Florey

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

Florey's population was 4,781 as per the 2021 Census. By November 2025, it had decreased to around 4,711, a drop of 70 people (1.5%). This decrease is inferred from ABS estimated resident population figures for June 2024 and address validation since the Census date. The population density in Florey as of November 2025 was approximately 1,706 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Overseas migration contributed about 67.5% of overall population gains during recent periods.

AreaSearch uses 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 adopted. According to these projections, Florey's population is expected to decline by 532 persons by 2041. However, specific age cohorts like the 75 to 84-year-olds are projected to grow, with an increase of 67 people anticipated in this group 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. The area's population decline suggests that new supply has likely kept pace with demand, offering buyers good choice while new properties are constructed at an average expected cost value of $297,000. This year, $2.7 million in commercial development approvals have been recorded, indicating limited focus on commercial development relative to residential.

Compared to the Australian Capital Territory, Florey shows substantially reduced construction activity, with 94.0% below the regional average per person, which generally supports stronger demand and values for established homes. This activity is also below national averages, reflecting the area's maturity and possible planning constraints. All new construction in Florey has been comprised of detached houses, sustaining its 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), reflecting 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.

Given stable or declining population forecasts, Florey may experience less housing pressure, creating favourable conditions for buyers.

Florey has limited levels of nearby infrastructure activity, ranking in the 17thth percentile nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified three projects that may affect this region: Wayfarer Belconnen by Geocon (Stage 2), Belconnen Lakeshore - Connected Waterfront Precinct, Belconnen Town Centre Master Plan & District Strategy, and Kippax Fair Expansion & Upgrade. The following list details those most relevant.

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

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Florey shows employment indicators that trail behind approximately 70% of regions assessed across Australia

Florey's workforce is highly educated with significant representation in essential services sectors. The unemployment rate was 5.1% as of September 2025, with an estimated employment growth of 2.0% over the previous year.

As of this date, 2,405 residents were employed while the unemployment rate was 3.7 percentage points higher than the Australian Capital Territory's rate of 3.6%. Workforce participation in Florey stood at 63.4%, compared to the Australian Capital Territory's 69.6%. Key industries of employment among residents included public administration & safety, health care & social assistance, and education & training.

Public administration & safety had a limited presence with 26.3% employment compared to the regional average of 30.4%. Over the 12 months to September 2025, employment increased by 2.0%, while labour force grew by 0.9%, leading to a decrease in unemployment rate by 1.1 percentage points. In comparison, Australian Capital Territory saw employment grow by 1.4% and unemployment fall by 0.2 percentage points over the same period. State-level data as of 25-Nov showed ACT employment grew by 1.19% year-on-year, with an unemployment rate of 4.5%, compared to the national rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 projected a 6.6% increase over five years and 13.7% over ten years nationally. Applying these projections to Florey's employment mix suggested local employment should increase by 6.6% over five years and 13.4% over ten years, based on simple weighting extrapolation for illustrative purposes.

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 SA2's median income among taxpayers was $60,036 with an average of $67,862. This was above the national average, compared to Australian Capital Territory's median of $68,678 and average of $83,634. Based on Wage Price Index growth of 13.6% since financial year 2022, current estimates for Florey as of September 2025 would be approximately $68,201 (median) and $77,091 (average). Census 2021 income data shows household, family and personal incomes in Florey ranked highly nationally, between the 71st and 80th percentiles. Income distribution showed that 33.2% of residents (1,564 people) fell within 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 achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. Housing accounted for 13.8% of income, while strong earnings placed residents 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

Dwelling structure in Florey, as evaluated at the latest Census, comprised 76.8% houses and 23.1% other dwellings. In comparison, Australian Capital Territory had 69.4% houses and 30.5% other dwellings. Home ownership in Florey was 33.2%, with mortgaged dwellings at 31.8% and rented ones at 35.0%. The median monthly mortgage repayment in Florey was $1,950, lower than the Australian Capital Territory average of $2,000. Median weekly rent in Florey was $415, compared to $430 in Australian Capital Territory. Nationally, Florey's median monthly mortgage repayments were higher at $1,950 versus Australia's average of $1,863, and median weekly rents were substantially higher at $415 compared to 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 comprise the remaining 28.6%, with lone person households at 24.9% and group households making up 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.

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

The analysis of public transport in Florey indicates that there are currently 43 active transport stops operating within the area. These stops serve a mix of bus routes, with a total of 9 individual routes providing service to the community. Each week, these routes collectively facilitate 1,497 passenger trips.

The accessibility of transport in Florey is rated as excellent, with residents typically located approximately 180 meters from their nearest transport stop. On average, across all routes, there are 213 trips per day, equating to roughly 34 weekly trips per individual stop.

Health performance in Florey is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Florey faces significant health challenges, with common health conditions being somewhat prevalent across both younger and older age cohorts. The rate of private health cover is found to be fairly high at approximately 53% of the total population (~2,515 people), compared to 57.1% across Australian Capital Territory.

The most common medical conditions in the area are mental health issues and asthma, impacting 9.3 and 8.8% of residents respectively. Meanwhile, 65.5% of residents declare themselves as completely clear of medical ailments, compared to 68.1% across Australian Capital Territory. The area has 19.5% of residents aged 65 and over (918 people), which is higher than the 15.3% in Australian Capital Territory. This aligns broadly with the general population's health profile.

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 higher cultural diversity than most local markets, with 32.7% born overseas and 30.2% speaking a language other than English at home. Christianity was the predominant religion in Florey, accounting for 44.5%. Buddhism was notably more prevalent in Florey at 5.2%, compared to the Australian Capital Territory's average of 3.0%.

The top three ancestry groups were English (22.4%), Australian (22.2%), and Other (12.4%). Certain ethnic groups had notable differences: Croatian was overrepresented at 1.4% in Florey, Vietnamese at 3.4%, and Hungarian at 0.4%.

Florey's population aligns closely with national norms in age terms

Florey's median age stands at 39, which is higher than the Australian Capital Territory's figure of 35, and comparable to Australia's median age of 38. The age group of 65-74 years shows strong representation in Florey, accounting for 11.9% of the population, compared to the Australian Capital Territory. Conversely, the 15-24 age cohort is less prevalent in Florey at 10.9%. Between 2021 and present, the 75-84 age group has increased from 4.8% to 6.2%, while the 65-74 cohort has risen from 10.7% to 11.9%. However, during this period, the 55-64 age cohort has decreased from 14.1% to 11.8%. Looking ahead to 2041, demographic projections indicate significant shifts in Florey's age structure. Notably, the 75-84 age group is projected to grow by 17 people, reaching 341 from its current figure of 291. The aging population trend is evident, with those aged 65 and above contributing entirely to the projected growth. Conversely, the 65-74 and 0-4 age cohorts are expected to experience population declines.