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.
Property investments in HOLLAND PARK WEST did not fare well against the rest of the country last year, registering a median home price decrease of 0.12%.
Figures from the previous quarter show that capital gains for real estate buyers in HOLLAND PARK WEST are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In HOLLAND PARK WEST, homes and units usually stay on listing for an average of 100.3 days.
the QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $430,000
Investors saw the median home price rise to $430,000.
HOLLAND PARK WEST ranks 285th on the list of best yielding suburbs for rental properties in QLD, posting a 4.6% return.
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