Suburb Profile Report for Hollywell QLD (4216)

Hollywell House: Median price $700,000, Annual capital growth 3.59%, Number of sales 45, Weekly median advertised rent $575

Hollywell Unit: Median price $720,000, Annual capital growth 2.61%, Number of sales 25, Weekly median advertised rent $550

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property value increases in Hollywell have tracked lower than the QLD average of 0.78% over the last 12 months.

If we look at median property appreciation over just the last three months, Hollywell has given property investors a paper return of 1.30%. This puts Suburb as 238 on a list of fastest fasting appreciating suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Hollywell is offering property investors an average of -7.01. This rate of discount on properties puts Suburb at number 199th in terms of most discounted suburbs in QLD

Residents and property investors in Hollywell have been waiting around 68.0526 days to sell a property.

If you compare the increase in value of investment property in Hollywell, 4216 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -5.26%.

The five-year average increase in median property values for Hollywell,4216 has given property investors a potential capital gain of 16.15% across each of those five years.

Vendor discounting in Hollywell is giving property investors an average Vendor Discount of around -6.88%. This puts suburb at number 75th in QLD when ranking the most discounted suburbs.

The QLD suburb of Hollywell, 4216 is in the Gold Coast (C) local government area.

Metrics i HOUSE UNIT
$700,000 $720,000
1.30% 2.13%
-10.63% -5.26%
3.59% 2.61%
$575 $550
45 25
4.27% 3.97%
68.0526315789474 112.21052631579

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2679
Median household income ($/weekly) 1261
Median age of persons 47
Median housing loan repayment ($/monthly) 2100
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 264 9.9
    35-44 years 368 13.7
    45-54 years 410 15.3
    55-64 years 448 16.7
    65-74 years 320 11.9
    Others 869 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 1201 56.8
    Not Married 733 34.7
    Defacto Relationship 179 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1895 73.7
    Papua New Guinea 251 9.8
    South Africa 21 0.8
    United Kingdom 185 7.2
    Other 75 2.9
    Others 143 5.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 1.3
    Christianity 1913 77.0
    Islam 13 0.5
    Other Religious Groups 6 0.2
    No Religion 517 20.8
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 104 10.8
    $600-$799 101 10.4
    $800-$999 97 10.0
    $1,500-$1,999 122 12.6
    $2,500-$2,999 96 9.9
    Others 447 46.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 847 38.7
    Employed, worked full-time 749 34.3
    Employed, worked part-time 435 19.9
    Unemployed, looking for work 86 3.9
    Employed, away from work 69 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 204 16.3
    Professionals 232 18.5
    Technicians & trades workers 189 15.1
    Clerical & administrative workers 193 15.4
    Sales 162 12.9
    Others 274 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 26 5.6
    Infants/Primary 194 41.5
    Secondary 131 28.1
    Technical or Further Educational Institution 49 10.5
    University or other Tertiary Institutions 62 13.3
    Others 5 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2035 79.3
    Flat, unit or apartment 364 14.2
    Semi-detached, row or terrace house, townhouse 145 5.7
    Caravan, cabin, houseboat 21 0.8
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 452 43.1
    Being purchased 340 32.4
    Rented 250 23.9
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
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