Suburb Profile

Suburb profile for,

Flora Hill, VIC 3550

About Flora Hill

Situated in Victoria's 3550 postcode, Flora Hill is a well-established residential suburb.

Demographics and Community

Flora Hill has a population of approximately 3,948, a median age of 28, a median weekly household income of $1,041.

Property Market Overview

The current median house price in Flora Hill is $555,000. Average annual growth is 8.8%.

Properties in Flora Hill spend an average of 37 days on market.

Rental Market

The median weekly rent for houses in Flora Hill is $322. Gross rental yield is 4.10%, providing a solid income return.

Nearby Suburbs

Explore other suburb profiles in the area: Bendigo, VIC, East Bendigo, VIC, Ironbark, VIC, Kennington, VIC, Long Gully, VIC.

Considering Flora Hill for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Flora Hill or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Flora Hill, VIC 3550

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
VIC
Suburb
FLORA HILL
Postcode
3550
Median price for all dwellings
$555,000
Last 12 months growth return
Up 8.8%
Avg. dwellings for sale in the suburb every month
25
Avg. dwellings sold in the suburb in previous 12 months
49
Avg days on market for a dwelling listing to sell
37 days
Avg. number of people searching in this suburb every month
1031
Avg. rental yield per annum
4.10%
Weekly median rent for all dwellings
$322 per week
Median price for all houses
$555,000
Avg. rental yield growth in the previous 12 months
4.10%
Avg. days for a rental listing to find a tennant
24 days
Total suburb population in 2016
3948
Total suburb population change in 5 years up to 2016
2.10%
Avg. household income per week
$1,041
Median age of the population in the suburb
28
Historic avg annual growth return per annum in the suburb
11.18%