Floreat, 6014 ranked 40th in WA when comparing growth in median property values or capital gain over the last 12 months. Floreat is one of 1662 in our list for WA
Over the longer term, Floreat has seen property prices show investors a -1.85% return over the last 3 years. This is an improvement over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Floreat, 6014. Typically our figures indicate that -9.03% is being offered, which puts this WA suburb at 407th most discounted overall in Australia.
Over the last year, property investments in Floreat, 6014 have given investors a capital gain of -6.83%. This compares averagely with the -5.68% for WA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Floreat comes in at number 33th in WA.
In spite of Perth’s negative trend, the premium suburb of Floreat defies the norm by continuing to record growth over the 12 months to April 2017.Full summary
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In spite of Perth’s negative trend, the premium suburb of Floreat defies the norm by continuing to record growth over the 12 months to April 2017.
House prices increased by 3% during this period, with the median value clocking in at just over $1,250,000. This continues a fairly steady positive trend observed over the recent five-year period and shows there is growth potential here, even though the average rental yield is low at just 2.9%.
Floreat’s proximity to the Perth CBD likely contributes to the interest in the suburb, as it’s just 8km from the capital. Moreover, it’s loaded with amenities, including a shopping centre, restaurants, sports venues and several schools.Close