Florey
Statistical Area - sa2

Florey has shown very soft population growth performance across periods assessed by AreaSearch

As of November 2025, Florey's population is approximately 4,711, a decrease of 70 people from the 2021 Census figure of 4,781. This decline represents a 1.5% change since the census date. The estimated resident population of 4,711 as of June 2024 and address validation supports this inference. This results in a density ratio of 1,706 persons per square kilometer, which is higher than the average across national locations assessed by AreaSearch. Overseas migration contributed approximately 67.5% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered and years post-2032, age group growth rates from the ACT Government's SA2 area projections are used, also based on 2022 data. According to these projections, Florey's population is expected to decrease by 532 persons by 2041. However, specific age cohorts like the 75 to 84 group are projected to grow, with an increase of 67 people anticipated over this period.

The level of residential development activity in Florey is very low in comparison to the average area assessed nationally by AreaSearch

Florey has seen approximately one new home approval per year over the past five financial years, totalling eight homes. As of FY26, one approval has been recorded so far. The area's population decline suggests that new supply is likely keeping up with demand, providing good choice for buyers. New properties are constructed at an average expected construction cost value of $297,000.

This financial year has seen $2.7 million in commercial development approvals, indicating limited focus on commercial development. Compared to the Australian Capital Territory, Florey shows substantially reduced construction activity, with 94.0% below the regional average per person. This limited new supply generally supports stronger demand and values for established homes. The area's activity is also below national averages, reflecting its maturity and possible planning constraints. All new construction in Florey has been detached houses, sustaining the area's suburban identity with a concentration of family homes suited to buyers seeking space.

Developers are constructing more detached housing than the existing pattern implies (77.0% at Census), indicating persistent strong demand for family homes. Given stable or declining population forecasts, Florey may experience less housing pressure in the future, creating favourable conditions for buyers.

Florey has emerging levels of nearby infrastructure activity, ranking in the 22ndth percentile nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified three projects likely to affect the region: Wayfarer Belconnen Stage 2 by Geocon, Garden City Cycleway, Belconnen Lakeshore - Connected Waterfront Precinct, and Belconnen Town Centre Master Plan & District Strategy. The following details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Florey remain below the national average according to AreaSearch analysis

Florey has an educated workforce with 4.8% unemployment as of June 2025. This is 1.4% higher than the Australian Capital Territory's rate of 3.4%.

Workforce participation in Florey is 63.4%, compared to the ACT's 69.6%. Key industries for employment among residents are public administration & safety, health care & social assistance, and education & training. Public administration & safety has a limited presence with 26.3% employment compared to the regional average of 30.4%.

Employment opportunities locally may be limited as indicated by Census data. Over the year to June 2025, employment increased by 3.4%, while labour force grew by 1.6%, reducing unemployment by 1.7 percentage points. In comparison, ACT's employment grew by 1.9% and unemployment fell by 0.3%. Jobs and Skills Australia forecasts national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Florey's industry mix suggests local growth could be approximately 6.6%% over five years and 13.4% over ten years, based on a simple weighting extrapolation (not accounting for localized population projections).

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch released postcode-level ATO data for financial year 2022. Florey's median income among taxpayers was $60,036 with an average of $67,862. This was above the national average and compared to Australian Capital Territory's median of $68,678 and average of $83,634. By September 2025, based on Wage Price Index growth of 13.6%, estimated incomes were approximately $68,201 (median) and $77,091 (average). Census 2021 income data showed Florey's household, family, and personal incomes ranked highly nationally, between the 71st and 81st percentiles. Distribution data indicated that 33.2% of residents (1,564 people) fell into the $1,500-$2,999 bracket, similar to metropolitan regions where 34.3% occupied this range. Economic strength was evident with 30.9% of households earning high weekly incomes exceeding $3,000, supporting elevated consumer spending. Housing accounted for 13.8% of income, and residents ranked within the 74th percentile for disposable income. The area's SEIFA income ranking placed it in the 7th decile.

