Florey
Statistical Area - sa2

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

As of Aug 2025, Florey's population is around 4,712, a decrease of 69 people (1.4%) since the 2021 Census which reported a population of 4,781. This change is inferred from the estimated resident population of 4,712 as of June 2024 and address validation since the Census date. The population density ratio is 1,707 persons per square kilometer, above the average seen 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 2022 as the base year.

For areas not covered and years post-2032, age group growth rates from ACT Government's SA2 area projections are adopted. Projected demographic shifts indicate a decline of 532 persons by 2041, with the 75 to 84 age group 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 two new homes approved per year. Development approval data is produced by the ABS on a financial year basis, totalling 11 approvals across the past five financial years from FY20 to FY25, with no recorded approvals yet in FY26. The population decline over recent years has resulted in adequate development activity relative to demand, maintaining housing supply balance and offering good buyer choice, with new properties constructed at an average expected construction cost of $116,000, below regional levels. Commercial development approvals totalling $2.7 million have been recorded this financial year, indicating limited commercial focus compared to the Australian Capital Territory.

Florey records lower building activity than both the ACT and national averages, suggesting market maturity and possible development constraints. All new construction in Florey has consisted of standalone homes, preserving its suburban character with a focus on family homes appealing to those seeking space. Developers are constructing more detached housing than the existing pattern suggests (77.0% at Census), reflecting strong demand for family homes. With approximately zero people per dwelling approval, Florey exhibits low-density characteristics. 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 emerging levels of nearby infrastructure activity, ranking in the 22ndth percentile nationally

No infrastructure projects were identified by AreaSearch as likely to impact the area. Key projects include Garden City Cycleway, Onderra, Belconnen Mixed-Use Towers, and New Northside Hospital.

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 has an educated workforce with significant representation in essential services sectors. Its unemployment rate was 4.8% as of June 2025, with an estimated employment growth of 3.4% over the past year.

As of that date, 2,459 residents were employed while the unemployment rate was higher than the Australian Capital Territory's (ACT) rate by 1.4%, at 4.8%. Workforce participation in Florey was lower, at 63.4%, compared to ACT's 69.6%. Employment among residents was concentrated in public administration & safety, health care & social assistance, and education & training sectors.

However, the proportion of local workers employed in these sectors was lower than in ACT. The area appears to have limited local employment opportunities, as shown by the Census working population vs resident population count. From June 2024 to June 2025, employment levels increased by 3.4% while labour force increased by 1.6%, leading to a decrease of 1.7 percentage points in unemployment rate. In contrast, ACT experienced employment growth of 1.9% and labour force growth of 1.6%, with a drop of 0.3 percentage points in unemployment rate. As of Sep-25, ACT's employment had contracted by 0.33% (losing 1,480 jobs), with an unemployment rate of 4.2%. This compares favourably to the national unemployment rate of 4.5%, but lags behind national employment growth of 0.26%. Jobs and Skills Australia's national employment forecasts from May 2025 project a 6.6% increase over five years and 13.7% over ten years nationally. Applying these projections to Florey's employment mix suggests local growth of approximately 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 aggregated latest postcode level ATO data released for financial year 2022 shows Florey had a median taxpayer income of $60,036 and an average of $67,862. Nationally, the averages were $68,678 and $83,634 respectively in Australian Capital Territory. Based on Wage Price Index growth of 10.78% since financial year 2022, current estimates for Florey would be approximately $66,508 (median) and $75,178 (average) as of March 2025. Census 2021 data ranks incomes in Florey between the 71st and 81st percentiles nationally for households, families, and individuals. The income distribution shows 33.2% (1,564 individuals) earn $1,500 - 2,999 weekly, similar to regional levels at 34.3%. High earners comprise 30.9%, indicating strong economic capacity. Housing accounts for 13.8% of income, with residents ranking in 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, as per the latest Census evaluation, 76.8% of dwellings were houses while 23.1% comprised semi-detached homes, apartments, and other types of dwellings. This differed from the Australian Capital Territory's figures of 69.4% houses and 30.5% other dwellings. Home ownership in Florey stood at 33.2%, with mortgaged properties accounting for 31.8% and rented dwellings making up 35.0%. The median monthly mortgage repayment in the area was $1,950, lower than the Australian Capital Territory average of $2,000. Median weekly rent in Florey was recorded at $415, compared to the Australian Capital Territory's $430. Nationally, Florey's median monthly mortgage repayments were higher at $1,950 against the Australian average of $1,863, while 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 comprise 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 constitute the remaining 28.6%, with lone person households at 24.9% and group households comprising 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+, exceeding 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+ – 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 with 42.8 school places per 100 residents, significantly above the regional average of 15.1, attracting students from surrounding communities. Florey demonstrates above-average socio-educational conditions with an ICSEA score of 1058.

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

The analysis shows 43 active transport stops in Florey. These are bus stops serviced by 9 different routes, providing a total of 1,497 weekly passenger trips. The accessibility is rated excellent with residents typically located 180 meters from the nearest stop.

On average, there are 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's health indicators show below-average outcomes, with common health conditions slightly more prevalent across both younger and older age groups compared to average. Private health cover stands at approximately 53%, involving around 2,516 people, which is lower than the Australian Capital Territory's 57.1%.

Mental health issues affect 9.3% of residents, while asthma impacts 8.8%. About 65.5% report being completely clear of medical ailments, compared to 68.1% across the territory. Florey has 19.5% of residents aged 65 and over (918 people), higher than the Australian Capital Territory's 15.3%. Overall health profile is broadly similar to that of the general population.

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 was found to be more culturally diverse 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% of its population. Notably, Buddhism had a higher representation in Florey at 5.2%, compared to the Australian Capital Territory average of 3.0%.

The top three ancestral groups based on country of birth of parents were English (22.4%), Australian (22.2%), and Other (12.4%). Some ethnic groups showed significant differences: Croatian was overrepresented at 1.4% in Florey compared to the regional average of 0.8%, 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 figure of 35 and comparable to Australia's median age of 38. The age group of 65-74 has strong representation in Florey at 11.9%, compared to the Australian Capital Territory, while the 15-24 cohort is less prevalent at 10.9%. Between 2021 and present, the 75 to 84 age group has grown from 4.8% to 6.2% of the population, while the 65 to 74 cohort 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 291. This growth will be led by those aged 65 and above, who will comprise all of the projected population growth. Meanwhile, the 65 to 74 and 0 to 4 age cohorts are expected to experience population declines.