Over the last year, property investments in Flora Hill, 3550 have given investors a capital gain of 0.93%. This compares very badly with the 8.12% for VIC as a whole.
While Flora Hill,3550 ranked number 325th in VIC for increase in median house value (annualised) increase, it is ranked 459th over the last 5 years.
Property buyers and investors in Flora Hill 3550 should be seeing an average reduction in asking price of around -6.80% . This means that Flora Hill is holding prices well when compared to other suburbs in VIC.
Situated 129.53km from the CBD, Flora Hill is one of Greater Bendigo localities in the postcode 3550.
With a capital gain of 20.00% for the last 12 months, Flora Hill, 3550 has performed for property investments than its average annual 5.00% property growth over the last 5 years.
Across a shorter period, Flora Hill, 3550 has seen a median price increase of 8.00% over the last quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.08% offered to property buyers. Sellers in Flora Hill itself are offering an average vendor discount of -7.20% to real estate investors.
In the last year 15 properties changed hands in Flora Hill, which puts it as the 328th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $250 mark per week – giving a return of 4.81% based on the median price in Suburb