Mortgage Broker Flora Hill
Flora Hill is a suburb located 3 km south-east of Bendigo, Victoria. It is home to the Bendigo South East College and the La Trobe University Bendigo Campus with a population of roughly 4,000.
Buying a property in Flora Hill? We can help secure you the right finance
The Median house sale price range is $525,000 with a 41% increase in the last 4 years (March 2020-March 2024), the corresponding previous 4 years showed a 16% rise.
A steady increase in median property prices over a five-year period in the suburb translates to a 26.63% capital gain.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $440.
Home owners selling their properties and realtors in FLORA HILL usually have to wait an average of 41.2 days days before their assets are lifted off the market.
The VIC suburb ranks 85th on the list of best yielding suburbs for rental properties in VIC, posting a 4.35% return.
With the median unit price in FLORA HILL sitting at $399,000, and the average rent at $380, property owners could potentially earn a 4.95% increase in gross rental yield.
*As at 24/7/2024 (Data sourced from Realestate.com.au/Core Logic & Smart Property Investment)
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The right home loan for your needs
Our mission is to find the right home loan for your individual needs and always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation.
Contact Nathan Newlan and the team at Mortgage Choice on 03 5441 3600 or email nathan.newlan@mortgagechoice.com.au
The right home loan for your needs
Our mission is to find the right home loan for your individual needs and to always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation. ~
Smoother experience as they have all your information.
Better understanding of your financials to provide tailored advice. 
Faster response compared to being matched with a new broker.
