Floreat

Floreat lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of November 2025, Floreat's population is estimated at around 9,401, reflecting an increase of 780 people since the 2021 Census. This growth represents a 9.0% rise from the previous population count of 8,621. AreaSearch validated this estimate based on the resident population of 9,389 and 61 new addresses since the Census date, using ERP data released by the ABS in June 2024. The population density is high at 2,052 persons per square kilometer, surpassing national averages assessed by AreaSearch. Floreat's growth rate of 9.0% exceeded the national average of 8.9%. Overseas migration contributed approximately 84.0% to overall population gains, with other factors such as natural growth and interstate migration also playing a positive role.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 using 2022 as the base year. For areas not covered by this data, AreaSearch uses ABS Greater Capital Region projections released in 2023 based on 2022 data to estimate growth post-2032. These projections indicate an above median population growth for Floreat, with an expected expansion of 1,621 persons by 2041, reflecting a total increase of 17.1% over the 17-year period.

AreaSearch analysis of residential development drivers sees Floreat recording a relatively average level of approval activity when compared to local markets analysed countrywide

AreaSearch analysis of ABS building approval numbers in Floreat shows approximately 18 residential properties granted approval per year over the past five financial years. This totals an estimated 92 homes from FY-21 to FY-25. As of FY-26, 8 approvals have been recorded. On average, 6.7 new residents are associated with each home built in Floreat during these years.

The supply of new homes is lagging behind demand, which may lead to heightened buyer competition and pricing pressures. Developers focus on the premium market, with an average construction cost value of $1,655,000 per dwelling.

Commercial development approvals totalled $93,000 in FY-26, indicating a predominantly residential focus. Recent developments have exclusively consisted of detached houses, preserving Floreat's suburban character and attracting space-seeking buyers. There are approximately 530 people associated with each dwelling approval in Floreat, suggesting a developed market. According to the latest AreaSearch quarterly estimate, Floreat is projected to add 1,608 residents by 2041. At current development rates, housing supply may struggle to keep pace with population growth, potentially exacerbating buyer competition and supporting price increases.

Floreat has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified seven projects likely affecting the region. Notable ones are Jolie, Pearson & Newry Streets Mixed-Use Precinct, Floreat Forum Shopping Centre Redevelopment (Stage 2 Expansion), and Floreat Oval Precinct Redevelopment. The following list details those most relevant.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The exceptional employment performance in Floreat places it among Australia's strongest labour markets

Floreat has a highly educated workforce with strong representation in professional services. Its unemployment rate is 0.9%, according to AreaSearch's aggregation of statistical area data.

As of June 2025, Floreat had 5,196 residents employed, with an unemployment rate of 3.9% below Greater Perth's rate of 3.9%. Workforce participation was at 68.1%, compared to Greater Perth's 65.2%. Key industries for employment among residents were health care & social assistance, professional & technical services, and education & training. Floreat showed particular strength in professional & technical services, with an employment share of twice the regional level.

However, construction had limited presence, with only 6.3% employment compared to the regional average of 9.3%. The area appeared to offer limited local employment opportunities, as indicated by the difference between Census working population and resident population figures. In the 12-month period ending Sep-22, Floreat's labour force decreased by 1.4%, with employment declining by 1.7%, leading to a rise in unemployment of 0.3 percentage points. This contrasted with Greater Perth, where employment rose by 3.7% and the labour force grew by 3.8%. Jobs and Skills Australia's national employment forecasts from Sep-22 projected national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Floreat's employment mix suggested local employment should increase by 7.4% over five years and 15.1% over ten years, although these are simple extrapolations for illustrative purposes only and do not account for localised population projections.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

AreaSearch's latest postcode level ATO data for financial year 2022 indicates Floreat's median income among taxpayers was $66,712, with an average of $110,299. Nationally, this places Floreat in the top percentile. In comparison, Greater Perth's median income was $58,380 and average was $78,020. Considering a 14.2% growth in wages since financial year 2022, current estimates for Floreat would be approximately $76,185 (median) and $125,961 (average) by September 2025. According to Census 2021 income data, household, family, and personal incomes in Floreat rank highly nationally, between the 91st and 99th percentiles. Income distribution shows that 45.9% of Floreat's population (4,315 individuals) fall within the $4000+ income range, unlike the regional trend where 32.0% fall within the $1,500 - 2,999 range. This indicates a substantial proportion of high earners (57.1% above $3,000/week) in Floreat, reflecting strong economic capacity throughout the district. After housing costs, residents retain 89.2% of their income, demonstrating strong purchasing power and the area's SEIFA income ranking places it in the 10th decile.

