Suburb Profile Report for North Fremantle WA (6159)

North Fremantle House: Median price $955,000, Annual capital growth 4.11%, Number of sales 32, Weekly median advertised rent $690

North Fremantle Unit: Median price $825,000, Annual capital growth 10.80%, Number of sales 55, Weekly median advertised rent $590

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

WA has seen average median house prices change by -4.17% which means that North Fremantle, 6159 has not done well for property investors by showing a capital gain of 4.37% over the last year

Across a shorter period, North Fremantle, 6159 has seen a median price increase of 0.53% over the last quarter.

The most recent median price for North Fremantle is $955000, with sellers offering an average of -9.01% off the asking price.

On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.

Using the current median advertised rental of $690 and the average annual increase in value of a median property of 4.11%, investors should hope to achieve an overall return of 3.76%

WA has seen average median house prices change by -5.10% which means that North Fremantle, 6159 has not done well for property investors by showing a capital gain of 0.00% over the last year

The five-year average increase in median property values for North Fremantle,6159 has given property investors a potential capital gain of -27.18% across each of those five years.

Our latest figures would indicate that property sellers in North Fremantle are currently offering property investors an average price cut of -7.06% below the asking price at the moment.

In the last year 55 properties changed hands in North Fremantle, which puts it as the 26th most active market in WA when comparing the number of sales per suburb.

Advertised rents are around the $590 mark per week – giving a return of 3.72% based on the median price in Suburb

Metrics i HOUSE UNIT
$955,000 $825,000
0.53% 3.13%
4.37% 0.00%
4.11% 10.80%
$690 $590
32 55
3.76% 3.72%
60.73 116.32

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 2725
Median household income ($/weekly) 1859
Median age of persons 43
Median housing loan repayment ($/monthly) 2600
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 455 16.7
    35-44 years 384 14.1
    45-54 years 340 12.5
    55-64 years 455 16.7
    65-74 years 291 10.7
    Others 800 29.4
    Age Group
    Census Count Percent(%)
    Registered Married 836 43.6
    Not Married 813 42.4
    Defacto Relationship 267 13.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1738 70.5
    Papua New Guinea 80 3.2
    South Africa 34 1.4
    United Kingdom 335 13.6
    Other 89 3.6
    Others 190 7.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 57 2.4
    Christianity 1373 58.1
    Judaism 14 0.6
    Other Religious Groups 22 0.9
    No Religion 887 37.6
    Others 9 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 79 8.0
    $1,500-$1,999 92 9.3
    $2,500-$2,999 173 17.4
    $3,000-$3,499 83 8.4
    $4,000 or more 93 9.4
    Others 472 47.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 877 40.5
    Not in the labour force 709 32.7
    Employed, worked part-time 435 20.1
    Employed, away from work 75 3.5
    Unemployed, looking for work 70 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 244 17.6
    Professionals 578 41.7
    Technicians & trades workers 108 7.8
    Community & personal service workers 107 7.7
    Clerical & administrative workers 154 11.1
    Others 195 14.1
    Occupation
    Census Count Percent(%)
    Pre-school 30 6.3
    Infants/Primary 135 28.5
    Secondary 82 17.3
    Technical or Further Educational Institution 45 9.5
    University or other Tertiary Institutions 166 35.0
    Others 16 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1114 49.1
    Semi-detached, row or terrace house, townhouse 826 36.4
    Flat, unit or apartment 330 14.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 435 39.6
    Fully owned 348 31.7
    Being purchased 311 28.3
    Other tenure type 4 0.4
    Tenure Type
Census 2011, ABS
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