Suburb Profile Report for South Fremantle WA (6162)

South Fremantle House: Median price $991,250, Annual capital growth 1.65%, Number of sales 51, Weekly median advertised rent $598

South Fremantle Unit: Median price $637,500, Annual capital growth 1.53%, Number of sales 14, Weekly median advertised rent $483

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in South Fremantle, 6162 have given investors a capital gain of -4.23%. This compares averagely with the -2.60% for WA as a whole.

Over the longer term, South Fremantle has seen property prices show investors a 4.34% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -5.98% to buyers in South Fremantle at the moment, which is less than average for the rest of WA.

With the median price for a house in South Fremantle being $991250 and the advertised rent reaching $597.5 the gross rental yield for property investors calculates out to be 3.13%

At number 1424th in the list of Australian suburbs ordered by increase in median house value over the last year, South Fremantle, 6162 is in the BOTTOM 20% with a property value increase of -5.56% recorded in median house prices.

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

Property buyers and investors in South Fremantle 6162 should be seeing an average reduction in asking price of around -11.49% . This means that South Fremantle is holding prices well when compared to other suburbs in WA.

Advertised rents are around the $482.5 mark per week – giving a return of 3.94% based on the median price in Suburb

Metrics i HOUSE UNIT
$991,250 $637,500
-8.22% 6.61%
-4.23% -5.56%
1.65% 1.53%
$598 $483
51 14
3.13% 3.94%
74.3 117.91

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
Find a mortgage broker in South Fremantle WA
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
Chart Table
Recent sales & rentals