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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 $495,000 and this has changed -5.72% over the past year and changed -6.08% over 2 years.

The median rent in Flora Hill for houses is $450 per week and the median rental yield is 4.72%. Stock on the market for houses/townhouses has changed -29.73% compared to last year and the average time to sell a house/townhouse is 97 days.The median listing price for units is $385,000 and this has changed 1.31% over the past year. The average unit takes 58 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

1.06%

Current vacancy rate


21

Rental stock available


3,955

Population


44.57%

Rental population


0.68%

Current vacancy rate


393

Rental stock available


110,479

Population


24.07%

Rental population


0.93%

Current vacancy rate


28,886

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 $495,000 NA $385,000
Median price change - last quarter -2.16% NA 1.31%
Median price change - 1 year -5.72% NA 1.31%
Median price change - 2 years -6.08% NA NA
  House Townhouses Units
Median weekly rent $450 $430 $360
Median yield % 4.72% NA 4.86%
Median rent change - 1 year 7.14% 7.50% 5.88%
  House Units
Previous month sales 4 0
Stock on market previous month 26 5
Stock variance vs. last year -29.73% -16.67%
Average days on market 97 58

Flora Hill investment property listings

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