Florey is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

In Florey, as per the latest Census evaluation, 76.8% of dwellings were houses, with the remaining 23.1% being semi-detached, apartments, or other types. In comparison, Australian Capital Territory had 69.4% houses and 30.5% other dwellings. Home ownership in Florey stood at 33.2%, with mortgaged dwellings at 31.8% and rented ones at 35.0%. The median monthly mortgage repayment was $1,950, lower than the Australian Capital Territory average of $2,000. The median weekly rent in Florey was $415, compared to $430 in Australian Capital Territory. Nationally, Florey's mortgage repayments were higher at $1,950 versus the Australian average of $1,863, while rents were substantially above the national figure of $375.

Florey has a typical household mix, with a fairly typical median household size

Family households constitute 71.4% of all households, including 30.5% couples with children, 27.5% couples without children, and 11.8% single parent families. Non-family households account for the remaining 28.6%, with lone person households at 24.9% and group households comprising 3.7%. The median household size is 2.5 people, which aligns with the Australian Capital Territory average.

The educational profile of Florey exceeds national averages, with above-average qualification levels and academic performance metrics

The area's educational profile is notable regionally, with university qualification rates at 39.9% among residents aged 15+, surpassing the Australian average of 30.4%. Bachelor degrees are the most prevalent at 23.5%, followed by postgraduate qualifications (12.0%) and graduate diplomas (4.4%). Vocational pathways account for 24.9% of qualifications among those aged 15+, with advanced diplomas at 9.4% and certificates at 15.5%.

Educational participation is high, with 28.6% of residents currently enrolled in formal education. This includes 9.1% in primary education, 6.8% in secondary education, and 6.0% pursuing tertiary education. Florey's three schools have a combined enrollment of 2,014 students as of the latest data. The area demonstrates above-average socio-educational conditions with an ICSEA score of 1058. Education provision is balanced with two primary and one secondary school serving distinct age groups. As of recent statistics, the area functions as an education hub with 42.7 school places per 100 residents, significantly above the regional average of 15.1, attracting students from surrounding communities.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis shows 43 active transport stops operating within Florey. These stops serve a mix of bus routes, totaling 9 individual services. Collectively, these routes provide 1,497 weekly passenger trips.

Transport accessibility is rated excellent, with residents typically located 180 meters from the nearest stop. Service frequency averages 213 trips per day across all routes, equating to approximately 34 weekly trips per individual stop.

Health outcomes in Florey are marginally below the national average with common health conditions slightly more prevalent than average across both younger and older age cohorts

Florey shows below-average health outcomes, with common conditions more prevalent than average across both younger and older age groups. Mental health issues affect 9.3% of residents, while asthma impacts 8.8%.

Approximately 53% (~2,515 people) have private health cover, compared to 57.1% in the Australian Capital Territory. Sixty-five point five percent declare themselves completely clear of medical ailments, compared to 68.1% across the territory. Nineteen point five percent of residents are aged 65 and over (918 people), higher than the 15.3% in the Australian Capital Territory.

Florey was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Florey's population showed high cultural diversity, with 32.7% born overseas and 30.2% speaking languages other than English at home. Christianity was the predominant religion, comprising 44.5%. Buddhism was notably higher in Florey at 5.2%, compared to the Australian Capital Territory average of 3.0%.

For ancestry, the top groups were English (22.4%), Australian (22.2%), and Other (12.4%). Some ethnicities showed significant differences: Croatian at 1.4% in Florey vs 0.8% regionally, Vietnamese at 3.4% vs 1.2%, and Hungarian at 0.4% vs 0.3%.

Florey's population is slightly older than the national pattern

Florey's median age is 39, which is higher than the Australian Capital Territory's figure of 35 and comparable to Australia's median age of 38. The 65-74 age group constitutes 11.9% of Florey's population, higher than the Australian Capital Territory's figure, while the 15-24 cohort makes up 10.9%. Between 2021 and the present day, the 75 to 84 age group has grown from 4.8% to 6.2%, and the 65 to 74 cohort has increased from 10.7% to 11.9%. Conversely, the 55 to 64 cohort has declined from 14.1% to 11.8%. By 2041, demographic projections show significant shifts in Florey's age structure. The 75 to 84 group is projected to grow by 17%, reaching 341 people from the current figure of 291. This growth is led by those aged 65 and above, who will comprise all of Florey's population growth by 2041. Meanwhile, the 65 to 74 and 0 to 4 age cohorts are expected to experience population declines.