Investment property in North Fremantle has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.60%
While North Fremantle,6159 ranked number 60th in WA for increase in median house value (annualised) increase, it is ranked 37th over the last 5 years.
Property buyers and investors in North Fremantle 6159 should be seeing an average reduction in asking price of around -7.12% . This means that North Fremantle is holding prices well when compared to other suburbs in WA.
North Fremantle is 259th on a list of best yielding suburbs for rents in WA with a 3.83% return
North Fremantle has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 2.48% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in North Fremantle has fallen somewhat when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -8.52% to buyers in North Fremantle at the moment, which is less than average for the rest of WA.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.46%, without taking into account capital value appreciation, which has been averaging out at 16.21%.