Property investors who have had real estate in South Fremantle, 6162 should be relatively pleased 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 9.79%
Over the longer term, South Fremantle has seen property prices show investors a 15.76% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in South Fremantle should be aiming for at least -7.05% off the asking price, which is the average vendor discount being achieved 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 67.57 days.
Situated 16.17km from the CBD, South Fremantle is one of Fremantle localities in the postcode 6162.
At number 1355th in the list of Australian suburbs ordered by increase in median house value over the last year, South Fremantle, 6162 is in the BOTTOM 30% with a property value increase of -3.98% recorded in median house prices.
Taking the average capital gain, or increase in median house value, South Fremantle,6162 has racked up an average of -3.98% over the period. This ranks it number 1583th in the whole country for real estate investors looking at median house price increases.
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 South Fremantle, 6162. Typically our figures indicate that -11.51% is being offered, which puts this WA suburb at 37th most discounted overall in Australia.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
Property investors should expect to get $495 weekly from the median priced house in this suburb.