Powered by MOMENTUM MEDIA
AREA REPORTS

Florey

Suburb Profile

Florey - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2615

house
unit
FLOREY ranks 19th in ACT when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 5.63% for the past year is higher than average compared to its 21.62% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in FLOREY, the median home price is sitting at $647,000, and the average rent at $500, this suggests property owners could potentially earn a 4.02% increase in gross rental yield.

Property investors have seen a 3.52% gain in FLOREY based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.78% growth over a ten-year period. It ranks 2124th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $647,000 $423,000
GROWTH REPORT
Median Quarterly 3.52% 8.74%
Median 12 month 5.63% 7.09%
Median 3 years 26.86% 17.5%
Median 5 years 21.62% 12.8%
10 years average annual 3.78% 1.93%
Weekly media advert. rent $500 $440
Time on Market 54.4 days 36.0 days
Gross Rental Yield Percent 4.02% 5.41%
demographics (median values)
Total Population
5109
Weekly Household Income
1423
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Development team

Investment tip: Building a property development team

Success in property development, as in all wealth-creation strategies, requires passion and dedication, thorough research, and the help of r...

Tim Lawless

Tim Lawless talks 10-year housing trends

CoreLogic head of research Tim Lawless has offered his insight into housing affordability over the past 10 years, giving investors an idea a...

Sold sign

Real estate’s most useless statistic

One of the most useless statistics in real estate for those looking to jump on the property ladder for the first time is the median house pr...

First home buyers

Property investment 101: Loan options for first home buyers

Having a well-structured mortgage loan that suits the investor’s specific needs, capabilities, limitations and long-term goals is among th...

Terrazzo interior

How to style a home on-trend in 2020

Property is just as prone to changing styles and trends as any other aspect of society – so with a new decade just about upon us, what are...

Residential properties

Property investment 101: Common types of investors and properties

Before diving into your first property purchase, get to know the basics of property investment, starting with the most common types of inves...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.