Holt, 2615 ranked 14th 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
Across a shorter period, Holt, 2615 has seen a median price increase of 3.06% over the last quarter.
Our latest figures would indicate that property sellers in Holt are currently offering property investors an average price cut of -4.34% below the asking price at the moment.
If you compare the increase in value of investment property in Holt, 2615 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -1.32%.
Taking the average capital gain, or increase in median house value, Holt,2615 has racked up an average of -1.32% over the period. This ranks it number 1136th in the whole country for real estate investors looking at median house price increases.
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 -6.44% is being offered, which puts this ACT suburb at 406th most discounted overall in Australia.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
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.