Floreat
A household income percentile of 99.1 places Floreat among Perth's most affluent suburbs, while its median age of 42 is 2.0 years above the national figure. The suburb has 8,621 residents at a density of 1,881.7 people per sq km; 89.8% of homes are separate houses and 56.3% have four or more bedrooms. That supports an established, family-oriented market, reinforced by 58.5% couples with children. Compared with nearby Churchlands and City Beach as alternatives, Floreat suits households prioritising larger homes and strong socioeconomic conditions. Its 65.3% university-educated share is 35.2 points above national levels.
Population
8,621
Median Age
42.0
Household IncomeiMedian weekly household income (ABS Census)
$3,570/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Floreat suits buyers seeking a conventional family home, but a current median house price cannot be confirmed, so affordability needs to be tested street by street. Separate houses make up 89.8% of dwellings, while 56.3% have four or more bedrooms and 33.2% have three, making land size and established-home condition important. Existing borrowers face a mortgage payment of $3,250 a month, with mortgage costs at 21.0% of household income and no mortgage stress flag. Household income sits at the 99.1 percentile, higher than most suburbs, although buyers comparing Floreat with nearby Churchlands should allow for renovation, insurance and school-zone costs.
For Buyers
Floreat suits buyers seeking a conventional family home, but a current median house price cannot be confirmed, so affordability needs to be tested street by street. Separate houses make up 89.8% of dwellings, while 56.3% have four or more bedrooms and 33.2% have three, making land size and established-home condition important. Existing borrowers face a mortgage payment of $3,250 a month, with mortgage costs at 21.0% of household income and no mortgage stress flag. Household income sits at the 99.1 percentile, higher than most suburbs, although buyers comparing Floreat with nearby Churchlands should allow for renovation, insurance and school-zone costs.
For Investors
Floreat is a low-rental-share investment market: 12.2% of dwellings are rented, weekly rent is $600 and vacancy is 6.1%. That profile can support owner-occupier appeal, but it narrows the tenant pool compared with a rental-heavy suburb. Rent growth of 25.0% is a strong recent signal; the annual trend is 1.17%, with overseas migration the primary driver across the wider area. Development activity was 0 in the last 12 months, limiting near-term new-supply pressure but also reducing access to newer stock. Test any purchase against recent sales, net yield, insurance and maintenance costs.
Schools in Floreat
Open-register school locations for education access. This is not a school-quality ranking.
CHURCHLANDS PRIMARY SCHOOL
FLOREAT PARK PRIMARY SCHOOL
Demographics
Floreat is older and more highly educated than Australia overall: median age is 42, or 2.0 years above national, and 65.3% have university qualifications, 35.2 points above national. Overseas-born residents account for 28.4%, 6.8 points above national, with Mandarin listed for 102 people. English, Irish and Scottish ancestry counts are 3,436, 1,135 and 990; Christianity and no religion record 4,162 and 3,816. Household size is 3.0, 0.5 above national, and 58.5% of couples have children, helping explain the family emphasis. For households comparing Floreat with City Beach or Churchlands, 80.7% staying put signals residential stability.
Age Distribution
Bedrooms
Dwelling Structure
89.8%
Houses
2.7%
Townhouse
7.5%
Apartment
Tenure
Floreat's housing stock is strongly detached and owner occupied. Separate houses account for 89.8% of dwellings, compared with 7.5% apartments and 2.7% semi-detached homes. Tenure is split between 45.9% owned outright and 40.6% mortgaged, while only 12.2% rent, so turnover may be lower than in a rental-led market. Bedrooms skew large: 56.3% of homes have four or more, 33.2% have three and 9.6% have two. Mortgage costs represent 21.0% of household income and rent 16.8%, with neither stress flag triggered. Compared with nearby Churchlands, buyers should focus on land size, renovation condition and holding costs because broad suburb-level pricing comparisons are limited.
Mortgage / mo
$3,250
Rent / wkiABS Census 2021 median across all dwelling types. Current market rents are typically higher.
$600
Census 2021
HH Size
3.0
Personal Income / wk
$1,215
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
6.1%
Unoccupied
185
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
16.8%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
21.0%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
58.5%
Couples with children
31.4%
Couples, no children
9.3%
Single parent
2,410
Total families
Economy & Employment
Floreat's economy is anchored by skilled, service-based work. Healthcare employs 747 people, Professional and Tech 649, Education 426, Mining 326 and Construction 216, with professionals numbering 1,910 and managers 906. That occupational mix helps explain personal income of $1,215 a week, family income of $4,270 and household income of $3,570, placing household income at the 99.1 percentile. Labour-force participation is 68.1% and unemployment is 3.9%, while 56.9% work full time. Socioeconomic scores sit in decile 10 across IEO, IER, IRSD and IRSAD, above lower-decile areas, because education, income and employment conditions reinforce one another. This supports strong purchasing capacity, but also exposure to professional-sector cycles.
Unemployment
3.9%
Labour Force
4,588
Unemployed
178
Source: ABS Census 2021
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
56.9%
Part-time
38.8%
Participation
68.1%
Employed
4,410
Full-time and part-time are shares of the employed. Source: ABS Census 2021
Occupations
Top Industries
University
65.3%
Postgraduate
19.4%
Born Overseas
28.4%
Dwellings
2,849
Transport to Work
Floreat is practical for households comfortable with driving: 68.0% travel as car drivers, compared with 7.5% using public transport and 4.8% walking or cycling; 15.1% work from home. That pattern suits a suburban layout, but daily convenience depends more on a vehicle than in a transit-oriented inner suburb. Two nearby government primary schools, Floreat Park Primary School and Churchlands Primary School, provide local options; check the exact enrolment zone because boundaries can cut across streets. IRSAD is decile 10 and volunteering is 29.6%, while 2.9% need assistance. Compare commute routes, school zones and services at the exact address.
Drive
68.0%
Public Transport
7.5%
Walk / Cycle
4.8%
Work from Home
15.1%
Population Forecast
+1.17%/yr
(+111 people/yr)
EstablishedGrowth is positive but measured rather than explosive. The annual trend is 1.17%, overseas migration is the primary driver, and population change across the wider area is 19.3% over 10 years. The trajectory is Mixed: the young share is down 1.9 points while the senior share is up 2.8. Gentrification is at the Early signs stage with a score of 23, and rent growth is 25.0%. The affordability trend is Improving, with scores of 52.4 in 2011 and 49.4 in 2021, alongside real-income growth of 7.8%. Compared with a fast-release corridor, Floreat's appeal rests on established amenity and gradual change rather than a large development pipeline.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+129
Net Internal / yr
+9
Gentrification Signal
Early signs
Population +24% since 2011, Accelerating: 7% → 15%
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Floreat compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Floreat a good suburb to live in?
Floreat suits households seeking larger detached homes, strong incomes and an established setting. Median age is 42, 89.8% of dwellings are separate houses and 58.5% of couples have children. Car access is important because 68.0% commute as drivers, while 7.5% use public transport. Compare the exact street for school zones, traffic and housing condition.
What is the median house price in Floreat?
A current median house price cannot be confirmed for Floreat. The housing profile is still clear: 89.8% of dwellings are separate houses, 56.3% contain four or more bedrooms and weekly rent is $600. Buyers should compare recent settled sales by land size, condition and bedroom count rather than use the rent figure as a sale-price substitute.
What schools are in Floreat?
Local access includes 2 nearby government primary schools: Floreat Park Primary School and Churchlands Primary School. Their presence does not determine enrolment eligibility, so families should check the catchment for the exact address and confirm current intake rules. The suburb's 65.3% university-educated share is high compared with national levels, but it is not a school-performance measure.
Is Floreat safe?
Floreat's suburb-level crime rate should be checked through current WA Police figures for the exact address rather than inferred from socioeconomic measures. IRSAD is in decile 10 and 2.9% of residents need assistance, but neither statistic measures crime. Review recent incidents, lighting, parking and late-night activity around the specific property before deciding.
Is Floreat good for property investment?
Floreat can suit a long-term, owner-occupier-focused investment strategy, but it is not a high-rental-share market. Weekly rent is $600, vacancy is 6.1%, renters make up 12.2% and rent growth is 25.0%. Annual growth is 1.17%, with overseas migration the primary driver, while development activity was 0 in the last 12 months. Check yield after costs using recent comparable sales.
How is Floreat's population changing?
Population change is positive, with an annual trend of 1.17% and 19.3% change across the wider area over 10 years. Overseas migration is the primary driver, but the trajectory is Mixed. The young share has fallen 1.9 points and the senior share has risen 2.8, while gentrification is at Early signs with a score of 23. That points to gradual evolution rather than a sudden population surge.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state education open registers (school locations), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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