Suburb Profile Report for Florey ACT (2615)

Florey House: Median price $611,000, Annual capital growth 4.50%, Number of sales 35, Weekly median advertised rent $510

Florey Unit: Median price $420,000, Annual capital growth 3.25%, Number of sales 35, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 2600th in the list of Australian suburbs ordered by increase in median house value over the last year, Florey, 2615 is in the BOTTOM 40% with a property value increase of 2.69% recorded in median house prices.

A 9.11% growth in median value for property investors in Florey,2615 puts this suburb at number 24th in terms of best performing suburbs in ACT

The most recent median price for Florey is $611000, with sellers offering an average of -2.27% off the asking price.

On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.

Florey has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -2.89% to date .

If we look at median property appreciation over just the last three months, Florey has given property investors a paper return of 1.20%. This puts Suburb as 29 on a list of fastest fasting appreciating suburbs in ACT

Florey2615 is located in ACT which offers an average discount of -4.07% to property investors. Florey itself is showing figures that indicate -4.55% is the average achievable by property buyers investing in the suburb.

Florey, 2615’s gross rental yield is 5.20%

Metrics i HOUSE UNIT
$611,000 $420,000
4.71% 1.20%
2.69% -2.89%
4.50% 3.25%
$510 $420
35 35
4.34% 5.20%
50.81 52.43

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 5042
Median household income ($/weekly) 1636
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 628 12.5
    25-34 years 730 14.5
    35-44 years 674 13.4
    45-54 years 799 15.9
    55-64 years 610 12.1
    Others 1599 31.7
    Age Group
    Census Count Percent(%)
    Registered Married 1832 47.9
    Not Married 1670 43.7
    Defacto Relationship 320 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3381 70.0
    Croatia 126 2.6
    United Kingdom 175 3.6
    Viet Nam 154 3.2
    Other 306 6.3
    Others 691 14.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 308 6.6
    Christianity 2818 60.8
    Hinduism 132 2.8
    Islam 157 3.4
    No Religion 1189 25.6
    Others 34 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 141 8.6
    $1,500-$1,999 218 13.3
    $2,000-$2,499 170 10.3
    $2,500-$2,999 161 9.8
    $3,000-$3,499 153 9.3
    Others 802 48.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1723 43.4
    Not in the labour force 1139 28.7
    Employed, worked part-time 809 20.4
    Employed, away from work 172 4.3
    Unemployed, looking for work 130 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 321 11.9
    Professionals 700 25.9
    Technicians & trades workers 281 10.4
    Community & personal service workers 259 9.6
    Clerical & administrative workers 571 21.1
    Others 572 21.2
    Occupation
    Census Count Percent(%)
    Pre-school 69 4.9
    Infants/Primary 405 28.5
    Secondary 403 28.3
    Technical or Further Educational Institution 148 10.4
    University or other Tertiary Institutions 366 25.7
    Others 31 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4195 86.9
    Semi-detached, row or terrace house, townhouse 345 7.1
    Flat, unit or apartment 289 6.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 671 37.4
    Being purchased 567 31.6
    Fully owned 553 30.8
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals