Investment property in Floreat has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.79%
Taking the average capital gain, or increase in median house value, Floreat,6014 has racked up an average of 9.79% over the period. This ranks it number 3373th in the whole country for real estate investors looking at median house price increases.
At number 234th of WA’s most discounted properties, Floreat is in the middle of the state/territory when listing in order of most discounted to least.
At number 1762 in a list of fastest selling suburbs, Floreat is just in the top half of suburbs in Australia with an average of days on market 68.92 for properties listed there.
Property investors should expect to get $662.5 weekly from the median priced house in this suburb.
Floreat, 6014 ranked 48th 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
In the last year 21 properties changed hands in Floreat, which puts it as the 80th most active market in WA when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $5760 per annum or $480 every week.
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