Property value increases in Holt have tracked higher than the ACT average of 6.10% over the last 12 months.
Over the longer term, Holt has seen property prices show investors a 26.07% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Holt, 2615. Typically our figures indicate that -4.50% is being offered, which puts this ACT suburb at 2799th most discounted overall in Australia.
Situated 12.22km from the CBD, Holt is one of Unincorporated ACT localities in the postcode 2615.
Holt has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -6.49% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Holt has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Holt should be aiming for at least -5.87% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Holt have been waiting around 53.87 days to sell a property.
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.