Investment property in Florey has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.11%
Comparing Florey,2615 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.
Advertised rents are around the $480 mark per week – giving a return of 3.99% based on the median price in Suburb
If you compare the increase in value of investment property in Florey, 2615 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 1.53%.
A 6.27% growth in median value for property investors in Florey,2615 puts this suburb at number 51th in terms of best performing suburbs in ACT
A $440 per week rent on the median house gives suburb investors a gross yield of circa 5.74%, without taking into account capital value appreciation, which has been averaging out at 1.74%.