Property investors who have had real estate in Floreat, 6014 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.62%
Comparing Floreat,6014 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Floreat is giving property investors an average Vendor Discount of around -7.12%. This puts suburb at number 263th in WA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Floreat the average time real estate has been on the market is 64.94 days.
With the median price for a house in Floreat being $1182500 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 2.86%
Floreat has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -4.79% to date .
If we look at median property appreciation over just the last three months, Floreat has given property investors a paper return of -0.71%. This puts Suburb as 58 on a list of fastest fasting appreciating suburbs in WA
Situated 6.18km from the CBD, Floreat is one of Cambridge localities in the postcode 6014.