At number 3276th in the list of Australian suburbs ordered by increase in median house value over the last year, Flora Hill, 3550 is in the BOTTOM 30% with a property value increase of -3.26% recorded in median house prices.
While Flora Hill,3550 ranked number 603th in VIC for increase in median house value (annualised) increase, it is ranked 445th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Flora Hill is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 257th in terms of most discounted suburbs in VIC
In the last year 65 properties changed hands in Flora Hill, which puts it as the 364th most active market in VIC when comparing the number of sales per suburb.
Flora Hill, 3550 ranked 170th in VIC when comparing growth in median property values or capital gain over the last 12 months. Flora Hill is one of 2098 in our list for VIC
Across a shorter period, Flora Hill, 3550 has seen a median price increase of 4.17% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Flora Hill is offering property investors an average of -5.33. This rate of discount on properties puts Suburb at number 116th in terms of most discounted suburbs in VIC
A $250 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 4.21%.