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Sales Activity
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Population
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
Floreat's population, as of November 2025, is approximately 9,400. This figure indicates a growth of 779 people since the 2021 Census, which reported a population of 8,621. The increase is inferred from ABS data showing an estimated resident population of 9,388 in June 2024 and the addition of 61 validated new addresses post-Census. This results in a population density ratio of 2,126 persons per square kilometer, higher than the national average assessed by AreaSearch. Floreat's growth rate of 9.0% since the 2021 Census is above the national average of 8.9%, positioning it as a growth leader in its region. Overseas migration contributed approximately 83.9% to overall population gains during recent periods, although all factors including natural growth and interstate migration were positive contributors.
AreaSearch's projections for Floreat are based on ABS/Geoscience Australia data released in 2024 with a base year of 2022. For areas not covered by this data and post-2032 estimates, AreaSearch uses growth rates by age cohort provided by the ABS in its latest Greater Capital Region projections (released in 2023, based on 2022 data). Demographic trends suggest above median population growth for Australian statistical areas. By 2041, Floreat's population is projected to increase by 1,621 persons, marking a total rise of 17.1% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch analysis of residential development drivers sees Floreat recording a relatively average level of approval activity when compared to local markets analysed countrywide
Floreat has recorded approximately 18 residential properties granted approval each year over the past five financial years, totalling 91 homes. As of FY-26 so far, 8 approvals have been recorded. On average, around 6.8 people moved to the area per dwelling built annually between FY-21 and FY-25. This high demand coupled with limited supply typically leads to price growth and increased buyer competition.
The average expected construction cost of new properties is $853,000, indicating a focus on the premium market segment. In FY-26, there have been $3.9 million in commercial approvals, suggesting limited commercial development activity compared to Greater Perth's average. Floreat has shown reduced construction levels, with 62.0% fewer dwellings per person than the regional average, which generally supports stronger demand and values for established properties. This activity is also below the national average, reflecting the area's established nature and potential planning limitations. Recent building activity consists solely of standalone homes, preserving Floreat's suburban character and attracting space-seeking buyers with an expected population density of approximately 531 people per dwelling approval.
By 2041, Floreat is forecasted to gain 1,609 residents. If current construction levels persist, housing supply may lag behind population growth, potentially intensifying buyer competition and underpinning price growth.
Frequently Asked Questions - Development
Infrastructure
Floreat has emerging levels of nearby infrastructure activity, ranking in the 25thth percentile nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch identified seven projects that could affect this region. Notable ones are Floreat Oval Precinct Redevelopment, Pearson & Newry Streets Mixed-Use Precinct, Floreat Forum Shopping Centre Redevelopment (Stage 2 Expansion), and Jolie. The following list details those most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
METRONET
METRONET is Western Australia's largest-ever public transport infrastructure program, delivering over 72 kilometres of new passenger rail and 23 new stations across the Perth metropolitan area. As of December 2025, multiple stages are complete or nearing completion: Yanchep Rail Extension (opened July 2024), Morley-Ellenbrook Line (opened December 2024), Thornlie-Cockburn Link (opened June 2025), and Byford Rail Extension (opened October 2025). Remaining projects including the Airport Line upgrades, Victoria Park-Canning Level Crossing Removal (six crossings removed by late 2025), Circle Route Bus Priority, and final stages of the Ellenbrook Line are under active construction, with the overall program on track for substantial completion by 2027-2028. The program also includes 246 locally built C-series railcars, high-capacity signalling, and extensive station precinct activation.
Edith Cowan University City Campus
Australia's first comprehensive inner-city university campus spanning 11 super-levels and 65,000 square metres. It reached its full structural height in late 2024 ('top out' milestone), with internal fit-out continuing in 2025. The campus will house the Western Australian Academy of Performing Arts (WAAPA), School of Business and Law, creative industries programs, and emerging technology faculties, including a Cyber Security Operations Center. Key features include six world-class WAAPA performance venues, a dynamic digital media facade with over 2,800 custom LED fixtures, and an immersive digital foyer screen. The campus integrates with the Perth Busport and will accommodate over 10,000 students and staff. It is a $853M joint investment by the Australian Government, WA Government, and ECU, and is set to open in semester one 2026.
