Property investors enjoyed capital gains of 18.33% over the last 12 months in HOLLOWAYS BEACH, translating to higher returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in HOLLOWAYS BEACH are low, as opposed to average gains per annum over the past five years.
The suburb posted a 35.37% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $690 based on current median home prices for the suburb.
On average, rents on listings have reached the $690 mark, reflecting a 5.05% increase in returns based on the current median price in HOLLOWAYS BEACH.
HOLLOWAYS BEACH, 4878 ranks 333rd in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 68th on the list of best yielding suburbs for rental properties in QLD, posting a 5.05% return.
Property investors have seen a -3.11% drop in HOLLOWAYS BEACH based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains HOLLOWAYS BEACH, 4878 saw average growth in the long term.
HOLLOWAYS BEACH, 4878 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 $390,000.
Profits due to an upward trend in home prices in HOLLOWAYS BEACH, 4878 averaged 15.49% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $485 based on current median home prices for the suburb.
The gross rental yield in HOLLOWAYS BEACH, 4878 is 6.47%.
An average of 3.42 real estate transactions take place per month in HOLLOWAYS BEACH which translates to 41 per annum.