Registration cancelled for dodgy builder
Property investors have been given a timely reminder to check the credentials of their builders following reports of falsifying claims. ...
Property investors have seen a -2.4% 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 $690,000
Profits averaged 0.81% 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 $480 based on current median home prices for the suburb.
The gross rental yield in HOLLAND PARK WEST, 4121 is 3.62%.
An average of 8.08 real estate transactions take place per month in HOLLAND PARK WEST which translates to 97 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $690,000 | $402,500 |
| GROWTH REPORT | ||
| Median Quarterly | -2.4% | 1.26% |
| Median 12 month | -6.83% | 0.63% |
| Median 3 years | 2.44% | -8.52% |
| Median 5 years | 19.48% | 6.62% |
| 10 years average annual | 3.53% | 1.89% |
| Weekly media advert. rent | $480 | $375 |
| Time on Market | 47.6 days | 98.2 days |
| Gross Rental Yield Percent | 3.62% | 4.84% |
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