Property investors who have had real estate in Flora Hill, 3550 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.93%
Taking the average capital gain, or increase in median house value, Flora Hill,3550 has racked up an average of 0.93% over the period. This ranks it number 3026th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Flora Hill 3550 should be seeing an average reduction in asking price of around -6.46% . This means that Flora Hill is holding prices well when compared to other suburbs in VIC.
In the last year 70 properties changed hands in Flora Hill, which puts it as the 346th most active market in VIC when comparing the number of sales per suburb.
Flora Hill, 3550’s gross rental yield is 4.64%
Flora Hill, 3550 ranked 15th 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
The five-year average increase in median property values for Flora Hill,3550 has given property investors a potential capital gain of 9.53% across each of those five years.
The most recent median price for Flora Hill is $270000, with sellers offering an average of -7.20% off the asking price.