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Floreat

POSTAL CODE: WA, 6014
HOUSE
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Property investments in FLOREAT fare well against the rest of the country last year, registering a median home price increase of 8.17%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains FLOREAT, 6014 saw average growth in the long term.

Real estate investors could earn a rental income of $1150 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 19.3 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $2,250,000.

FLOREAT ranks 372nd on the list of best yielding suburbs for rental properties in WA, posting a 2.66% return.

Surburb overview

Floreat, located within the 6014 postcode, is an upscale, family-friendly suburb approximately 8 kilometres west of the Perth central business district (CBD). Known for its leafy streets, spacious homes, and abundant green spaces, Floreat offers a tranquil suburban lifestyle while remaining conveniently close to the city and the coast. The suburb is popular with families, professionals, and retirees drawn to its relaxed atmosphere and excellent amenities.

Floreat has a population of around 8,000 residents. The suburb is characterised by its large, well-maintained homes on generous blocks with expansive gardens. Floreat’s architecture features a mix of mid-century homes many beautifully renovated and modern residences. Its tree-lined streets and spacious parks reflect the suburb's greenery and outdoor living emphasis.

Public transportation in Floreat is well-serviced by Transperth buses, which connect the suburb to the Perth CBD and surrounding areas. While Floreat has no train station, nearby Subiaco and West Leederville stations provide additional transport options for commuters. The suburb is also easily accessible by car, with main roads such as Cambridge Street and The Boulevard offering quick routes to the city and the beach.

Floreat offers a range of local amenities, particularly in its central retail hub, Floreat Forum Shopping Centre. The Forum provides residents access to supermarkets, cafes, restaurants, and various retail stores, making it a convenient one-stop location for essential services. Additionally, Floreat is close to neighbouring shopping districts like Subiaco, which offer further dining and entertainment options.

The suburb is known for its many parks and recreational spaces, making it ideal for those who enjoy an active, outdoor lifestyle. Perry Lakes Reserve is one of Floreat’s key attractions, featuring walking trails, playgrounds, and picnic areas surrounded by natural bushland. The nearby Bold Park is another favourite, offering a vast nature reserve with scenic walking tracks and stunning views of the Perth skyline and the Indian Ocean. Floreat Beach is also within easy reach, allowing residents to enjoy the coastal lifestyle without venturing far from home.

Floreat has excellent educational facilities, making it a top choice for families. Floreat Park Primary School serves the suburb and is close to several prestigious schools, including Hale School and Newman College. The nearby University of Western Australia provides educational appeal for families with older children.

Floreat provides a premium suburban lifestyle with spacious homes, abundant greenery, and access to top-tier amenities and schools. Its proximity to the Perth CBD and the beach ensures residents enjoy the best of both worlds, making it one of Perth’s most desirable suburbs for families and professionals seeking a quiet yet connected place to live.

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