Over the last year, property investments in Holland Park, 4121 have given investors a capital gain of 0.00%. This compares badly with the 2.00% for QLD as a whole.
A 37.48% growth in median value for property investors in Holland Park,4121 puts this suburb at number 234th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Holland Park is offering property investors an average of -6.60. This rate of discount on properties puts Suburb at number 691th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Holland Park the average time real estate has been on the market is 33.78 days.
Investment property in Holland Park has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.59%
Over the longer term, Holland Park has seen property prices show investors a -18.89% return over the last 3 years. This is an improvement over the last 12 months
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, 4121. Typically our figures indicate that -6.95% is being offered, which puts this QLD suburb at 259th most discounted overall in Australia.
In the last year 18 properties changed hands in Holland Park, which puts it as the 254th most active market in QLD when comparing the number of sales per suburb.
Situated 7.17km from the CBD, Holland Park is one of Brisbane (C) localities in the postcode 4121.
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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.