Investment property in Holt has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.54%
Holt,2615 was ranked 1280 in Australia by increase in median property value over the quarter.
In the last year 104 properties changed hands in Holt, which puts it as the 9th most active market in ACT when comparing the number of sales per suburb.
Holt, 2615’s gross rental yield is 4.93%
Property value increases in Holt have tracked just lower than the ACT average of 3.99% over the last 12 months.
If we look at median property appreciation over just the last three months, Holt has given property investors a paper return of -10.98%. This puts Suburb as 64 on a list of fastest fasting appreciating suburbs in ACT
Often selling an investment property can take time, and in Holt the average time real estate has been on the market is 37.7857 days.
Property investors should expect to get $397.5 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.