Florey
Statistical Area - sa2

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

Based on AreaSearch's analysis, Florey's population was around 4712 as of Aug 2025. This reflected a decrease of 69 people (1.4%) since the 2021 Census which reported a population of 4781 people. The change was inferred from the estimated resident population of 4712 from the ABS as of June 2024 and address validation since the Census date. This level of population equated to a density ratio of 1707 persons per square kilometer, which was above the average seen across national locations assessed by AreaSearch. Population growth for the area was primarily driven by overseas migration contributing approximately 67.5% of overall population gains during recent periods.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, and for years post-2032, age group growth rates from the ACT Government's SA2 area projections, with 2022 as a base, were adopted. Considering these projected demographic shifts, over this period projections indicated a decline in overall population with the area's population expected to shrink by 532 persons by 2041 according to this methodology. However, growth across specific age cohorts was anticipated led by the 75 to 84 age group which was projected to increase by 67 people.

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 approved per year. Development approval data is produced by the ABS on a financial year basis. There were a total of 8 approvals across the past five financial years, from FY21 to FY25. As of now, there have been no recorded approvals in FY26.

The population has declined over recent years, with development activity being adequate relative to this decline, which is beneficial for buyers. New properties are constructed at an average expected construction cost value of $116,000, which is below regional levels, indicating more affordable housing choices for buyers. In the current financial year, there have been $2.7 million in commercial development approvals recorded, suggesting limited focus on commercial development. Compared to the Australian Capital Territory, Florey records significantly lower building activity, at 94% below the regional average per person. This scarcity of new properties typically strengthens demand and prices for existing properties.

The level of new construction is also lower than nationally, reflecting market maturity and possible development constraints. All new constructions in recent years have been standalone homes, maintaining the area's traditional suburban character with a focus on family homes that appeal to those seeking space. Developers are constructing more detached housing than the existing pattern implies, 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

No changes can influence a region's performance more than alterations to local infrastructure, major projects, and planning initiatives. Zero projects have been identified by AreaSearch as potentially impacting this area. Key projects include Garden City Cycleway, Onderra, Belconnen Mixed-Use Towers, and New Northside Hospital, with the following list detailing those most likely to be relevant.

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

Florey has seen below average employment performance when compared to national benchmarks

Florey's workforce is highly educated with significant representation in essential services sectors. The unemployment rate was 4.8% as of June 2025.

This figure represents a 3.4% increase from the previous year. Residents' employment growth outpaced the Australian Capital Territory (ACT) average, which stood at 1.9%. However, Florey's unemployment rate was 1.4% higher than ACT's rate of 3.4%.

Workforce participation in Florey lagged behind ACT's figure by 6.2 percentage points, at 63.4%. Key industries employing residents include public administration & safety, health care & social assistance, and education & training. Public administration & safety showed lower representation than the regional average of 30.4%, at 26.3%. The predominantly residential area appeared to offer limited local employment opportunities. Between June 2024 and June 2025, employment levels increased by 3.4% while labour force grew by 1.6%, leading to a decrease in unemployment by 1.7 percentage points. By comparison, ACT experienced employment growth of 1.9%. State-level data from Sep-25 showed ACT employment had contracted by 0.33%, with the state unemployment rate at 4.2%. This compares favourably to the national unemployment rate of 4.5% and lags behind national employment growth of 0.26%. National employment forecasts from Jobs and Skills Australia, issued in May 2025, project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Florey's employment mix suggests local growth of approximately 6.6%% over five years and 13.4% over ten years.

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

AreaSearch's latest postcode level ATO data for financial year 2022 shows Florey's median income among taxpayers is $60,036, with an average of $67,862. This is 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 10.78% since financial year 2022, current estimates would be approximately $66,508 (median) and $75,178 (average) as of March 2025. From the 2021 Census data, household, family and personal incomes in Florey rank highly nationally, between the 71st and 81st percentiles. The income band of $1,500 - 2,999 captures 33.2% of the community (1,564 individuals), similar to regional levels where 34.3% occupy this range. Higher earners make up a substantial presence with 30.9% exceeding $3,000 weekly. Housing accounts for 13.8% of income, while strong earnings rank residents within the 74th percentile for disposable income. The area's SEIFA income ranking places it in the 7th decile.

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

In Florey, houses accounted for 76.8% of dwellings according to the latest Census, with the remaining 23.1% being semi-detached homes, apartments, and 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 properties 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. 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 account for 71.4% of all households, including 30.5% consisting of couples with children, 27.5% being couples without children, and 11.8% comprising single parent families. Non-family households constitute the remaining 28.6%, with lone person households at 24.9% and group households making up 3.7% of the total. 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 and above, surpassing the Australian average of 30.4%. Bachelor degrees are the most common at 23.5%, followed by postgraduate qualifications (12.0%) and graduate diplomas (4.4%). Vocational pathways account for 24.9% of qualifications in those aged 15 and above, 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, including 9.1% in primary, 6.8% in secondary, and 6.0% pursuing tertiary education. Florey's three schools have a combined enrollment of 2,014 students, serving distinct age groups with two primary and one secondary school. The area functions as an educational hub, offering 42.7 school places per 100 residents, significantly higher than 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

Public transport analysis shows 43 active transport stops operating within Florey. These are served by a mix of buses along nine different routes. Together, 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, which equates 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 has below-average health outcomes, with common conditions slightly 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 65.5% of residents report no medical ailments. Private health cover is held by about 53% of the population (2,516 people), compared to 57.1% in Australian Capital Territory. Residents aged 65 and over make up 19.5% of Florey's population (918 people), higher than the 15.3% in 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 a language other than English at home. Christianity was the dominant religion in Florey, accounting for 44.5%. Buddhism was 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%). Notably, Croatian (1.4%) Vietnamese (3.4%) and Hungarian (0.4%) ethnicities had higher representations in Florey compared to regional averages of 0.8%, 1.2% and 0.3% respectively.

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 age group of 65-74 shows strong representation in Florey at 11.9%, compared to the Australian Capital Territory. However, the 15-24 cohort is less prevalent in Florey at 10.9%. Between 2021 and present, the 75 to 84 age group has increased from 4.8% to 6.2% of the population, while the 65 to 74 cohort grew from 10.7% to 11.9%. Conversely, the 55 to 64 cohort has declined from 14.1% to 11.8%. Looking ahead to 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 291. This growth is driven entirely by those aged 65 and above. Conversely, the 65 to 74 and 0 to 4 age cohorts are expected to experience population declines.