If you compare the increase in value of investment property in Florey, 2615 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was 1.22%.
The five-year average increase in median property values for Florey,2615 has given property investors a potential capital gain of 3.01% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Florey is offering property investors an average of -4.63. This rate of discount on properties puts Suburb at number 45th in terms of most discounted suburbs in ACT
Using the current median advertised rental of $485 and the average annual increase in value of a median property of 4.27%, investors should hope to achieve an overall return of 4.33%
Investment property in Florey has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.53%
Florey,2615 was ranked 1302 in Australia by increase in median property value over the quarter.
Florey, 2615 is offering ACT ‘s 6th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this ACT.
Florey, 2615’s gross rental yield is 4.67%