Fremantle is an average performer in WA when comparing median price capital growth over the last year. Fremantle gave property investors a average capital gain figure when compared to the rest of the state, with -4.66%.
When looking at the potential capital gains offered to property investors over the last 3 years, Fremantle comes in at number 125th in WA.
LACK OF BUYER INTEREST may well be the reason that Fremantle is offering property investors an average of -8.25. This rate of discount on properties puts Suburb at number 394th in terms of most discounted suburbs in WA
With the median price for a house in Fremantle being $767500 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.73%
Fremantle, 6160 ranked 96th in WA when comparing growth in median property values or capital gain over the last 12 months. Fremantle is one of 1662 in our list for WA
Comparing Fremantle,6160 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Fremantle, 6160. Typically our figures indicate that -9.25% is being offered, which puts this WA suburb at 94th most discounted overall in Australia.
With its stunning sunsets, laid back lifestyle and vibrant restaurant scene, few could deny that Fremantle is a popular place to live.Full summary
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With its stunning sunsets, laid back lifestyle and vibrant restaurant scene, few could deny that Fremantle is a popular place to live.
Most buyers would also agree that this popularity comes with a price tag.
Over the last few years it has become quite difficult to locate decent houses within the area for under $800,000.
However, the recent weakness in the Perth market has meant house prices have consolidated to a more realistic level, albeit still high at $792,500.
Unlike many areas in Perth, Freo is currently experiencing a drastic drop in housing stock up for grabs.
According to Real Estate Investar, stock on market fell by 27% during the past 12 months.
Vacancy rate remains healthy at 2.63%, with houses achieving 4% rental yield on average.
Among the most popular streets in the suburb include Holland Street, Adelaide Street and Beach Street.
Selling points: Location, Cafes, parks
Top amenities: Schools, Parks, Café Strip, Yacht Club
Local industry and business: Lots of Hospitality, boating and yachting, retail
Public transport: Buses, Cat Buses, Trains are available
Main arteries: Leach Hwy, Stirling Hwy, Hampton Road, South St, Canning HwyClose