Floraville

POSTAL CODE: NSW, 2280
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 36.4% capital gain.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,173,000.

Profits due to an upward trend in home prices there averaged 12.13% per annum over a 3-year period.

Home owners selling their properties and realtors in FLORAVILLE usually have to wait an average of 46.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $750 mark, reflecting a 3.32% increase in returns based on the current median price in FLORAVILLE.

FLORAVILLE, 2280 places 1188th in Australia based on median property value growth during the quarter.

Surburb overview

Floraville is a residential suburb in the City of Lake Macquarie, NSW, with postcode 2280, situated between Belmont North, Jewells, Tingira Heights and Valentine.

The suburb is about 16 kilometres south-west of Newcastle’s central business district, with nearby roads providing connections towards Charlestown, Belmont and other parts of Lake Macquarie.

The 2021 Census recorded about 3,600 residents in Floraville, with separate houses being the predominant type of housing. Floraville is largely suburban in character, with established housing occupying elevated land to the east of Lake Macquarie and bushland remaining around parts of its boundaries.

The suburb does not have a railway station, so residents generally rely on buses and private vehicles for travel to employment, education and services. Bus routes through Floraville and surrounding suburbs provide connections towards Belmont, Charlestown and other centres in the Newcastle and Lake Macquarie transport network.

Floraville Public School provides primary education within the suburb, while Belmont High School and other government and non-government schools operate in surrounding areas.

Local shops provide access to some everyday goods and services, with larger shopping areas available nearby at Belmont, Mount Hutton and Charlestown. Medical centres, pharmacies and allied healthcare services operate in surrounding suburbs, while Belmont Hospital in Croudace Bay provides hospital services to the wider area.

Floraville is located near the eastern shoreline of Lake Macquarie, although neighbouring Valentine and Crooked Bay offer more direct access to the waterfront. Nearby foreshore reserves support walking, picnicking, fishing, kayaking and other lake-based recreation.

Thomas H Halton Park at Croodace Bay contains playgrounds, picnic areas, open space and access to Lake Macquarie. Bushland around Floraville and neighbouring Tingira Heights provides additional opportunities for walking and nature-based recreation.

Sporting fields, playgrounds and local reserves are distributed throughout Floraville and surrounding suburbs, providing spaces for organised sport and informal outdoor activities. The suburb’s road connections also place the beaches, coastal reserves and recreation areas of eastern Lake Macquarie within driving distance.

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