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Investment Property Flora Hill, VIC, 3550

Suburb Snapshot

Flora Hill is a suburb in the Greater Bendigo Region of Victoria. Flora Hill has a population of 3,955 people and 44.57% of its occupants live in rental accommodation. The median listing price for houses is $499,000 and this has changed -5.32% over the past year and changed -4.04% over 2 years.

The median rent in Flora Hill for houses is $450 per week and the median rental yield is 4.68%. Stock on the market for houses/townhouses has changed -50.00% compared to last year and the average time to sell a house/townhouse is 110 days.The median listing price for units is $385,000 and this has changed 1.31% over the past year. The average unit takes 53 days to sell and the median rent for a unit in Flora Hill is $360 per week, producing a rental yield of 4.86%.

Supply & Demand in Flora Hill, Greater Bendigo

0.96%

Current vacancy rate


19

Rental stock available


3,955

Population


44.57%

Rental population


0.72%

Current vacancy rate


411

Rental stock available


110,479

Population


24.07%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Flora Hill, Greater Bendigo

  House Townhouses Units
Median listing price $499,000 NA $385,000
Median price change - last quarter -2.16% NA 1.31%
Median price change - 1 year -5.32% NA 1.31%
Median price change - 2 years -4.04% NA NA
  House Townhouses Units
Median weekly rent $450 $425 $360
Median yield % 4.68% NA 4.86%
Median rent change - 1 year 7.14% 1.19% 7.46%
  House Units
Previous month sales 5 3
Stock on market previous month 20 4
Stock variance vs. last year -50.00% -33.33%
Average days on market 110 53

Flora Hill investment property listings

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