Giving property investors a an average capital gain of 14.14% for the last year, Holland Park, 4121 is the 1818th highest performer in Australia in this respect.
Across a shorter period, Holland Park, 4121 has seen a median price increase of 5.71% over the last quarter.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.90% offered to property buyers. Sellers in Holland Park itself are offering an average vendor discount of -5.17% to real estate investors.
Advertised rents are around the $520 mark per week – giving a return of 3.07% based on the median price in Suburb
With a capital gain of 24.64% for the last 12 months, Holland Park, 4121 has performed for property investments than its average annual 1.79% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Holland Park,4121 has racked up an average of 24.64% over the period. This ranks it number 729th in the whole country for real estate investors looking at median house price increases.
The QLD suburb of Holland Park, 4121 is in the Brisbane (C) local government area.
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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.