Holt has had a pretty good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 8.21% to date .
A 21.26% growth in median value for property investors in Holt,2615 puts this suburb at number 5th in terms of best performing suburbs in ACT
Property investors should expect to get $475 weekly from the median priced house in this suburb.
Property value increases in Holt have tracked just higher than the ACT average of 4.05% over the last 12 months.
Holt,2615 was ranked 235 in Australia by increase in median property value over the quarter.
Holt2615 is located in ACT which offers an average discount of -3.78% to property investors. Holt itself is showing figures that indicate -3.82% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 2.83 sales per month, which equates to 34 per year.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
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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.