Flora Hill has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -3.13% to date .
If we look at median property appreciation over just the last three months, Flora Hill has given property investors a paper return of -4.62%. This puts Suburb as 670 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Flora Hill 3550 should be seeing an average reduction in asking price of around -6.84% . This means that Flora Hill is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Flora Hill the average time real estate has been on the market is 87.84 days.
Flora Hill is in the TOP 20% in VIC when comparing median price capital growth over the last year. Flora Hill gave property investors a very good capital gain figure when compared to the rest of the state, with 12.50%.
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 -6.92% off the asking price.
A $242.5 per week rent on the median house gives suburb investors a gross yield of circa 4.67%, without taking into account capital value appreciation, which has been averaging out at 5.13%.