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Property investors have seen a 0.42% gain in HOLLAND PARK WEST based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains HOLLAND PARK WEST, 4121 saw average growth in the long term.
The QLD suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $725,000
Profits averaged 1.25% per annum over a 3-year period, due to an upward trend in home prices in HOLLAND PARK WEST, 4121.
This means, real estate investors could earn a rental income of $490 based on current median home prices for the suburb.
The gross rental yield in HOLLAND PARK WEST, 4121 is 3.51%.
An average of 8.58 real estate transactions take place per month in HOLLAND PARK WEST which translates to 103 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $725,000 | $375,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0.42% | 1.49% |
| Median 12 month | 3.57% | -7.4% |
| Median 3 years | 3.74% | -10.6% |
| Median 5 years | 21.04% | -6.13% |
| 10 years average annual | 3.55% | 0.78% |
| Weekly media advert. rent | $490 | $382.5 |
| Time on Market | 49.0 days | 100.6 days |
| Gross Rental Yield Percent | 3.51% | 5.3% |
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