Thinking about buying in Floreat? Now could not be a better time, with 3670 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,069,000 with prices in this suburb ranging from $614,000 to $7,082,000. Floreat is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Floreat Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Floreat driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Floreat ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Floreat changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Floreat necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Floreat

	14 OAKDALE ST, FLOREAT, WA, 6014	4	3	3	Shore - Countdown All Offers By Nov 27
	UNIT 6, 1 JAVELIN LANE, FLOREAT, WA, 6014	4	2	2	Contact agent.
	19A EVANDALE ST, FLOREAT, WA, 6014	4	2	2	1550000
	247 SALVADO RD, FLOREAT, WA, 6014	3	2	2	1800000
	34 EVANDALE ST, FLOREAT, WA, 6014	4	2	2	1650000
	3 DESTINY LANE, FLOREAT, WA, 6014	4	4	2	2600000
	22 HURDLES DR, FLOREAT, WA, 6014	4	3	2	3500000
	38 GLENGARIFF DR, FLOREAT, WA, 6014	4	3	2	3650000
	12 DUMFRIES RD, FLOREAT, WA, 6014	6	3	4	2700000

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