floraville

Suburb Snapshot: Floraville

Floraville is a suburb of the City of Lake Macquarie, 17 kilometres from Newcastle’s central business district, on the eastern side of Lake Macquarie. It has a well regarded primary school.

The size of Floraville is approximately 1.4 square kilometres. It has 2 parks covering nearly 3.6% of total area. The population of Floraville in 2011 was 1,539 people. By 2016 the population was 1,841 showing a population growth of 19.6% in the area during that time. The predominant age group in Floraville is 10- 19 years. Households in Floraville are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Floraville work in a professional occupation. In 2011, 79.6% of the homes in Floraville were owner-occupied compared with 82.3% in 2016. Today the figure is 84%.

Based on five years of sales, Floraville has seen a compound growth rate of 15.1% for houses.

Currently the median sales price of houses in the area is $997,500.

Contact Property Solutions 101. Discuss your Newcastle commercial and residential property management and buyer’s agent needs.

This website uses cookies
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services.