The suburb’s capital gain of -1.57% for the past year is lower than average compared to its 16.87% growth within a five-year period.
Also in FLOREY, the median home price is sitting at $611,250, and the average rent at $510, this suggests property owners could potentially earn a 4.34% increase in gross rental yield.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.62% growth over a ten-year period. It ranks 1770th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.57%||-5.72%|
|Median 3 years||4.04%||10.53%|
|Median 5 years||16.87%||2.69%|
|10 years average annual||4.62%||3.35%|
|Weekly media advert. rent||$510||$420|
|Time on Market||0.0 days||55.5 days|
|Gross Rental Yield Percent||4.34%||5.2%|