Suburb Profile
Holland Park West - FREE SUBURB PROFILE REPORT POSTAL CODE: QLD,4121
Property investors have seen a 2.19% 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 $700,000
Profits averaged 6.21% 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 3.53%.
An average of 7.67 real estate transactions take place per month in HOLLAND PARK WEST which translates to 92 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $700,000 | $430,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.19% | -1.71% |
| Median 12 month | 1.45% | 0.12% |
| Median 3 years | 18.64% | 13.16% |
| Median 5 years | 29.75% | 33.13% |
| 10 years average annual | 4.26% | 2.84% |
| Weekly media advert. rent | $475 | $380 |
| Time on Market | 61.2 days | 100.3 days |
| Gross Rental Yield Percent | 3.53% | 4.6% |
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