Holt, 2615 ranked 3rd in ACT when comparing growth in median property values or capital gain over the last 12 months. Holt is one of 126 in our list for ACT
Holt,2615 has offered an average of 14.29% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -6.98% to buyers in Holt at the moment, which is less than average for the rest of ACT.
Often selling an investment property can take time, and in Holt the average time real estate has been on the market is 63.4524 days.
ACT has seen average median house prices change by 3.89% which means that Holt, 2615 has done well for property investors by showing a capital gain of 10.96% over the last year
If we look at median property appreciation over just the last three months, Holt has given property investors a paper return of 4.47%. This puts Suburb as 9 on a list of fastest fasting appreciating suburbs in ACT
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 2.42%, investors should hope to achieve an overall return of 5.26%
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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.