Floreat (WA)

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Based on evaluation of ABS demographic updates for the broader region and recent address validations conducted by Districts since the Census, the suburb of Floreat has an estimated population of 9,508 as of May 2026. This represents a growth of 887 individuals (10.3%) from the 2021 Census, which documented a population of 8,621 individuals. The shift is calculated from a resident population of 9,505 estimated by Districts using the June 2025 ERP data release by the ABS, combined with an additional 61 validated new addresses since the Census date. This population level translates to a density ratio of 2,076 persons per square kilometer, exceeding the typical average among national locations evaluated by Districts. The 10.3% expansion rate of the suburb of Floreat since the 2021 census outpaced the national benchmark of 9.3%, positioning it as a growth leader regionally. This demographic expansion was primarily driven by overseas migration, which accounted for approximately 84.0% of total gains in recent times, though natural growth and interstate migration also contributed positively.

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The local workforce is highly educated, featuring a strong representation of professional services, an unemployment rate of just 1.7%, and an estimated 1.9% increase in local employment over the past year, according to Districts compilation of statistical area records. As of March 2026, 5,257 local residents are employed, which is 2.5% below the Greater Perth unemployment rate of 4.2%, while labor force participation is close to the Greater Perth benchmark of 70.2%. Census figures show a moderate 14.6% of residents worked from home, although this should be viewed in light of Covid-19 pandemic restrictions.

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According to Districts statistics compiled from the latest postcode level ATO releases for financial year 2023, the suburb of Floreat recorded a median taxpayer income of $66,712, with an average taxpayer income of $110,296. These figures are exceptionally high on a national scale and compare to median and average levels of $60,748 and $80,248 in Greater Perth. Incorporating Wage Price Index growth of 10.93% since financial year 2023, current estimates correspond to approximately $74,004 (median) and $122,351 (average) as of March 2026. The 2021 Census reveals that household, family, and personal incomes in the suburb of Floreat all rank in the 91st to 99th percentiles nationally. Income distribution data shows that 45.9% of the population (4,364 people) earn in the $4000+ bracket, while the surrounding region is led by the $1,500 - 2,999 range at 32.0%. The suburb displays significant affluence, with 57.1% of earners making more than $3,000 weekly, which supports premium retail and local services. After housing expenses are deducted, residents retain 89.2% of their income, indicating high purchasing power, and the SEIFA index ranks the area in the 10th decile.

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The local housing stock at the time of the latest Census consisted of 89.8% standalone houses and 10.2% other housing styles (including semi-detached properties, apartments, and alternative dwellings), compared to the Perth metropolitan average of 77.8% houses and 22.1% other dwellings. The rate of home ownership in the suburb of Floreat stood well above the Perth metropolitan average at 46.3%, with remaining households holding a mortgage (41.1%) or renting (12.6%). The median monthly mortgage payment of $3,250 was much higher than the Perth metropolitan average of $1,907, while the median weekly rent was $600 compared to the metro average of $350. Nationally, local mortgage repayments are considerably higher than the Australian average of $1,863, and weekly rents are well above the national median of $375.

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Family households represent 83.5% of the local total, comprising couples with children at 49.6%, couples without children at 25.7%, and single parent families at 7.5%. The remaining 16.5% are non-family households, consisting of lone person households at 14.7% and group households at 1.8%. The median household size of 3.0 people is larger than the Greater Perth average of 2.6.

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Educational qualifications in the suburb of Floreat are significantly higher than regional averages, with 57.5% of residents aged 15+ holding a university degree, compared to 27.9% in WA and 30.1% in Greater Perth. This educational profile positions the area well for professional and knowledge-based career opportunities. Bachelor degrees are the most common qualification at 36.6%, followed by postgraduate degrees (15.4%) and graduate diplomas (5.5%). Vocational education accounts for 17.8% of qualifications among residents aged 15+ – consisting of advanced diplomas (9.2%) and certificates (8.6%).

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Analysis of local public transport shows 71 active bus stops operating in the suburb of Floreat. These stops are served by 10 separate routes, which provide a total of 1,486 weekly passenger trips. Access to public transport is excellent, with residents living an average of 157 meters from their nearest stop. Because this is a residential area, most workers commute to other areas, with private cars remaining the primary transport mode at 81%, while 10% commute by bus and 3% cycle. Households own an average of 1.8 vehicles, which is above the Perth metro average. In addition, 14.6% of residents work from home, based on 2021 Census data which may reflect pandemic-era conditions.

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Health outcomes in the suburb of Floreat are excellent, based on Districts assessments of mortality rates and chronic disease indicators, showing very low rates of common health issues across all age groups, while private health insurance coverage is high at approximately 71% of the population (6,748 people). This compares to a rate of 59.0% across Greater Perth and a national average of 55.7%.

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The suburb of Floreat displays above average cultural diversity, with 12.7% of residents speaking a language other than English at home and 28.4% born outside Australia. Christianity is the main religion, practiced by 50.3% of residents. The most distinct relative overrepresentation is for Judaism, which represents 0.2% of local residents, compared to 0.3% across Greater Perth.

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The median age of 42 years in the suburb of Floreat is higher than the Greater Perth average of 37 and the national average of 38 years. Children aged 5 - 14 represent 15.9% of the population, which is a strong share compared to Greater Perth, while young adults aged 25 - 34 are less common at 5.8%. Post-2021 Census figures indicate that the 15 to 24 age bracket expanded from 13.5% to 15.5% of the population, and the 75 to 84 cohort rose from 4.7% to 6.4%. By contrast, the 45 to 54 cohort fell from 16.7% to 15.1%, and the 0 to 4 group declined from 4.8% to 3.3%. Population projections for 2041 point to major demographic changes. The 75 to 84 age cohort is expected to increase by 89% (adding 539 people), growing from 608 to 1,148. Overall, the combined age groups of 65+ will account for 72% of total population growth, showing an aging population trend. Meanwhile, the 0 to 4 and 35 to 44 age cohorts are projected to experience population decreases.

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Floreat currently has an estimated 313 children under 5 years old, comprising approximately 187 children aged 0-2 and 123 children aged 3-4. This cohort declined by an estimated 24% since the previous census. while population forecasts indicate future decline, with an anticipated decrease of 3% by 2041 (to approximately 303 children). Meanwhile the 5-12 cohort currently amounts to 1,209. Birth rates in the area have averaged 4.6 per 1,000 residents over the latest two-year period, a low rate (among the bottom 20% of areas assessed nationally). This rate has slowed down slightly in recent years however.