Floreat vs Shenton ParkTwo Perth suburbs compared for a home loan
Floreat (WA 6014) is approximately 8 km west-north-west of the Perth CBD. Shenton Park (WA 6008) is approximately 4 km west of the Perth CBD, split by the Fremantle railway line. At the 2021 Census, Floreat had 8,621 residents with a median age of 42, and Shenton Park had 4,638 residents with a median age of 41.
In both suburbs the most common occupied dwelling was separate houses. Flats and apartments made up 8% of occupied dwellings in Floreat and 19% in Shenton Park, while 12% of Floreat households rented compared with 32% in Shenton Park. These differences matter for finance, because lenders assess apartments, strata buildings and houses on land differently.
Both suburbs are in the same state, so transfer duty is calculated on the same scale and the difference in upfront cost comes from the purchase price. The panel below applies that scale, and an estimate of lenders mortgage insurance, to the prices you enter.
WA 6014 · Western suburbs of Perth
Floreat
Floreat is the Town of Cambridge's administrative seat, a large-lot western suburb where the median weekly household income of $3,570 leads these guides.
Town of Cambridge. Approximately 8 km west-north-west of the Perth CBD.
Read the full Floreat guideWA 6008 · Western suburbs of Perth
Shenton Park
Shenton Park is a western suburb split between two councils by the railway line, with a station on two lines and a retirement village on the former hotel site.
City of Nedlands. Approximately 4 km west of the Perth CBD, split by the Fremantle railway line.
Read the full Shenton Park guide
What buying in Floreat and Shenton Park would mean for the loan
The difference between two suburbs is usually a difference in price, and price drives the deposit, the transfer duty, any lenders mortgage insurance and the repayment. Enter the prices you are seeing and the panel works out each of those for Floreat and Shenton Park.
Your prices and deposit
Enter the price you are seeing in each suburb. BorrowWise does not quote prices, so the comparison uses yours.
Enter a price for Floreat to see the repayment, transfer duty and upfront cash.
Enter a price for Shenton Park to see the repayment, transfer duty and upfront cash.
Warning: The interest rate used here is an example only. It is not a comparison rate and is not a rate offered by any lender, and it does not include fees and charges. Different rates, terms, fees or loan amounts will give a different result.
Estimates only. Repayments assume a principal and interest loan at a constant rate, which is an assumption and not a current market rate. Transfer duty is indicative for established homes, first home buyer relief depends on eligibility, and upfront cash includes an allowance of $3,000 for conveyancing and inspections. Lenders mortgage insurance is an estimate and is added to the loan. A lender makes its own assessment.
Floreat and Shenton Park: Census profile compared
Figures are from the 2021 Census, so rents, repayments and incomes have moved since. They are most useful for comparing one suburb with another and with Australia as a whole.
| Measure | Floreat | Shenton Park |
|---|---|---|
| People and households | ||
| Residents | 8,621 | 4,638 |
| Median ageAustralia 38 | 42 | 41 |
| Average household sizeAustralia 2.5 | 3.0 | 2.4 |
| Median household income, weeklyAustralia $1,746 | $3,570 | $2,313 |
| Housing costs at the 2021 Census | ||
| Median rent, weeklyAustralia $375 | $600 | $420 |
| Median mortgage repayment, monthlyAustralia $1,863 | $3,250 | $2,980 |
| Who owns and who rents | ||
| Households rentingAustralia 31% | 12% | 32% |
| Owned with a mortgageAustralia 35% | 41% | 28% |
| Owned outrightAustralia 31% | 46% | 37% |
| Types of home | ||
| Separate housesAustralia 72% | 90% | 67% |
| Townhouses, terraces and semi-detachedAustralia 13% | 3% | 14% |
| Flats and apartmentsAustralia 14% | 8% | 19% |
| Homes with two bedrooms or fewer | 11% | 33% |
| Homes with four bedrooms or more | 56% | 27% |
| Dwellings unoccupied on Census night | 6% | 8% |
Source: Australian Bureau of Statistics, 2021 Census (CC BY 4.0). Tenure shares exclude households that did not state their tenure. Dwelling shares are of occupied private dwellings.
Home loan considerations in Floreat and Shenton Park
Lenders treat houses on land, townhouses and apartments differently, and some apply extra conditions to small apartments, high-density buildings or particular postcodes. These are the points each guide raises.
Floreat
- Upgraders
- Downsizers
- Many lenders apply a lower maximum loan-to-value ratio above certain loan or property value thresholds.
- Individually rebuilt homes are not directly comparable, so valuations are less predictable.
- Median monthly mortgage repayments of $3,250 mean serviceability binds before deposit.
- Only 12.2 per cent of households with a stated tenure rented, so the tenant pool is very small.
- Coding has preserved a low-density form, so subdivision potential should not be assumed.
Shenton Park
- Upgraders
- Downsizers
- Investors
- Retirement village lease or licence tenure is specialised security many lenders will not accept.
- Two councils apply within the one suburb, split by the Fremantle railway line.
- Median monthly mortgage repayments of $2,980 mean serviceability binds before deposit.
- Heritage listing on older streets can raise insurance and compliant repair costs.
- At 1,776 occupied dwellings, comparable evidence is limited for valuation.
Housing stock in Floreat and Shenton Park compared
Floreat
- Large detached houses
- Separate houses numbered 2,558 at the 2021 Census, 89.9 per cent of occupied homes.
- Four and five bedroom homes
- At the 2021 Census, 1,192 dwellings had four bedrooms and 402 had five or more.
- Apartments near the Forum
- The 214 flats counted at the 2021 Census, against only 77 townhouse dwellings.
Shenton Park
- Character houses
- Separate houses numbered 1,193 at the 2021 Census, 67.2 per cent of occupied homes.
- Apartments
- The 343 flats counted at the 2021 Census, 19.3 per cent of occupied homes.
- Townhouses and retirement accommodation
- The 240 semi-detached or townhouse dwellings counted at the 2021 Census.
Official sale price and rent figures for Floreat and Shenton Park
Only figures published free of charge by a government agency are shown. Where none is published the space is left empty rather than filled with an estimate. Each guide charts the full series.
Floreat
No government agency publishes a free median sale price or rent series for Floreat, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Shenton Park
No government agency publishes a free median sale price or rent series for Shenton Park, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Transport, schools and amenities in Floreat and Shenton Park
Floreat
Transport
- Transperth buses (bus)
- The Boulevard (road)
- Selby Street (road)
- Underwood Avenue (road)
Amenities
- Floreat Forum
- Perry Lakes Reserve
- WA Athletics Stadium
- Bendat Basketball Centre
Shenton Park
Transport
- Shenton Park Station (train)
- Transperth buses (bus)
- Thomas Street (road)
- Stirling Highway (road)
Amenities
- Shenton Park Lake
- Rosalie Park
- Onslow Road shops
School listings show name, level and sector only. Enrolment areas change, so confirm eligibility for a specific address with the school or the Western Australia education department.
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Request a free assessment: Floreat or Shenton Park
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