Holland Park West is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4121). With a population of 6,468, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $114K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Holland Park West is $1.2 million, having grown strongly 8.2% over the past year. Units have a median price of $622,000 (+10.2% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,167.
Holland Park West is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 1 rail station, 33 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Holland Park West offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +8.2% year-on-year.
Holland Park West is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4121). With a population of 6,468, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $114K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Holland Park West is $1.2 million, having grown strongly 8.2% over the past year. Units have a median price of $622,000 (+10.2% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,167.
Holland Park West is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 1 rail station, 33 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Holland Park West offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +8.2% year-on-year.