Suburb Profile Report for Floraville NSW (2280)

Floraville House: Median price $647,500, Annual capital growth 8.04%, Number of sales 25, Weekly median advertised rent $420

Floraville Unit: Median price $375,000, Annual capital growth N/A, Number of sales 19, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report

With a capital gain of 22.29% for the last 12 months, Floraville, 2280 has performed for property investments than its average annual 8.04% property growth over the last 5 years.

Over the longer term, Floraville has seen property prices show investors a 33.51% return over the last 3 years. This is worse than over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Floraville, 2280. Typically our figures indicate that -6.76% is being offered, which puts this NSW suburb at 1395th most discounted overall in Australia.

In the last year 25 properties changed hands in Floraville, which puts it as the 1028th most active market in NSW when comparing the number of sales per suburb.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.37%, without taking into account capital value appreciation, which has been averaging out at 8.04%.

Metrics i HOUSE UNIT
$647,500 $375,000
17.73% 1.35%
22.29% N/A
8.04% N/A
$420 $360
25 19
3.37% 4.99%
105.66 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 1539
Median household income ($/weekly) 1691
Median age of persons 37
Median housing loan repayment ($/monthly) 1820
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 271 17.6
    25-34 years 150 9.7
    35-44 years 235 15.3
    45-54 years 237 15.4
    55-64 years 190 12.3
    Others 457 29.7
    Age Group
    Census Count Percent(%)
    Registered Married 655 58.3
    Not Married 398 35.4
    Defacto Relationship 70 6.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1372 91.0
    Greece 6 0.4
    Papua New Guinea 13 0.9
    United Kingdom 61 4.0
    Other 26 1.7
    Others 29 1.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1153 78.9
    No Religion 271 18.5
    Buddhism 15 1.0
    Islam 14 1.0
    Hinduism 8 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 41 8.9
    $1,500-$1,999 72 15.6
    $2,000-$2,499 52 11.2
    $2,500-$2,999 53 11.4
    $3,000-$3,499 43 9.3
    Others 202 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 470 40.3
    Not in the labour force 365 31.3
    Employed, worked part-time 267 22.9
    Employed, away from work 36 3.1
    Unemployed, looking for work 27 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 74 9.6
    Professionals 171 22.2
    Technicians & trades workers 132 17.1
    Clerical & administrative workers 109 14.1
    Sales 103 13.4
    Others 182 23.6
    Occupation
    Census Count Percent(%)
    Pre-school 44 9.6
    Infants/Primary 162 35.5
    Secondary 150 32.9
    Technical or Further Educational Institution 34 7.5
    University or other Tertiary Institutions 54 11.8
    Others 12 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1351 90.2
    Semi-detached, row or terrace house, townhouse 146 9.8
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 236 47.0
    Fully owned 174 34.7
    Rented 92 18.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals