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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:

Common questions about Holland Park

  • Is Holland Park a nice place to live?

    Holland Park is a delightful suburb that offers a fantastic blend of suburban tranquility and urban convenience, making it a wonderful place to call home. With its leafy streets and welcoming atmosphere, this suburb is particularly appealing to families who appreciate a peaceful environment with easy access to the city. The community vibe is strong, with a diverse mix of residents, including families, professionals, and retirees, all contributing to a vibrant and inclusive neighborhood.

    One of the standout features of Holland Park is its proximity to a range of amenities. The suburb is well-connected by public transport, making commuting to Brisbane's CBD a breeze. For those who enjoy shopping and dining, the nearby Westfield Carindale and Garden City offer a plethora of options, while the local retail precinct along Logan Road is continually evolving. Outdoor enthusiasts will appreciate the abundance of green spaces and parks, such as the popular Whites Hill Reserve, which provide ample opportunities for recreation and relaxation.

    Safety is generally not a major concern in Holland Park, contributing to its appeal as a family-friendly suburb. The area is home to several reputable schools, making it an attractive option for families seeking quality education for their children. However, it's worth noting that the ongoing redevelopment of older homes may lead to increased property values, which could be a consideration for potential buyers. Additionally, while the suburb offers a peaceful lifestyle, those seeking a bustling nightlife may need to venture closer to the city for more vibrant entertainment options.

    Overall, Holland Park offers a charming and balanced lifestyle, with its strong community spirit, convenient amenities, and beautiful green spaces. It's an ideal choice for families and individuals who value a supportive environment and easy access to both suburban comforts and city conveniences.

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  • Is it expensive to live in Holland Park?

    Living in Holland Park is relatively expensive compared to other suburbs in the Brisbane area. The current median house price sits at $1,400,000, which is on the higher end of the spectrum for housing in Brisbane. Units are somewhat more affordable, with a median price of $563,000. If you're considering renting, the average rent for houses is $678 per week, while units average around $550 per week.

    The average wage in Holland Park is approximately $89,000 per year. When you compare this to the average household income in the area, which is $2,309 per week, it suggests that the cost of living, particularly in terms of housing, takes up a significant portion of income. This can make Holland Park less accessible for those earning an average wage in Brisbane.

    Overall, Holland Park offers a pleasant suburban lifestyle with its proximity to the city and local amenities. However, the high property prices and rental costs mean that living here requires careful financial planning to ensure it fits within your budget.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Holland Park a good place to invest?

    Holland Park is showing promising signs as a solid investment suburb, particularly with its impressive growth in property values over the past year. The median house value has increased by 16.7%, while units have seen an even more remarkable rise of 21.7%. This indicates a strong demand for properties in the area, making it an attractive option for investors looking for capital growth.

    In addition to property value growth, the rental market in Holland Park is also performing well. While house rents have seen a modest increase of 1.1%, unit rents have surged by 8.9%. This suggests a growing interest in rental units, likely due to their affordability and appeal to young professionals and small families. The combination of rising property values and rental demand positions Holland Park as a suburb with both immediate and long-term investment potential.

    Overall, Holland Park offers a compelling opportunity for investors seeking a balance of capital appreciation and rental income. Its recent performance in both property and rental markets highlights its desirability and potential for continued growth, making it a worthwhile consideration for those looking to invest in the real estate market.

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