Property investors who have had real estate in Floraville, 2280 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.47%
The five-year average increase in median property values for Floraville,2280 has given property investors a potential capital gain of 22.16% across each of those five years.
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 -4.37% is being offered, which puts this NSW suburb at 3023th most discounted overall in Australia.
In the last year 30 properties changed hands in Floraville, which puts it as the 952th most active market in NSW when comparing the number of sales per suburb.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.15%, without taking into account capital value appreciation, which has been averaging out at 5.19%.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.