Floreat
Statistical Area - sa2

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 August 2025, is approximately 9,397 people. This figure represents a growth of 776 individuals, an increase of 9.0% since the 2021 Census which reported a population of 8,621. This change is inferred from the estimated resident population of 9,388 in June 2024 and an additional 60 validated new addresses since the Census date. The population density in Floreat stands at 2,126 persons per square kilometer, exceeding the average across national locations assessed by AreaSearch. Floreat's growth rate of 9.0% since the 2021 census is higher than the national average of 8.6%, positioning it as a growth leader in its region. Overseas migration contributed approximately 83.9% to overall population gains during recent periods, with all drivers including natural growth and interstate migration being positive factors.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data and post-2032 estimates, AreaSearch utilizes growth rates by age cohort provided by the ABS in its latest Greater Capital Region projections (released in 2023, based on 2022 data). Looking ahead, an above median population growth is projected for Australian statistical areas. By 2041, Floreat's population is expected to reach 10,698 persons, marking 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

Floreat has recorded approximately 18 residential properties granted approval each year. Development approval data is produced by the ABS on a financial year basis, totalling 91 approvals across the past five financial years, from FY2021 to FY2025, and three so far in FY2026. Over these five years, an average of 6.8 new residents per year has been associated with every home built. This supply is substantially lagging demand, leading to heightened buyer competition and pricing pressures.

New homes are being constructed at an average value of $1,655,000, indicating a focus on the premium segment with upmarket properties. Additionally, $3.9 million in commercial development approvals have been recorded this financial year, reflecting the area's primarily residential nature. Compared to Greater Perth, Floreat shows substantially reduced construction levels, which are 62.0% below the regional average per person. This limited new supply generally supports stronger demand and values for established properties. This activity is also under the national average, indicating the area's established nature and suggesting potential planning limitations.

Recent building activity consists entirely of standalone homes, preserving the area's suburban nature with an emphasis on detached housing attracting space-seeking buyers. The location has approximately 531 people per dwelling approval, reflecting an established area. Population forecasts indicate Floreat will gain 1,612 residents through to 2041. Should current construction levels persist, housing supply could lag population growth, likely intensifying buyer competition and underpinning price growth.

Floreat has emerging levels of nearby infrastructure activity, ranking in the 25thth percentile nationally

AreaSearch has identified three projects that could impact the local area's performance. These include Jolie, Bold Park Aquatic Centre Redevelopment, Cambridge Forum Mixed-Use Development, and 40km/h Speed Zone Project - Wembley and West Leederville. The following list details those expected to have the most relevance.

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

AreaSearch analysis of employment trends sees Floreat performing better than 90% of local markets assessed across Australia

Floreat has an educated workforce with strong professional services representation and a low unemployment rate of 0.9% as of June 2025. It has 5,196 residents employed, with an unemployment rate 2.9% lower than Greater Perth's 3.9%.

Workforce participation is similar to Greater Perth at 68.1%. Key employment sectors include health care & social assistance, professional & technical, and education & training. Professional & technical jobs are particularly high, at twice the regional average. However, construction jobs are under-represented, with only 6.3% of Floreat's workforce compared to Greater Perth's 9.3%.

Over the year to June 2025, Floreat's labour force decreased by 1.4% and employment declined by 1.7%, increasing unemployment by 0.3 percentage points. In contrast, Greater Perth saw employment grow by 3.7% and labour force by 3.8%. State-wide in WA to Sep-25, employment contracted by 0.82% (losing 14,590 jobs), with an unemployment rate of 4.3%, compared to the national rate of 4.5%. National employment forecasts from May 2025 suggest 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.

