Hollywell

Hollywell has seen population growth performance typically on par with national averages when looking at short and medium term trends

Hollywell's population is estimated at around 3,109 as of Feb 2026. This reflects an increase of 179 people since the 2021 Census, which reported a population of 2,930 people. The change is inferred from the resident population of 3,091 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 13 validated new addresses since the Census date. This level of population equates to a density ratio of 1,671 persons per square kilometer, above the average seen across national locations assessed by AreaSearch. Over the past decade, Hollywell has demonstrated resilient growth patterns with a compound annual growth rate of 1.2%, outpacing the SA3 area. Population growth was primarily driven by overseas migration contributing approximately 56% of overall population gains during recent periods.

All drivers including interstate migration and natural growth were positive factors. AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections released in 2023 based on 2021 data are adopted. It should be noted that these state projections do not provide age category splits; hence where utilised, AreaSearch is applying proportional growth weightings in line with the ABS Greater Capital Region projections released in 2023 based on 2022 data for each age cohort. Moving forward, a significant population increase in the top quartile of regional areas nationally is forecast for Hollywell, expected to increase by 738 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 23.7% in total over the 17 years.

Residential development activity is lower than average in Hollywell according to AreaSearch's national comparison of local real estate markets

AreaSearch analysis of ABS building approval numbers in Hollywell shows around 13 residential properties granted approval annually. Over the past five financial years, from FY-21 to FY-25, approximately 68 homes were approved, with an additional 11 approved so far in FY-26. This results in a supply lagging demand, leading to heightened buyer competition and pricing pressures.

Developers focus on the premium market, constructing new properties at an average value of $1,189,000. Commercial development approvals recorded this financial year totalled $70,000, indicating a predominantly residential focus. Comparatively, Hollywell has slightly more development than the rest of Qld, with 17.0% above the regional average per person over the five-year period. This preserves reasonable buyer options while sustaining existing property demand. Recent construction comprises 43.0% detached dwellings and 57.0% attached dwellings, marking a significant departure from existing housing patterns (currently 68.0% houses).

This skew toward compact living offers affordable entry pathways, attracting downsizers, investors, and first-time purchasers. The location has approximately 558 people per dwelling approval, demonstrating an established market. Future projections show Hollywell adding 736 residents by 2041 (from the latest AreaSearch quarterly estimate). At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

Hollywell has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

No infrastructure changes are anticipated in the area, as no projects have been identified by AreaSearch that could impact it. Key initiatives include Coombabah Lakelands Conservation Area park upgrades (scheduled for completion on 28th February 2023), Serenity 4212 (commenced on 1st July 2021 and expected to finish on 30th June 2025), and Hope Island Marina Shopping Centre Expansion (started on 1st January 2022, with completion planned for 31st December 2024).

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The employment environment in Hollywell shows above-average strength when compared nationally

Hollywell's workforce is skilled with notable representation in construction. The unemployment rate was 3.1% in the past year, with an estimated employment growth of 2.3%. As of September 2025, 1,544 residents were employed at a rate 0.9% below Rest of Qld's rate of 4.1%, but workforce participation lagged at 59.8%.

Approximately 19.4% of residents worked from home, potentially influenced by Covid-19 lockdowns. Key employment industries included construction, health care & social assistance, and retail trade, with construction being particularly concentrated at 1.6 times the regional average. Conversely, agriculture, forestry & fishing was under-represented at 0.2% of Hollywell's workforce compared to Rest of Qld's 4.5%. Local employment opportunities appeared limited, as indicated by the Census working population count versus resident population.

Over a 12-month period ending September 2025, employment increased by 2.3% while labour force rose by 2.4%, leading to a slight unemployment rate increase of 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 project overall growth of 6.6% over five years and 13.7% over ten years, but industry-specific projections for Hollywell suggest local employment should increase by 6.6% over five years and 13.4% over ten years.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

AreaSearch's latest postcode level ATO data for financial year ending June 2023 shows median income in Hollywell suburb is $57,556 and average income is $87,933. This contrasts with Rest of Qld where median income is $53,146 and average income is $66,593. Based on Wage Price Index growth of 9.91% from financial year ending June 2023 to September 2025, estimated median income in Hollywell would be approximately $63,260 and average income would be around $96,647. Census data from 2021 shows incomes in Hollywell cluster around the 57th percentile nationally. Income distribution in Hollywell has a predominant cohort of 31.8% (988 people) earning between $1,500 and $2,999 annually, similar to the broader area's pattern. High housing costs consume 15.2% of income, but strong earnings place disposable income at the 59th percentile nationally. Hollywell's SEIFA income ranking places it in the 6th decile.

