Investment property in Holland Park has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.35%
Across a shorter period, Holland Park, 4121 has seen a median price increase of -0.69% over the last quarter.
Sellers are offering property buyers an average discount of -4.18% to buyers in Holland Park at the moment, which is less than average for the rest of QLD.
Holland Park is 716th on a list of best yielding suburbs for rents in QLD with a 3.42% return
At number 302th in the list of Australian suburbs ordered by increase in median house value over the last year, Holland Park, 4121 is in the top 20% with a property value increase of 5.94% recorded in median house prices.
A -2.10% growth in median value for property investors in Holland Park,4121 puts this suburb at number 82th in terms of best performing suburbs in QLD
Holland Park4121 is located in QLD which offers an average discount of -6.43% to property investors. Holland Park itself is showing figures that indicate -4.01% is the average achievable by property buyers investing in the suburb.
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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.