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Based on its average 5-year and quarterly capital gains HOLDER, 2611 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that HOLDER, 2611 obtained a 5.74% growth over a ten-year period. It ranks 2059th on our list of suburbs that property investors should look into.
HOLDER, 2611 in ACT belongs to the local government area of Unincorporated ACT.
HOLDER, 2611 has a capital gain of 19.08% for the past year, which is higher than average compared to its 39.98% growth within a five-year period.
With the median home price in HOLDER sitting at $905,000, and the average rent at $650, property owners could potentially earn a 3.73% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in HOLDER are low, as opposed to average gains per annum over the past five years.
A 19.08% increase in median property prices in HOLDER, 2611 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 71st.
Holder is a sleepy suburb located in the District of Weston Creek. It is bounded by John Gorton Drive to the north, Dixon Drive to the east, Streeton Drive to the west and Hindmarsh Drive to the south. Established in 1970, the suburb was named in honour of Australian politician Sir Frederick William Holder, who served as the premier of South Australia for two separate terms.
Things to do in Holder
Holder is home to the seventh stopover for the Woden heritage track — the Weston Homestead, which is located in Calder Crescent. The site used to be private property and was originally part of the acreage given to Captain George Weston before it changed hands in 1937.
The De Salis family were the next owners of the homestead. The De Salis family erected a homestead on the property and cultivated a farm on it. It was slowly reclaimed by the government in the 1960s when Canberra began its rapid expansion. Today, only the trees planted by the De Salis family stand.
Holder faces a breathtaking panoramic view of Mount Stromlo, which is a short drive away from the suburb and also happens to be a stone’s throw away from the city centre. Winter playground Corin Forest Mountain Resort, a ski resort that’s popularising night skiing, is also a 45-minute drive away.
Buying a home in Holder
Holder has a community oval, two private schools, and is within proximity of restaurants and shops in Chifley and Weston Creek, such as the Cooleman Court Shopping Centre. The bustling centres of Civic and Woden are also a quick drive from Holder.
Majority of the dwelling spaces in Holder are detached properties, followed by a small percentage of semi-detached homes, and an even smaller percentage of flats and units. Properties on offer, meanwhile, include well-maintained, spacious multi-unit homes; apartment units; housing and land packages; and vacant lots. Real estate buyers have a variety of options to choose from to finance their endeavour, including a home loan.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||19.08%||21.43%|
|Median 3 years||34.67%||40.21%|
|Median 5 years||39.98%||46.24%|
|10 years average annual||5.74%||8.32%|
|Weekly media advert. rent||$650||$510|
|Time on Market||0.0 days||0.0 days|
|Gross Rental Yield Percent||3.73%||3.9%|