Suburb Profile Report for Florey ACT (2615)

Florey House: Median price $632,500, Annual capital growth 3.60%, Number of sales 39, Weekly median advertised rent $480

Florey Unit: Median price $423,000, Annual capital growth 1.98%, Number of sales 13, Weekly median advertised rent $440

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Sep 2019 as supplied by CoreLogic. Data is reported to the period ending Jun 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report
Unit Report

Property value increases in Florey have tracked close to the ACT average of 2.94% over the last 12 months.

The five-year average increase in median property values for Florey,2615 has given property investors a potential capital gain of 18.89% across each of those five years.

Renters in Suburb are facing rents around $24960 per annum or $480 every week.

Property value increases in Florey have tracked just higher than the ACT average of 1.33% over the last 12 months.

If we look at median property appreciation over just the last three months, Florey has given property investors a paper return of 6.15%. This puts Suburb as 6 on a list of fastest fasting appreciating suburbs in ACT

Florey, 2615’s gross rental yield is 5.41%

Metrics	HOUSE	UNIT
Median price	$632,500	$423,000
Quarterly growth	1.52%	6.15%
12-month growth	2.43%	5.75%
Average Annual Growth	3.60%	1.98%
Weekly median advertised rent	$480	$440
Number of sales	39	13
Gross rental yield	3.95%	5.41%
Days on market	40.9655172413793	N/A

Your estimated repayment
$2,447.15/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

DSR Score for property investment : Very good (H), Very good (U)

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Demographics

Total population	5042
Median household income ($/weekly)	1636
Median age of persons	35
Median housing loan repayment ($/monthly)	1733
Average household size	2.7

Census	Count	Percent(%)
5-14 years	628	12.5
25-34 years	730	14.5
35-44 years	674	13.4
45-54 years	799	15.9
55-64 years	610	12.1
Others	1599	31.7

Age Group

Census	Count	Percent(%)
Registered Married	1832	47.9
Not Married	1670	43.7
Defacto Relationship	320	8.4

Social Marital Status

Census	Count	Percent(%)
Australia	3381	70.0
Croatia	126	2.6
United Kingdom	175	3.6
Viet Nam	154	3.2
Other	306	6.3
Others	691	14.3

Country of Birth

Census	Count	Percent(%)
Buddhism	308	6.6
Christianity	2818	60.8
Hinduism	132	2.8
Islam	157	3.4
No Religion	1189	25.6
Others	34	0.7

Religious Affiliation

Census	Count	Percent(%)
$1,000-$1,249	141	8.6
$1,500-$1,999	218	13.3
$2,000-$2,499	170	10.3
$2,500-$2,999	161	9.8
$3,000-$3,499	153	9.3
Others	802	48.8

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	1723	43.4
Not in the labour force	1139	28.7
Employed, worked part-time	809	20.4
Employed, away from work	172	4.3
Unemployed, looking for work	130	3.3

Person Characteristics

Census	Count	Percent(%)
Managers	321	11.9
Professionals	700	25.9
Technicians & trades workers	281	10.4
Community & personal service workers	259	9.6
Clerical & administrative workers	571	21.1
Others	572	21.2

Occupation

Census	Count	Percent(%)
Pre-school	69	4.9
Infants/Primary	405	28.5
Secondary	403	28.3
Technical or Further Educational Institution	148	10.4
University or other Tertiary Institutions	366	25.7
Others	31	2.2

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	4195	86.9
Semi-detached, row or terrace house, townhouse	345	7.1
Flat, unit or apartment	289	6.0
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0