Floreat Forum Shopping Centre Redevelopment (Stage 2 Expansion)
Stage 2 expansion and refurbishment of the Floreat Forum Shopping Centre, delivering upgraded mall layouts, new and reconfigured retail tenancies, refreshed public spaces and parking improvements for this sub regional centre anchored by Coles and Woolworths. The works, with an estimated value of around 45 million AUD, modernised the 1960s era centre and positioned it for future mixed use development now being advanced under the Floreat Activity Centre precinct structure planning process.
METRONET High Capacity Signalling Program
The High Capacity Signalling Project will upgrade the existing signalling and control systems to an integrated communications-based train control system, making better use of the existing rail network by allowing more trains to run more often. The project aims to increase network capacity by 40 percent, provide energy-saving benefits, enhance cybersecurity, and future-proof the network for growth.
Floreat Oval Precinct Redevelopment
Major staged redevelopment of the Floreat Oval sporting precinct in the Town of Cambridge, including upgrades to Sydney Cheek Pavilion, modern female friendly changerooms, improved accessibility and public amenities, new lighting and paths, and better community sport facilities for Wembley Lacrosse Club, Subiaco Floreat Cricket Club and other local users.
Bold Park Aquatic Centre Redevelopment
Town of Cambridge feasibility and needs assessment for potential future upgrades to Bold Park Aquatic Centre and adjacent land, aiming to enhance recreation facilities and sporting infrastructure for the western suburbs community.
Cambridge Forum Mixed-Use Development
9,646 sqm anchor site within the Wembley Activity Centre (Lots 344-352 Cambridge St) with an approved local development plan enabling mixed-use development up to approximately seven storeys (circa 25 m). The existing Cambridge Forum international food court remains operational while the freehold is being marketed via an EOI campaign for redevelopment potential.
Herdsman Glendalough Local Development Plan (LDP)
A City of Stirling planning framework guiding higher density mixed use redevelopment within the Herdsman Glendalough area, including Scarborough Beach Road West and land around Glendalough Station. The LDP was adopted by Council in June 2020 and continues to inform development assessment, while a precinct structure plan is being progressed to provide a higher order framework.
Employment
AreaSearch analysis of employment trends sees Floreat performing better than 90% of local markets assessed across Australia
Floreat has an educated workforce with professional services well-represented. Its unemployment rate is 0.9%.
As of June 2025, 5196 residents are employed while the unemployment rate stands at 3.9%, 1% lower than Greater Perth's rate of 4.9%. Workforce participation in Floreat is 68.1%, slightly higher than Greater Perth's 65.2%. The dominant employment sectors among residents include health care & social assistance, professional & technical services, and education & training. Notably, the area has a high concentration in professional & technical jobs, with levels at twice the regional average.
Conversely, construction is under-represented, comprising only 6.3% of Floreat's workforce compared to Greater Perth's 9.3%. The predominantly residential area offers limited local employment opportunities, as indicated by the Census working population count versus resident population. Between June 2024 and June 2025, labour force levels decreased by 1.4%, while employment declined by 1.7%, raising the unemployment rate by 0.3 percentage points. In contrast, Greater Perth saw employment growth of 3.7% and labour force growth of 3.8%, with a smaller increase in unemployment of 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Floreat's employment mix suggests local growth of approximately 7.4% over five years and 15.1% over ten years, based on a simple weighting extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis
According to AreaSearch's aggregation of ATO data released on June 30, 2022, Floreat had a median income among taxpayers of $66,712 and an average income of $110,296. Nationally, the median income was $58,380 and the average was $78,020 in Greater Perth. As of September 2025, estimated incomes would be approximately $76,185 (median) and $125,958 (average), based on Wage Price Index growth of 14.2% since June 30, 2022. In Floreat, household, family, and personal incomes ranked between the 92nd and 99th percentiles nationally, according to Census 2021 income data. The predominant income cohort in Floreat was $4000+ at 45.9% (4,314 people), differing from the surrounding region where the $1,500 - $2,999 category predominated at 32.0%. A total of 57.1% of Floreat residents earned over $3,000 per week. After housing costs, residents retained 89.2% of their income, indicating strong purchasing power. The area's SEIFA income ranking placed it in the 10th decile.
