Property investors who have had real estate in Holt, 2615 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 7.03%
Holt,2615 was ranked 1214 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -3.19% to buyers in Holt at the moment, which is less than average for the rest of ACT.
Holt is 17th on a list of best yielding suburbs for rents in ACT with a 4.66% return
Over the last year, property investments in Holt, 2615 have given investors a capital gain of 6.71%. This compares favourably with the 2.96% for ACT as a whole.
Comparing Holt,2615 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Holt is offering property investors an average of -3.45. This rate of discount on properties puts Suburb at number 47th in terms of most discounted suburbs in ACT
With the median price for a house in Holt being $350000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 5.65%
A suburb of the Belconnen district, Holt is seeing sustained growth as Canberra maintains its rise in the national property marketFull summary
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Affordable houses draw eyes to Belconnen suburb
Median house price: $485,000
Three-year growth: 9.0%
Rental yield: 4.8%
A suburb of the Belconnen district, Holt is seeing sustained growth as Canberra maintains its rise in the national property market.
The suburb saw over 6% growth in the past year leading up to July 2017 – even then, houses are reasonably priced at under $500,000. The strong average rental yield of 4.8% should definitely catch the eye of investors, and with its extremely tight vacancy rate of 0.2%, tenants will not be difficult to find.
Holt offers many conveniences while being close to the beauty of nature. It is bordered by bushland, and is close to both the Molongolo River and Ginniderra Falls Tourist Park. Meanwhile, Kippax Centre is home to a shopping centre that also serves the neighbouring suburb of Higgins, Latham and Macgregor.