Property investors who have had real estate in Holder, 2611 should be relatively pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.11%
Taking the average capital gain, or increase in median house value, Holder,2611 has racked up an average of 11.11% over the period. This ranks it number 763th in the whole country for real estate investors looking at median house price increases.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 3.07%, investors should hope to achieve an overall return of 3.81%
Holder, 2611 ranked 4th in ACT when comparing growth in median property values or capital gain over the last 12 months. Holder is one of 126 in our list for ACT
If we look at median property appreciation over just the last three months, Holder has given property investors a paper return of 0.00%. This puts Suburb as 43 on a list of fastest fasting appreciating suburbs in ACT
In the last year 18 properties changed hands in Holder, which puts it as the 44th most active market in ACT when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $21970 per annum or $422.5 every week.
Information supplied by:
Central suburb maintains price increase
Median house price: $665,000
Three-year growth: 12.0%
Rental yield: 4.7%
Situated in Canberra’s Weston Creek district, Holder is a centrally located suburb that offers convenience to its residents.
The suburb provides views of Mount Stromlo and Belconnen. Westfield Woden is a short distance away, and there is a shopping centre within Holder itself. There are many dining options and cafes for those who want to relax and have a nice meal. Holder is also perfect for families with children, with a number of childcare centres, a primary school and a high school in the vicinity.
The suburb has enjoyed a steady uptick in house prices each year since February 2014, with an average annual growth rate of 4.8%. In the year to February 2019 alone, values rose by 7.8%.