Property value increases in Florey have tracked lower than the ACT average of 7.78% over the last 12 months.
Taking the average capital gain, or increase in median house value, Florey,2615 has racked up an average of 0.12% over the period. This ranks it number 3049th in the whole country for real estate investors looking at median house price increases.
Florey is 31th on a list of best yielding suburbs for rents in ACT with a 4.24% return
Investment property in Florey has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.62%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Florey has increased when compared to the 5 year average annual rate.
Vendor discounting in Florey is giving property investors an average Vendor Discount of around -4.71%. This puts suburb at number 12th in ACT when ranking the most discounted suburbs.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 3.31%.