Suburb Profile
Holland Park West - FREE SUBURB PROFILE REPORT POSTAL CODE: QLD,4121
Property investors have seen a -0.02% drop in HOLLAND PARK WEST based on a decrease 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 $711,000
Profits averaged 5.94% 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 $475 based on current median home prices for the suburb.
The gross rental yield in HOLLAND PARK WEST, 4121 is 3.47%.
An average of 8 real estate transactions take place per month in HOLLAND PARK WEST which translates to 96 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $711,000 | $440,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.02% | 2.33% |
| Median 12 month | 3.42% | 4.76% |
| Median 3 years | 17.81% | 3.47% |
| Median 5 years | 30.1% | 33.33% |
| 10 years average annual | 4.02% | 2.81% |
| Weekly media advert. rent | $475 | $380 |
| Time on Market | 58.5 days | 96.0 days |
| Gross Rental Yield Percent | 3.47% | 4.49% |
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