Thinking about buying in Hollywell? Now could not be a better time, with 1558 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,291,000 with prices in this suburb ranging from $52,000 to $3,942,000. Hollywell is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Hollywell Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Hollywell driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Hollywell due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Hollywell classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Hollywell necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Hollywell

	2 magnolia av, hollywell, qld, 4216	4	3	2	Price: Contact Agent
	unit 3601, allisee, 323 bayview st, hollywell, qld, 4216	3	3	3	Price: Contact Agent
	6 walter raleigh cr, hollywell, qld, 4216	4	2	2	Offers Over $1,550,000
	10 walter raleigh cr, hollywell, qld, 4216	4	3	4	2750000
	12 clematis av, hollywell, qld, 4216	3	1	2	1000000
	5 camelot cr, hollywell, qld, 4216	3	2	2	Offers over $1,499,000

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