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
Current median dwelling price$1,019,000Past 3 months
Property growth+14.8%Past 12 months
Holland Park's property market has shown varied performance over the past 12 months. House values have increased by 4.0%, with the median house price reaching $1.48 million. In contrast, unit values have surged by 25.6%, although the median unit price is not available, indicating a significant shift in demand for units.
Sales activity has been moderate, with 26 houses and 4 units sold in the past 12 months. Houses are taking longer to sell, with a median of 43 days on the market, compared to just 13 days for units, suggesting a quicker turnover in the unit market.
The rental market in Holland Park has seen notable increases, with house rents rising by 11.5% and unit rents by 4.2% over the last 12 months. The average rent for houses is $725, while units average $573, reflecting strong demand in the rental sector.
Houses | Units | |
---|---|---|
Median price Past 3 months | $1.48M | N/A |
Change in value Past 12 months | 4.0% | 25.6% |
Sold Past 3 months | 26 | 4 |
Median days on market Past 12 months | 43 | 13 |
Average rent Past 12 months | $725 | $573 |
Change in rent Past 12 months | 11.5% | 4.2% |
5 year median price trend for houses and units
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 experienced growth, with house rents increasing 11.5% over the past year to $725 per week, while unit rents have seen a 4.2% rise to $573 per week. With its appealing suburban lifestyle and proximity to Brisbane's CBD, Holland Park continues to attract both renters and investors seeking stable returns and a vibrant community atmosphere.
Suburbs near Holland Park
Some popular suburbs near Holland Park include:
How does Holland Park compare to nearby suburbs?
- Median house prices: Holland Park’s median house price is 9.3% higher than Greenslopes’s.
- Median unit prices: Holland Park’s median unit price is 1.9% lower than Greenslopes’s.
- House price growth: Property prices in nearby Greenslopes have risen 0.6% more than in Holland Park over the past year.
- Unit price growth: Over the past 12 months, unit prices in Holland Park have grown 0.8% higher than in Greenslopes.
- Selling speed for houses: Properties in Holland Park are selling 14.0% faster than in Camp Hill.
- Selling speed for units: Properties in Holland Park are selling 55.2% faster than in Greenslopes.
- Investment considerations: In Holland Park, the rental yield for house is 7.4% higher than the Brisbane average, while the rental yield for units is 6.7% lower.
- House price growth: Over the past 12 months, house prices in Holland Park have grown 29.4% higher than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Holland Park have grown 10.6% higher than the average rate of growth for units across Brisbane.