 per week rent on the median house gives suburb investors a gross yield of circa 7.52%, without taking into account capital value appreciation, which has been averaging out at 1.30%.