Holland Park suburb profile
Holland Park is a charming suburb situated approximately 8km southeast of Brisbane's CBD, known for its leafy streets and family-friendly atmosphere. The area offers a mix of post-war homes and modern residences, attracting a diverse community of families, professionals, and retirees. Holland Park is well-serviced by public transport and is close to major roads, providing easy access to the city and surrounding areas. The suburb boasts several parks and recreational facilities, including the popular Whites Hill Reserve, making it ideal for outdoor enthusiasts. With its strong community spirit and convenient amenities, Holland Park remains a desirable location for those seeking a balanced suburban lifestyle.
Holland Park property market performance
Holland Park's property market has experienced significant growth over the past 12 months, with house values increasing by 16.7% and unit values surging by 21.7%. The median house price has reached $1.4 million, while units have averaged $563,000, indicating strong demand across both property types.
Sales activity has been robust, with 40 houses and 4 units sold in the past three months. Properties are moving quickly, with houses spending a median of 21 days on the market and units just 14 days, reflecting high buyer interest.
The rental market in Holland Park has shown varied trends, with house rents increasing modestly by 1.1%, while unit rents have risen by 8.9% over the last 12 months, suggesting a stronger demand for rental units.
Median price - houses$1.42MPast 3 months
Median price - units$563KPast 3 months
Change in value - houses12.6%12 months
Change in value - units29.3%12 months
Houses sold33Past 3 months
Units sold4Past 3 months
Median DOM - houses21Past 12 months
Median DOM - units14.5Past 12 months
Average rent - houses$680Past 12 months
Average rent - units$560Past 12 months
Change in rent - houses-0.4%Past 12 months
Change in rent - units12.6%Past 12 months
Holland Park demographics
Holland Park, located in Brisbane's southern suburbs, is a family-friendly area known for its leafy streets, parks, and community-oriented atmosphere. With a population of 8,671 and a median age of 37, it attracts a mix of families, professionals, and retirees who appreciate its balance of suburban tranquility and proximity to the city. The suburb's median total household income of $2,309 per week reflects a relatively affluent community, with many residents enjoying comfortable lifestyles.
The family-oriented nature of Holland Park is evident, with 50.7% of households being couple families with children, and 30.2% being couple families without children. This demographic composition highlights the suburb's appeal to families seeking a supportive environment with good schools and recreational facilities. Additionally, 17% of households are one-parent families, indicating a diverse range of family structures within the community.
In terms of housing, Holland Park offers a mix of ownership and rental options. 22.9% of properties are owned outright, while 41.2% are owned with a mortgage, suggesting a stable property market with opportunities for both established homeowners and new buyers. The rental market, comprising 35.9% of properties, provides flexibility for those not yet ready to purchase a home. Overall, Holland Park's blend of community spirit, green spaces, and convenient amenities make it a desirable place to live for a wide range of residents.
Holland Park infrastructure, key developments and investment opportunities
Holland Park is experiencing several developments that could influence its property market. The suburb is undergoing a gradual transformation with the redevelopment of older post-World War II homes, potentially increasing housing diversity and property values. The extension of the South East Busway with the Holland Park West busway station has improved public transport connectivity, making the area more attractive to commuters.
Recent upgrades to local schools, including Holland Park State School and Holland Park State High School, may appeal to families looking to move into the area. The suburb's proximity to major shopping centers like Westfield Carindale and Garden City, as well as its own evolving retail precinct along Logan Road, enhances its livability. These factors, combined with Holland Park's convenient location just 9.3 km from Brisbane's CBD, are likely to sustain strong demand for properties in this established suburb.
Holland Park rental market trends
The rental market in Holland Park has shown moderate growth, with house rents increasing by 1.1% over the past year to $678 per week, while unit rents have seen a more significant rise of 8.9% to $550 per week. This suburb continues to attract renters and investors due to its appealing lifestyle and proximity to Brisbane's amenities.
Suburbs near Holland Park
Some popular suburbs near Holland Park include: