Suburb Profile Report for Floreat WA (6014)

Floreat House: Median price $1,250,000, Annual capital growth 0.99%, Number of sales 114, Weekly median advertised rent $700

Floreat Unit: Median price $692,500, Annual capital growth -1.04%, Number of sales 22, Weekly median advertised rent $480

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Floreat, 6014 should be ok with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.23%

Over the longer term, Floreat has seen property prices show investors a -1.26% return over the last 3 years. This is an improvement over the last 12 months

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.15% offered to property buyers. Sellers in Floreat itself are offering an average vendor discount of -7.34% to real estate investors.

The WA suburb of Floreat, 6014 is in the Cambridge local government area.

Giving property investors a an unimpressive capital gain of -0.36% for the last year, Floreat, 6014 is the 1187th highest performer in Australia in this respect.

Floreat,6014 was ranked 1131 in Australia by increase in median property value over the quarter.

Metrics i HOUSE UNIT
$1,250,000 $692,500
0.00% -0.36%
8.23% -0.36%
0.99% -1.04%
$700 $480
114 22
2.91% 3.60%
71.01 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Below average (U)
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Demographics
Total population 7228
Median household income ($/weekly) 2598
Median age of persons 39
Median housing loan repayment ($/monthly) 2700
Average household size 3
  • Census Count Percent(%)
    5-14 years 1232 17.0
    15-19 years 596 8.2
    35-44 years 1043 14.4
    45-54 years 1260 17.4
    55-64 years 825 11.4
    Others 2273 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 3108 59.7
    Not Married 1840 35.4
    Defacto Relationship 256 4.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5250 74.8
    Papua New Guinea 110 1.6
    South Africa 151 2.2
    United Kingdom 640 9.1
    Other 232 3.3
    Others 636 9.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 68 1.0
    Christianity 4734 69.5
    Hinduism 35 0.5
    Islam 33 0.5
    No Religion 1898 27.9
    Others 43 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 180 8.5
    $2,500-$2,999 373 17.7
    $3,000-$3,499 267 12.7
    $3,500 -$3,999 141 6.7
    $4,000 or more 343 16.3
    Others 802 38.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2065 38.6
    Not in the labour force 1639 30.6
    Employed, worked part-time 1325 24.8
    Employed, away from work 215 4.0
    Unemployed, looking for work 107 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 636 17.6
    Professionals 1521 42.2
    Community & personal service workers 266 7.4
    Clerical & administrative workers 466 12.9
    Sales 293 8.1
    Others 425 11.8
    Occupation
    Census Count Percent(%)
    Pre-school 157 6.9
    Infants/Primary 858 37.6
    Secondary 597 26.2
    Technical or Further Educational Institution 75 3.3
    University or other Tertiary Institutions 564 24.7
    Others 28 1.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6916 99.1
    Semi-detached, row or terrace house, townhouse 43 0.6
    Flat, unit or apartment 20 0.3
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1059 44.8
    Being purchased 942 39.9
    Rented 348 14.7
    Other tenure type 13 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals