All About Florey, Unincorporated ACT, ACT, 2615

Florey, located in the Belconnen district of the Australian Capital Territory, presents a compelling picture of the housing market characteristic of the Canberra region's broad trends. It is a well-established suburb, with a variety of housing options ranging from older, spacious family homes to more modern townhouses, reflecting both traditional and contemporary architectural styles. As of the latest data, Florey has seen a steady increase in property values, driven by factors such as its proximity to central Canberra, quality local amenities, and the area’s reputation for being family-friendly. The suburb appeals to homebuyers due to its balanced blend of residential properties that cater to diverse needs, from first-time homebuyers to those looking for a stable, quiet neighborhood to settle into. Rental properties are also in demand, buoyed by the suburb’s strong community feel and its accessibility to public transport and main roads leading to Canberra City and other key areas.

Living in Florey offers residents a comfortable suburban lifestyle with a strong sense of community. The suburb boasts several parks and recreational facilities, making it conducive to outdoor activities and family-friendly events. Local amenities, including schools, shopping centers, and healthcare facilities, contribute significantly to the quality of life. Moreover, the suburb's location within the Belconnen district means that residents can easily access the extensive shopping, dining, and entertainment options available in the area. Florey is particularly attractive to families, given its safe environment, proximity to educational institutions, and the active community spirit promoted through various local events and gatherings. The combination of these factors makes Florey a desirable place to reside for those seeking a balance between urban accessibility and a more laid-back suburban existence.

Florey Real Estate Market Outlook

Thinking about buying in Florey? Now could not be a better time, with 2135 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $904,000 with prices in this suburb ranging from $124,000 to $4,360,000. The aproximate distance to the coast is 114 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Florey are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Florey provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Florey necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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