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Floraville, NSW 2280

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Floraville, NSW 2280 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Floraville, NSW 2280”

  1. The total adult population (15 years or older) of Floraville 2280 NSW is 1,436, with a median age of 40. Of those, 54.87% are married, 9.96% are divorced or separated, 31.82% are single and 3.83% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $9,704. The median monthly mortgage repayment for households in this suburb is $2,123 which is 21.88% of their earnings.

    Source: ABS Census Data (2021)

  2. Homes in the tranquil suburb of Floraville, located in New South Wales, showcase an interesting picture for property investors, especially with the unique blend of essential, fundamental, supply, and demand metrics observed throughout Q3 2023.

    The suburb is home to an estimated 717 households, presenting a substantive market for both potential buyers and renters. As the quarter progressed, the average price of homes within Floraville settled at approximately $859,225. Median weekly rents fell into the range of $639, thereby creating an indicative yield of almost 3.87%. This yield level is just above the minimum 3% benchmark desired by investors that are essentially focused on cashflow.

    With an IRSAD score standing around 1,029 out of 1,217, Floraville has an above-average socio-economic standing, hinting at a community of residents with a strong income capacity. Another compelling metric is the relatively low renter to owner ratio, which is about 16%. This suggests a dominated owner-occupier market, which is often associated with more stability and less competition among landlords.

    The suburb also boasts a favourable units-to-houses ratio of about 6%. This low percentage demonstrates a limited presence of units, as compared to houses, which makes the area more inviting to families in search of longer tenancy periods.

    When it comes to the Affordability Index, currently at 35 years, ownership for local residents can be considered a long-term investment. Furthermore, the minimal stock on market Percentage for houses, resting at 0.16%, alongside an inventory of just 0.44 months, reveals a significantly low supply creating a sellers’ market.

    Adding to this, there has been a virtual stand-still of new residential building approvals with a close to nil building approvals Ratio observed. This limited new development provides reassurance to existing property owners and potential investors over stability of property values in the upcoming period.

    The average duration on market for houses in Floraville has been recorded at 40 days which, while slightly beyond the high demand threshold of 35 days, still showcases a reasonably active market. In the meantime, vacancy rates linger at a middling 1.71%, suggesting a balanced demand for properties. The buy search index concludes the picture with a neutral outcome of 4, indicating a modest interest in purchasing houses in Floraville.

    While Floraville’s metrics indicate an interesting blend of favourable and neutral market conditions, it’s always important to look at trends and not just isolated statistics. Even more helpful is something like the RCS (Relative Composite Score) developed by HtAG Analytics which wraps several different information threads into one efficient, easy-to-comprehend package.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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