Suburb Profile Report for North Fremantle WA (6159)

North Fremantle House: Median price $960,000, Annual capital growth 2.06%, Number of sales 30, Weekly median advertised rent $690

North Fremantle Unit: Median price $800,000, Annual capital growth 12.81%, Number of sales 53, Weekly median advertised rent $563

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in North Fremantle, 6159 have given investors a capital gain of 8.78%. This compares very favourably with the -3.83% for WA as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, North Fremantle comes in at number 376th in WA.

Property buyers and investors in North Fremantle 6159 should be seeing an average reduction in asking price of around -9.01% . This means that North Fremantle is holding prices well when compared to other suburbs in WA.

At number 1255 in a list of fastest selling suburbs, North Fremantle is in the TOP 40% of suburbs in Australia with an average of days on market 65.64 for properties listed there.

A $690 per week rent on the median house gives suburb investors a gross yield of circa 3.74%, without taking into account capital value appreciation, which has been averaging out at 2.06%.

North Fremantle is an average performer in WA when comparing median price capital growth over the last year. North Fremantle gave property investors a good capital gain figure when compared to the rest of the state, with -3.03%.

Taking the average capital gain, or increase in median house value, North Fremantle,6159 has racked up an average of -3.03% over the period. This ranks it number 1616th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in North Fremantle, 6159. Typically our figures indicate that -7.16% is being offered, which puts this WA suburb at 265th most discounted overall in Australia.

Residents and property investors in North Fremantle have been waiting around 123.75 days to sell a property.

Metrics i HOUSE UNIT
$960,000 $800,000
3.78% -2.14%
8.78% -3.03%
2.06% 12.81%
$690 $563
30 53
3.74% 3.66%
65.64 123.75

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (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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