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 29 June 2022 for financial year 2022, Floreat had a median income among taxpayers of $66,712 and an average income of $110,296. Nationally, these figures are exceptionally high compared to the median income of $58,380 and average income of $78,020 in Greater Perth. Based on Wage Price Index growth of 11.61% since financial year 2022, estimated incomes as of March 2025 would be approximately $74,457 (median) and $123,101 (average). Census data from 2021 shows that Floreat's household, family, and personal incomes rank highly nationally, between the 92nd and 99th percentiles. Income distribution in Floreat is predominantly in the $4000+ category, with 45.9% of locals (4,313 people) earning within this range, unlike the surrounding region where the $1,500 - 2,999 category predominates at 32.0%. The area exhibits considerable affluence, with 57.1% of residents earning over $3,000 per week, supporting premium retail and service offerings. After housing costs, residents retain 89.2% of their income, reflecting 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

The dwelling structure in Floreat, as per the latest Census, 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. The home ownership level in Floreat was higher than Perth metro at 46.3%, with the rest being mortgaged (41.1%) or rented (12.6%). The median monthly mortgage repayment in the area was $3,250, lower than Perth metro's average of $3,293. The median weekly rent figure was recorded at $600, higher than Perth metro's $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.

Floreat features high concentrations of family households, with a higher-than-average median household size

Family households account for 83.5% of all households, consisting of couples with children (49.6%), couples without children (25.7%), and single parent families (7.5%). 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.

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

In Floreat, 57.5% of residents aged 15 years and above possess university qualifications, exceeding the 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 (15.4%) and graduate diplomas (5.5%). Vocational pathways account for 17.8%, 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: 11.7% in primary, 11.5% in secondary, and 7.7% pursuing tertiary education.

Floreat Park Primary School and Newman College - Marian Campus serve a total of 598 students. These schools demonstrate high educational performance (ICSEA score: 1182), placing them among the most advantaged nationally. Both schools cater to primary education only, with secondary options available nearby. 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.

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

The public transport analysis indicates that there are 68 active transport stops operating within Floreat. These stops service a mix of bus routes totalling 10 individual routes. The combined weekly passenger trips facilitated by these routes amount to 1,447.

Residents in Floreat enjoy excellent transport accessibility, with an average distance of 157 meters to the nearest transport stop. Across all routes, service frequency averages 206 trips per day, which equates to approximately 21 weekly trips per individual stop.

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

Floreat exhibits excellent health outcomes, with very low prevalence rates of common health conditions across all age groups. Approximately 75% (7,075 people) have private health cover, compared to Greater Perth's 87.5%. Nationally, this figure stands at 55.3%.

Asthma and arthritis are the most prevalent medical conditions in Floreat, affecting 6.3 and 5.9% of residents respectively. 76.5% of residents report being completely clear of medical ailments, compared to Greater Perth's 74.2%. The area has a senior population (aged 65 and over) of 19.6% (1,844 people), lower than Greater Perth's 21.5%. Health outcomes among seniors in Floreat are strong and largely align with the general population's health profile.

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 population, as of the 2016 Census, had a higher proportion speaking a language other than English at home, with 12.7%, compared to most local markets. Overseas-born individuals made up 28.4% of Floreat's population. Christianity was the predominant religion in Floreat, with 50.3%.

However, Judaism showed an overrepresentation, comprising 0.2% of Floreat's population compared to Greater Perth's 0.5%. The top three ancestral groups were English at 27.7%, Australian at 24.3%, and Irish at 9.2%. South African (1.2%), Croatian (1.2%), and Dutch (1.8%) were notably more represented in Floreat compared to regional averages of 1.1%, 0.8%, and 1.5% respectively.

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 also older than Australia's median age of 38 years. The 5-14 age group comprises 16.2% of Floreat's population compared to Greater Perth, while the 25-34 cohort makes up only 5.3%. Post-2021 Census data reveals 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 decreased from 4.8% to 3.7%. Population forecasts for Floreat in 2041 indicate substantial demographic changes. Notably, the 75-84 age group is expected to grow by 109%, reaching 1,256 people from its current figure of 600. The combined 65+ age groups are 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.