At number 295th in the list of Australian suburbs ordered by increase in median house value over the last year, Floraville, 2280 is in the top 10% with a property value increase of 18.35% recorded in median house prices.
If we look at median property appreciation over just the last three months, Floraville has given property investors a paper return of 19.67%. This puts Suburb as 15 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Floraville are currently offering property investors an average price cut of -5.79% below the asking price at the moment.
Often selling an investment property can take time, and in Floraville the average time real estate has been on the market is 102.92 days.
With the median price for a house in Floraville being $645000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.39%
In the last year 17 properties changed hands in Floraville, which puts it as the 483th most active market in NSW when comparing the number of sales per suburb.