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Floreat

Suburb Profile

Floreat - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6014

house

Property investments in FLOREAT fare well against the rest of the country last year, registering a median home price increase of 13.28%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains FLOREAT, 6014 saw average growth in the long term.

Real estate investors could earn a rental income of $685 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 46.3 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,450,000.

FLOREAT ranks 407th on the list of best yielding suburbs for rental properties in WA, posting a 2.46% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,450,000 N/A
GROWTH REPORT
Median Quarterly 3.02% N/A
Median 12 month 13.28% N/A
Median 3 years 13.28% N/A
Median 5 years 11.97% N/A
10 years average annual 1.72% N/A
Weekly media advert. rent $685 N/A
Time on Market 46.3 days N/A
Gross Rental Yield Percent 2.46% N/A
demographics (median values)
Total Population
7024
Weekly Household Income
1833
Household Size
2.90
demographics
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