Are you looking to purchase a home or investment property in Holland Park? How do you determine if this is the right suburb for you? As Holland Park Buyers Agents we have made it easy for you by compiling information about the suburb that is important to know when considering this suburb for your home or investment purchase.
Holland Park is located approximately 6km south-east from the Brisbane CBD. The area is hilly, with mostly residential housing and some commercial areas along Logan Road. It has many post-war houses but these are starting to be removed and new executive homes are being built in their place by young professionals and families moving into the area. There are quite a few properties in Holland Park that also have city views.
There are good schools and quite a few diverse parks in the area. The most desirable pockets to buy property are in quiet, elevated streets with views.
A historic landmark in Holland Park is the Mount Thompson Crematorium which is the oldest crematorium in Queensland. It is located on Nursery Road and includes the heritage listed West Chapel. You can read more about this history here.
Holland Park benefits from its close proximity to the South East Busway. Being so close to the city means that getting a bus into the CBD only takes 15 minutes from the Holland Park West station. You can have a look at the bus routes on the Translink website.
The closest train station is in the neighbouring suburb of Coorparoo. Google maps – Holland Park to Coorparoo Station.
For high school the local Cavendish Road State High School is achieving excellent results and is very well regarded. There is also Holland Park State High School depending on your location in the suburb to be in catchment. You can have a look at their results in regards to Year 12 results and compare with other schools at the Better Education website here.
You can search for the school catchment by address here and read more in-depth about these zones in our blog How to Find the Best School Catchment Zone in Brisbane.
You can also find more information about each school at The Good Schools Guide.
Holland Park retail zones on Logan Road, Seville Road and Holland Road provide coffee shops, hair salons and small retail stores for the locals. Conveniently, Holland Park sits between Carindale and Garden City shopping centres for bigger retail stores. Other amenities close by include the Holland Park Bowls Club, Holland Park General Practice and the Holland Park Library.
Just outside of Holland Park you also have a variety of cafes, retail, groceries and restaurants at Camp Hill Marketplace, Martha Street in Camp Hill and Stones Corner.
For child care options you can have a look at the Brisbane Mums Group post on Holland Park here.
Holland Park is an area known to be a green leafy suburb. It has up to 15 different parks and playgrounds for the community. The largest of these is CB Mott Park located on Abbotsleigh Street and Logan Roads. Another popular bigger park is Glindemann Park just off Logan Road. You can find more information about the parks on the Brisbane City Council website.
As with most family friendly suburbs the parks are quite busy on weekends and afternoons. Some parks are used for organised weekend sport as well.
Whites Hill Reserve is partly located in Holland Park and there are opportunities for bushwalking available directly from the north-eastern border of the suburb. There is also a bike path through part of the reserve and mountain biking opportunities.
Toohey Forest Park, the largest area of remnant bushland in Brisbane, is also very close by with picnic areas, walking tracks, mountain biking trails and even bouldering opportunities for the adventurous.
Locals living in Holland Park either commute to the CBD, the Queensland University of Technology, Griffith University or to various employment hubs in neighbouring suburbs.
Holland Park is 22.6km to the Airport via the Airport Link.
Typical Property Style
Holland Park typically has Queenslanders and post-war homes on larger blocks. As these post-war homes are ripe for a big renovation or demolition there are also many new executive homes in the suburb as it becomes increasingly popular for young professionals and families.
There are some smaller developments of townhouses and apartments which are mainly located on the busier roads in the area.
Holland Park is a wealthy area with the weekly family income at $2,600 (Queensland avg. $1,661). According to SQM research, the percentage of owner-occupiers is at 70% and 30% for renters.
The top 3 life stages for people living in Holland Park are:
Established couples or families 20.2%;
Older couples and families 18.7% and;
Maturing couples and families 15.6%.
Most Desirable Area
The most desirable areas in Holland Park are elevated in quiet streets with an outlook over the area and/or city views. Some of the streets with city views are: Mulsanne Street; Oxley Drive; parts of Abbotsleigh Street; Percival Terrace; and Beryl Crescent.
For families it is also desirable to be within walking distance to a park with a playground.
Least Desirable Area
The least desirable areas in Holland Park are on the main roads. There are very few properties affected by flood and only those properties near Whites Hill Reserve need to be aware of the bushfire risk as shown in this snippet.
Median Price Values
The median price value for houses in Holland Park as at August 2020 is $775,000 with the upper quartile price at $950,000 and the lower quartile price sitting at $658,000. If you’re looking to buy one of the new executive homes, then expect to pay well over $1 million.
The median price value for units is $344,500 with the upper quartile price at $401,875 and the lower quartile price sitting at $302,000.
The compound growth rate for Holland Park over the last 5 years to August 2020 has been 5.9% for houses and 4.9% for units.
The rental property vacancy rate according to SQM research at July 2020 was 1.3%
You can find out up to date news for the area and local interest stories at Holland Park News here.
There is also the Holland Park Community Facebook Group that you can request to join to ask questions and make connections with locals.
I hope this information has been helpful on your quest to buy your next property in Holland Park. If you need further help to secure a property in this location we can help, please reach out by booking a discovery call through the link below to your Holland Park Buyers Agents.
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