Suburb Profile Report for Holloways Beach QLD (4878)

Holloways Beach House: Median price $395,000, Annual capital growth 1.13%, Number of sales 37, Weekly median advertised rent $420

Holloways Beach Unit: Median price $130,000, Annual capital growth -4.21%, Number of sales 31, Weekly median advertised rent $300

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 2019th in the list of Australian suburbs ordered by increase in median house value over the last year, Holloways Beach, 4878 is in the top half with a property value increase of -1.25% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Holloways Beach comes in at number 518th in QLD.

Sellers are offering property buyers an average discount of -6.18% to buyers in Holloways Beach at the moment, which is less than average for the rest of QLD.

In the last year 37 properties changed hands in Holloways Beach, which puts it as the 524th most active market in QLD when comparing the number of sales per suburb.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 5.53%, without taking into account capital value appreciation, which has been averaging out at 1.13%.

At number 1510th in the list of Australian suburbs ordered by increase in median house value over the last year, Holloways Beach, 4878 is in the BOTTOM 10% with a property value increase of -29.63% recorded in median house prices.

Holloways Beach,4878 has offered an average of -29.63% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Holloways Beach should be aiming for at least -6.83% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Holloways Beach have been waiting around 83.8889 days to sell a property.

With the median price for a house in Holloways Beach being $130000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 12.00%

Metrics i HOUSE UNIT
$395,000 $130,000
1.54% -13.33%
-1.25% -29.63%
1.13% -4.21%
$420 $300
37 31
5.53% 12.00%
91.6333333333333 83.8888888888889

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2283
Median household income ($/weekly) 988
Median age of persons 41
Median housing loan repayment ($/monthly) 1387
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 248 10.9
    25-34 years 267 11.7
    35-44 years 427 18.7
    45-54 years 428 18.8
    55-64 years 349 15.3
    Others 563 24.7
    Age Group
    Census Count Percent(%)
    Not Married 748 45.5
    Registered Married 613 37.3
    Defacto Relationship 282 17.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1567 75.4
    Greece 26 1.3
    Papua New Guinea 100 4.8
    United Kingdom 169 8.1
    Other 92 4.4
    Others 125 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 41 2.1
    Christianity 1115 58.5
    Islam 6 0.3
    Other Religious Groups 16 0.8
    No Religion 725 38.0
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 111 12.8
    $600-$799 121 13.9
    $800-$999 101 11.6
    $1,500-$1,999 97 11.2
    $2,000-$2,499 80 9.2
    Others 359 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 759 43.9
    Not in the labour force 484 28.0
    Employed, worked part-time 333 19.2
    Unemployed, looking for work 82 4.7
    Employed, away from work 72 4.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 140 12.0
    Professionals 231 19.8
    Technicians & trades workers 175 15.0
    Community & personal service workers 163 14.0
    Clerical & administrative workers 145 12.5
    Others 310 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 20 5.0
    Infants/Primary 153 37.9
    Secondary 97 24.0
    Technical or Further Educational Institution 36 8.9
    University or other Tertiary Institutions 84 20.8
    Others 14 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1470 70.7
    Flat, unit or apartment 431 20.7
    Semi-detached, row or terrace house, townhouse 178 8.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 385 40.6
    Being purchased 340 35.9
    Fully owned 218 23.0
    Other tenure type 5 0.5
    Tenure Type
Census 2011, ABS
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