Property value increases in Florey have tracked higher than the ACT average of 6.14% over the last 12 months.
Florey,2615 has offered an average of 18.29% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Florey should be aiming for at least -4.44% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Florey have been waiting around 49.6 days to sell a property.
The ACT suburb of Florey, 2615 is in the Unincorporated ACT local government area.
Over the last year, property investments in Florey, 2615 have given investors a capital gain of 7.59%. This compares very favourably with the -0.70% for ACT as a whole.
Across a shorter period, Florey, 2615 has seen a median price increase of 2.20% over the last quarter.
Property buyers and investors in Florey 2615 should be seeing an average reduction in asking price of around -4.08% . This means that Florey is holding prices well when compared to other suburbs in ACT.
In the last year 36 properties changed hands in Florey, which puts it as the 30th most active market in ACT when comparing the number of sales per suburb.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 4.41%, investors should hope to achieve an overall return of 4.59%