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Floreat vs Orange Grove

Property investment comparison - Floreat, WA 6014 vs Orange Grove, WA 6109

Head-to-head across core investment metrics: Floreat wins 2, Orange Grove wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricFloreatOrange Grove
Median house price$2.5M$2.4M
Median unit price$1.4M$360K
Gross rental yield (houses)2.45%1.82%
Gross rental yield (units)3.48%6.17%
1-year house growth+9.3%-
3-year house growth+36.2%-
Vacancy rate1.2%1.4%
Population8,621726

Floreat vs Orange Grove: what the numbers say

The median house price is $2.5M in Floreat and $2.4M in Orange Grove, so Orange Grove is the cheaper entry point, with Floreat houses about 6% dearer.

For units, Floreat sits at a median of $1.4M against $360K in Orange Grove, which makes Orange Grove the more affordable unit market and Floreat the pricier one.

On cash flow, Floreat leads: houses there return a gross rental yield of 2.45%, compared with 1.82% in Orange Grove, a gap of 0.63 percentage points.

Rental vacancy is 1.2% in Floreat and 1.4% in Orange Grove, so landlords in Floreat face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Floreat is the bigger suburb, with a population of 8,621 against 726, roughly 12 times the size of Orange Grove; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Floreat for rental income, Orange Grove for a lower purchase price, Floreat for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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