Suburb Profile Report for Holland Park West QLD (4121)

Holland Park West House: Median price $726,000, Annual capital growth 3.49%, Number of sales 101, Weekly median advertised rent $500

Holland Park West Unit: Median price $390,500, Annual capital growth 1.11%, Number of sales 16, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 2.47% for the last year, Holland Park West, 4121 is the 1745th highest performer in Australia in this respect.

The five-year average increase in median property values for Holland Park West,4121 has given property investors a potential capital gain of 20.60% across each of those five years.

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 Holland Park West, 4121. Typically our figures indicate that -6.01% is being offered, which puts this QLD suburb at 1640th most discounted overall in Australia.

In the last year 101 properties changed hands in Holland Park West, which puts it as the 211th most active market in QLD when comparing the number of sales per suburb.

Holland Park West, 4121’s gross rental yield is 3.58%

Property value increases in Holland Park West have tracked close to the QLD average of -0.33% over the last 12 months.

Holland Park West,4121 has offered an average of -2.38% return per annum in house price rises to property investors over the last three years.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 5.06%, without taking into account capital value appreciation, which has been averaging out at 1.11%.

Metrics i HOUSE UNIT
$726,000 $390,500
0.83% 5.54%
2.47% -2.38%
3.49% 1.11%
$500 $380
101 16
3.58% 5.06%
46.7283950617284 113.666666666667

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Holland Park West QLD
Demographics
Total population 5965
Median household income ($/weekly) 1604
Median age of persons 35
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 616 10.3
    25-34 years 1123 18.8
    35-44 years 924 15.5
    45-54 years 716 12.0
    55-64 years 638 10.7
    Others 1948 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 2057 45.3
    Not Married 1933 42.5
    Defacto Relationship 555 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4366 77.0
    Indonesia 128 2.3
    Papua New Guinea 188 3.3
    United Kingdom 216 3.8
    Other 255 4.5
    Others 519 9.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 113 2.1
    Christianity 3746 68.7
    Islam 103 1.9
    Other Religious Groups 87 1.6
    No Religion 1308 24.0
    Others 95 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 177 8.5
    $1,000-$1,249 165 7.9
    $1,500-$1,999 278 13.4
    $2,000-$2,499 239 11.5
    $2,500-$2,999 209 10.1
    Others 1008 48.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2153 46.0
    Not in the labour force 1275 27.3
    Employed, worked part-time 910 19.5
    Employed, away from work 201 4.3
    Unemployed, looking for work 137 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 406 12.4
    Professionals 1054 32.3
    Technicians & trades workers 404 12.4
    Clerical & administrative workers 562 17.2
    Sales 259 7.9
    Others 579 17.7
    Occupation
    Census Count Percent(%)
    Pre-school 80 5.8
    Infants/Primary 444 32.0
    Secondary 244 17.6
    Technical or Further Educational Institution 125 9.0
    University or other Tertiary Institutions 442 31.9
    Others 51 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4615 81.3
    Flat, unit or apartment 779 13.7
    Semi-detached, row or terrace house, townhouse 285 5.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 798 35.6
    Rented 781 34.8
    Fully owned 660 29.4
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
Chart Table