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

In Floreat, as recorded in the latest Census, 89.8% of dwellings were houses, with the remaining 10.2% consisting of semi-detached properties, apartments, and other types. In contrast, Perth metro had no houses or other dwellings. Home ownership in Floreat stood at 46.3%, with mortgaged dwellings at 41.1% and rented ones at 12.6%. The median monthly mortgage repayment was $3,250, aligning with the Perth metro average, while the median weekly rent was $600. Nationally, Floreat's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Floreat features high concentrations of family households, with a median household size of 3.0 people

Family households comprise 83.5% of all households, including 49.6% couples with children, 25.7% couples without children, and 7.5% single parent families. Non-family households make up 16.5%, with lone person households at 14.7% and group households comprising 1.8%. The median household size is 3.0 people.

Floreat demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Educational attainment in Floreat is notably high with 57.5% of residents aged 15 and above holding university qualifications compared to the broader Western Australian average of 27.9% and the Greater Perth average of 30.1%. Bachelor degrees are the most common at 36.6%, followed by postgraduate qualifications at 15.4% and graduate diplomas at 5.5%. Vocational pathways account for 17.8% of qualifications among those aged 15 and above, with advanced diplomas at 9.2% and certificates at 8.6%. Educational participation is high with 34.6% of residents currently enrolled in formal education, including 11.7% in primary education, 11.5% in secondary education, and 7.7% pursuing tertiary education.

Floreat Park Primary School and Newman College - Marian Campus serve the area, collectively educating 598 students. The area's educational performance is exceptional with an ICSEA score of 1182, placing local schools among the most advantaged nationally. Both schools focus exclusively on primary education, with secondary options available in surrounding areas. Note: where school enrolments are 'n/a', please refer to the parent campus for accurate data.

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

Transport analysis shows 71 active stops operating in Floreat, serving a mix of bus routes. These stops are covered by 10 individual routes, offering 1,447 weekly passenger trips combined. Residents enjoy excellent transport accessibility, with an average distance of 157 meters to the nearest stop.

Service frequency averages 206 trips per day across all routes, translating to approximately 20 weekly trips per stop.

Floreat's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Floreat demonstrates excellent health outcomes with a very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 71% of the total population of 6,672 people, compared to the national average of 55.3%.

The most common medical conditions in the area are asthma and arthritis, affecting 6.3% and 5.9% of residents respectively. A significant majority, 76.5%, report being completely free of medical ailments, contrasting with 0% across Greater Perth. As of June 20XX (source date), Floreat has 19.6% of its population aged 65 and over, totaling 1,842 people. Health outcomes among seniors are notably strong and largely align with the overall population's health profile.

The level of cultural diversity witnessed in Floreat was found to be above average when compared nationally for a number of language and cultural background related metrics

Floreat, surveyed in 2016, had a higher than average linguistic diversity with 12.7% speaking a language other than English at home. Overseas-born population was 28.4%. Christianity dominated Floreat's religion scene at 50.3%, but Judaism stood out at 0.2%, compared to none in Greater Perth.

Regarding ancestry, the top three were English (27.7%), Australian (24.3%), and Irish (9.2%). Notably, South African (1.2%) Croatian (1.2%) and Dutch (1.8%) groups were overrepresented in Floreat compared to regional averages.

Floreat hosts an older demographic, ranking in the top quartile nationwide

The median age in Floreat is 42 years, significantly higher than Greater Perth's average of 37 years and Australia's average of 38 years. The 5-14 age group comprises 16.2% of the population, compared to Greater Perth, while the 25-34 age group makes up 5.3%. Post-2021 Census data shows that the 65-74 age group has grown from 8.9% to 10.8%, and the 75-84 age group has increased from 4.7% to 6.4%. Conversely, the 0-4 age group has declined from 4.8% to 3.7%. Population forecasts for 2041 indicate substantial demographic changes in Floreat. The 75-84 age group is expected to grow by 109%, reaching 1,256 people from 601. Notably, the combined 65+ age groups will account for 76% of total population growth, reflecting the area's aging demographic profile. In contrast, the 0-4 and 35-44 age cohorts are expected to experience population declines.