Latham vs Florey

Latham (median $792,000) is roughly 17% cheaper to buy into than Florey ($957,000).

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Latham and Florey side by side

MeasureLathamFlorey
Price and market
Median house$792,000$957,000
Median unit$803,000$630,000
Renting
House rent$420/wk$420/wk
Unit rent$400/wk$415/wk
Owner occupied77.0%64.0%
Renter occupied21.0%34.0%
Schools
Schools nearby2020
Average ICSEA10601065
Lifestyle and people
Walk score620
Transit score7080
Bike score100100
Population3,7674,781
Median age3839
Climate
Annual rainfall668 mm637 mm
Mean max, January29.4°C29.2°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Florey scores higher on walkability (6/100 vs 20/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Florey (1065) sits above Latham (1060). Latham skews owner-occupied (77%), Florey runs more rental-dense (64% owner).

For buyers
Latham is the lower entry point at $792,000 median, 17% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Latham offers the higher gross rental yield (2.76% vs 2.28%), favouring cash-flow investors.
For families
Florey edges out on average school ICSEA (1065 vs 1060).

Latham vs Florey: common questions

Is Latham or Florey cheaper to buy in?

Latham has the lower median house price at $792,000, roughly 17% below Florey ($957,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Latham or Florey have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Florey scores 1065 vs 1060 in Latham. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Latham or Florey?

Florey scores 20/100 on walkability vs 6/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Latham or Florey?

Gross rental yield on houses is 2.76% in Latham vs 2.28% in Florey. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

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