Hollywell displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Hollywell's housing structure, as per the latest Census, consisted of 68.3% houses and 31.7% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro Qld had 76.4% houses and 23.6% other dwellings. Hollywell's home ownership rate was 44.5%, with the remaining dwellings either mortgaged (34.2%) or rented (21.4%). The median monthly mortgage repayment in Hollywell was $2,167, higher than Non-Metro Qld's average of $1,863 and the national average of $1,655. The median weekly rent figure in Hollywell was recorded at $345, compared to Non-Metro Qld's $530 and the national figure of $375.

Hollywell has a typical household mix, with a lower-than-average median household size

Family households comprise 74.1% of all households, including 27.7% couples with children, 37.8% couples without children, and 8.1% single parent families. Non-family households account for the remaining 25.9%, with lone person households at 23.0% and group households comprising 2.7%. The median household size is 2.4 people, smaller than the Rest of Qld average of 2.5.

Hollywell shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

In Hollywell Trail, 22.0% of residents aged 15+ hold university degrees, compared to Australia's 30.4%. This indicates potential for educational development. Bachelor degrees are most common at 15.4%, followed by postgraduate qualifications (4.2%) and graduate diplomas (2.4%). Vocational credentials are prominent with 41.2% of residents aged 15+ holding them, including advanced diplomas (13.3%) and certificates (27.9%).

A significant 22.8% of the population is currently engaged in formal education, comprising 8.1% in primary, 7.3% in secondary, and 3.3% in tertiary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Hollywell has ten active public transport stops, all bus services. These are operated by three routes, offering a total of 856 weekly passenger trips. Transport accessibility is rated good, with residents typically living 210 meters from the nearest stop. Most residents commute outward daily, predominantly using cars (96%). On average, there are 1.6 vehicles per dwelling. According to the 2021 Census, 19.4% of residents work from home, which may be influenced by COVID-19 conditions.

Service frequency averages 122 trips per day across all routes, resulting in about 85 weekly trips per stop.

Hollywell's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Hollywell's health outcomes show excellent results according to AreaSearch's assessment. Mortality rates and chronic condition prevalence were very low across all age groups. Private health cover was exceptionally high at approximately 62% of the total population (1,928 people), compared to 52.5% in Rest of Qld and a national average of 55.7%.

The most common medical conditions were arthritis and asthma, affecting 10.6 and 7.0% of residents respectively. Sixty-seven point four percent of residents declared themselves completely clear of medical ailments, similar to the 67.6% in Rest of Qld. Under-65 population health outcomes were better than average. The area had 30.0% of residents aged 65 and over (932 people), higher than Rest of Qld's 20.4%. Senior health outcomes were strong, broadly in line with national rankings.

Hollywell ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Hollywell's cultural diversity was found to be below average. Its population was predominantly born in Australia, with 77.1%. Citizenship stood at 89.5%, and English was spoken exclusively at home by 94.8%.

Christianity was the primary religion, accounting for 59.5% of Hollywell's population, compared to 52.2% across the rest of Queensland. The top three ancestry groups were English (34.5%), Australian (24.9%), and Irish (9.0%). Some ethnic groups showed notable differences: French was overrepresented at 0.9%, compared to 0.5% regionally, Russian at 0.6% (vs 0.2%), and New Zealand at 1.1% (vs 0.9%).

Hollywell ranks among the oldest 10% of areas nationwide

Hollywell's median age is 51, which exceeds Rest of Qld's figure of 41 and is higher than Australia's 38 years. Compared to Rest of Qld average, Hollywell has a notably over-represented 65-74 cohort (15.6%) while 25-34 year-olds are under-represented (7.7%). This concentration in the 65-74 age group is well above the national figure of 9.5%. From 2021 to present, Hollywell's population has seen growth in the 75-84 age group from 9.7% to 11.6%, while the 45-54 cohort declined from 14.0% to 11.4% and the 65-74 group dropped from 17.0% to 15.6%. By 2041, demographic projections indicate significant shifts in Hollywell's age structure. The number of people aged 85 and above is projected to more than double, increasing by 123 individuals (142%) from 87 to 211. Conversely, the population in the 15-24 age range is expected to decrease.