Property value increases in Floreat have tracked just lower than the WA average of -4.46% over the last 12 months.
Across a shorter period, Floreat, 6014 has seen a median price increase of 0.94% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Floreat is offering property investors an average of -8.25. This rate of discount on properties puts Suburb at number 290th in terms of most discounted suburbs in WA
Residents and property investors in Floreat have been waiting around 65.91 days to sell a property.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 0.66%, investors should hope to achieve an overall return of 2.86%
With a capital gain of -4.79% for the last 12 months, Floreat, 6014 has performed for property investments than its average annual -0.99% property growth over the last 5 years.