Frequently Asked Questions - Income
Housing
Floreat is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
As of the latest Census, Floreat's dwelling structures consisted of 89.8% houses and 10.2% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Perth metro's 68.6% houses and 31.3% 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, lower than Perth metro's average of $3,293. Median weekly rent in Floreat was $600, higher than Perth metro's figure of $450. Nationally, Floreat's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Floreat features high concentrations of family households, with a higher-than-average median household size
Family households account for 83.5% of all households, composed of 49.6% couples with children, 25.7% couples without children, and 7.5% single parent families. Non-family households make up the remaining 16.5%, with lone person households at 14.7% and group households comprising 1.8%. The median household size is 3.0 people, larger than the Greater Perth average of 2.6.
Frequently Asked Questions - Households
Local Schools & Education
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 high, with 57.5% of residents aged 15 and above holding university qualifications. This compares to 27.9% in Western Australia (WA) and 30.1% in Greater Perth. 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, with advanced diplomas at 9.2% and certificates at 8.6%.
Educational participation is notable, with 34.6% of residents currently enrolled in formal education. This includes 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 a total of 598 students. The area's educational performance is exceptional (ICSEA: 1182), placing local schools among the most advantaged nationally. Both schools focus exclusively on primary education, with secondary options available in surrounding areas. Local school capacity is limited at 6.4 places per 100 residents compared to the regional average of 18.1, leading many families to travel for schooling. Note: if a school shows 'n/a' for enrolments, please refer to the parent campus.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Floreat has 68 active public transport stops, all of which are bus stops. These stops are served by 10 different routes that together facilitate 1,447 weekly passenger trips. The average distance from residents to the nearest transport stop is 157 meters, indicating excellent accessibility.
Each route operates an average of 206 trips per day, resulting in approximately 21 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
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 across all age groups, with a very low prevalence of common health conditions. Approximately 75% (7,078 people) have private health cover, compared to Greater Perth's 87.5%. Nationally, this figure is 55.3%.
The most prevalent medical conditions are asthma and arthritis, affecting 6.3% and 5.9% of residents respectively. 76.5% of residents report no medical ailments, slightly higher than Greater Perth's 74.2%. Floreat has a lower proportion of seniors aged 65 and over, at 19.6% (1,845 people), compared to Greater Perth's 21.5%. Despite this, health outcomes among seniors are strong and align with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Floreat 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
Floreat's cultural diversity was notable, with 12.7% speaking a language other than English at home and 28.4% born overseas. Christianity dominated religiously, comprising 50.3%. Judaism was overrepresented at 0.2%, compared to Greater Perth's 0.5%.
The top ancestry groups were English (27.7%), Australian (24.3%), and Irish (9.2%). Some ethnic groups showed notable differences: South African (1.2% vs regional 1.1%), Croatian (1.2% vs 0.8%), and Dutch (1.8% vs 1.5%) were overrepresented in Floreat.
Frequently Asked Questions - Diversity
Age
Floreat hosts an older demographic, ranking in the top quartile nationwide
The median age in Floreat is 42 years, which is significantly higher than Greater Perth's average of 37 years and Australia's national median of 38 years. The 5-14 age group constitutes 16.2% of the population in Floreat, compared to Greater Perth's figure, while the 25-34 cohort makes up only 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 cohort 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 Floreat in 2041 indicate substantial demographic changes, with the 75-84 age group expected to grow by 109%, reaching 1,256 people from 600. Notably, the combined population of the 65+ age groups is projected to account for 76% of total population growth, reflecting Floreat's aging demographic profile. In contrast, the 0-4 and 35-44 cohorts are expected to experience population declines.