ACT has seen average median house prices change by 6.29% which means that Holt, 2615 has done well for property investors by showing a capital gain of 12.73% over the last year
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 buyers and investors in Holt 2615 should be seeing an average reduction in asking price of around -4.50% . This means that Holt is holding prices well when compared to other suburbs in ACT.
Holt is 26th on a list of best yielding suburbs for rents in ACT with a 4.33% return
Over the last year, property investments in Holt, 2615 have given investors a capital gain of 1.45%. This compares averagely with the 1.52% 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
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.63% offered to property buyers. Sellers in Holt itself are offering an average vendor discount of -6.19% to real estate investors.
Residents and property investors in Holt have been waiting around 54.94 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.