Suburb Profile Report for South Fremantle WA (6162)

South Fremantle House: Median price $1,040,000, Annual capital growth 2.54%, Number of sales 47, Weekly median advertised rent $578

South Fremantle Unit: Median price $602,500, Annual capital growth 1.41%, Number of sales 16, Weekly median advertised rent $473

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

Source: CoreLogic

  • House Report
  • Unit Report

South Fremantle is in the TOP 30% in WA when comparing median price capital growth over the last year. South Fremantle gave property investors a good capital gain figure when compared to the rest of the state, with 0.97%.

South Fremantle,6162 was ranked 2733 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in South Fremantle are currently offering property investors an average price cut of -7.17% below the asking price at the moment.

Often selling an investment property can take time, and in South Fremantle the average time real estate has been on the market is 70.65 days.

With the median price for a house in South Fremantle being $1040000 and the advertised rent reaching $577.5 the gross rental yield for property investors calculates out to be 2.89%

South Fremantle, 6162 ranked 80th 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

LACK OF BUYER INTEREST may well be the reason that South Fremantle is offering property investors an average of -8.65. This rate of discount on properties puts Suburb at number 11th in terms of most discounted suburbs in WA

In the last year 16 properties changed hands in South Fremantle, which puts it as the 89th most active market in WA when comparing the number of sales per suburb.

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

Metrics i HOUSE UNIT
$1,040,000 $602,500
0.00% N/A
0.97% -10.74%
2.54% 1.41%
$578 $473
47 16
2.89% 4.08%
70.65 130.93

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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