Suburb Profile Report for South Fremantle WA (6162)

South Fremantle House: Median price $1,095,000, Annual capital growth 2.93%, Number of sales 44, Weekly median advertised rent $588

South Fremantle Unit: Median price $600,000, Annual capital growth 0.89%, Number of sales 15, Weekly median advertised rent $490

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in South Fremantle, 6162 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this WA suburb was 12.89%.

When looking at the potential capital gains offered to property investors over the last 3 years, South Fremantle comes in at number 11th in WA.

At number 259th of WA’s most discounted properties, South Fremantle is in the TOP 40% of the state/territory when listing in order of most discounted to least.

At number 1929 in a list of fastest selling suburbs, South Fremantle is just in the bottom half of suburbs in Australia with an average of days on market 77.96 for properties listed there.

A $587.5 per week rent on the median house gives suburb investors a gross yield of circa 2.79%, without taking into account capital value appreciation, which has been averaging out at 2.93%.

South Fremantle, 6162 ranked 82th in WA when comparing growth in median property values or capital gain over the last 12 months. South Fremantle is one of 1662 in our list for WA

Comparing South Fremantle,6162 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.85% offered to property buyers. Sellers in South Fremantle itself are offering an average vendor discount of -13.66% to real estate investors.

The WA suburb of South Fremantle, 6162 is in the Fremantle local government area.

Metrics i HOUSE UNIT
$1,095,000 $600,000
1.39% -0.41%
12.89% -12.09%
2.93% 0.89%
$588 $490
44 15
2.79% 4.25%
77.96 134.14

Source: CoreLogic

DSR Score for property investment : Above average (H), Below average (U)
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Demographics
Total population 2999
Median household income ($/weekly) 1407
Median age of persons 44
Median housing loan repayment ($/monthly) 2184
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 282 9.4
    25-34 years 383 12.8
    35-44 years 427 14.2
    45-54 years 507 16.9
    55-64 years 480 16.0
    Others 920 30.7
    Age Group
    Census Count Percent(%)
    Not Married 1001 44.5
    Registered Married 915 40.6
    Defacto Relationship 335 14.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1836 65.0
    Japan 87 3.1
    Papua New Guinea 95 3.4
    United Kingdom 417 14.8
    Other 141 5.0
    Others 247 8.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 2.2
    Christianity 1411 52.9
    Judaism 14 0.5
    Other Religious Groups 16 0.6
    No Religion 1156 43.3
    Others 12 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 104 9.6
    $1,000-$1,249 92 8.5
    $1,500-$1,999 116 10.7
    $2,500-$2,999 137 12.6
    $3,000-$3,499 82 7.6
    Others 554 51.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 913 38.0
    Not in the labour force 760 31.7
    Employed, worked part-time 555 23.1
    Employed, away from work 99 4.1
    Unemployed, looking for work 74 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 206 13.1
    Professionals 586 37.4
    Technicians & trades workers 168 10.7
    Community & personal service workers 156 10.0
    Clerical & administrative workers 170 10.8
    Others 281 17.9
    Occupation
    Census Count Percent(%)
    Pre-school 30 4.9
    Infants/Primary 196 32.0
    Secondary 137 22.4
    Technical or Further Educational Institution 56 9.2
    University or other Tertiary Institutions 182 29.7
    Others 11 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1969 72.3
    Semi-detached, row or terrace house, townhouse 399 14.7
    Caravan, cabin, houseboat 183 6.7
    Flat, unit or apartment 158 5.8
    House or flat attached to a shop, office 14 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 500 41.2
    Rented 384 31.6
    Being purchased 323 26.6
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
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