Property investors who have had real estate in Holland Park, 4121 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
Taking the average capital gain, or increase in median house value, Holland Park,4121 has racked up an average of 0.00% over the period. This ranks it number 2000th in the whole country for real estate investors looking at median house price increases.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.80% offered to property buyers. Sellers in Holland Park itself are offering an average vendor discount of -3.84% to real estate investors.
Often selling an investment property can take time, and in Holland Park the average time real estate has been on the market is 44.58 days.
QLD has seen average median house prices change by 0.61% which means that Holland Park, 4121 has done well for property investors by showing a capital gain of 6.34% over the last year
A -7.94% growth in median value for property investors in Holland Park,4121 puts this suburb at number 303th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Holland Park should be aiming for at least -6.17% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Holland Park have been waiting around 70.4444 days to sell a property.
Information supplied by:
While it’s outside the inner-ring of Brisbane that has been performing so well recently, there are signs Holland Park is attracting attention.
On average, houses are spending 40 days on the market, which is shorter than most nearby suburbs, and Holland Park has also seen more houses sold over the past 12 months than its neighbours.
The median house price in Holland Park is also on the up, currently sitting at $645,000 after growing by 29% over the past three years.
In particular, Holland Park seems to be popular with young people; statistics from the ABS show the median age of residents in the suburb is 35, two years below the national median mark.
Around 10km from the Brisbane CBD, the amenities around Holland Park may have something to do with its attraction to young people.
Griffith University is close by; there are also a number of schools, while a nearby Westfield complex provides ample shopping opportunities.