Suburb Profile Report for South Fremantle WA (6162)

South Fremantle House: Median price $1,025,000, Annual capital growth 3.25%, Number of sales 45, Weekly median advertised rent $620

South Fremantle Unit: Median price $675,000, Annual capital growth 3.34%, Number of sales 23, Weekly median advertised rent $495

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in South Fremantle, 6162 should be ok with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.67%

The five-year average increase in median property values for South Fremantle,6162 has given property investors a potential capital gain of 12.95% across each of those five years.

Property buyers and investors in South Fremantle 6162 should be seeing an average reduction in asking price of around -7.53% . This means that South Fremantle is holding prices well when compared to other suburbs in WA.

In the last year 45 properties changed hands in South Fremantle, which puts it as the 256th most active market in WA when comparing the number of sales per suburb.

Over the last year, property investments in South Fremantle, 6162 have given investors a capital gain of 15.88%. This compares very favourably with the -3.23% for WA as a whole.

South Fremantle, 6162 is offering WA ‘s 12th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this WA.

In the last year 23 properties changed hands in South Fremantle, which puts it as the 74th most active market in WA when comparing the number of sales per suburb.

Property investors should expect to get $495 weekly from the median priced house in this suburb.

HOUSE UNIT
$1,025,000 $675,000
-0.97% N/A
5.67% 15.88%
3.25% 3.34%
$620 $495
45 23
3.15% 3.81%
83.48 139.69

Source: CoreLogic

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