Giving property investors a a stable capital gain of 4.74% for the last year, North Fremantle, 6159 is the 972th highest performer in Australia in this respect.
The five-year average increase in median property values for North Fremantle,6159 has given property investors a potential capital gain of -12.86% across each of those five years.
The WA suburb of North Fremantle, 6159 is in the Fremantle (C) local government area.
Property value increases in North Fremantle have tracked lower than the WA average of -6.57% over the last 12 months.
If we look at median property appreciation over just the last three months, North Fremantle has given property investors a paper return of -0.95%. This puts Suburb as 53 on a list of fastest fasting appreciating suburbs in WA
At number 68th of WA’s most discounted properties, North Fremantle is in the TOP 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 5.83 sales per month, which equates to 70 per year.
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North Fremantle, WA – Property stock rises
Median house price: $896,250
Stock on market: 60.3%
12-month growth: -26.8%
Sitting on a peninsula bounded by the Indian Ocean, the suburb of North Fremantle was once the site of the Leighton Marshalling Yards for the Western Australian Government Railways. In the year to August 2019, both house and unit stock increased by a total of 60%.
North Fremantle is bordered by the Swan River to the east, and this river is important to the Aboriginal community, who call the river “Derbal Yaragan”. Nature is certainly one of its selling points among buyers, who enjoy relaxing in the recreational areas near the water. There is also a strong community vibe that draws families. For shopping needs, Fremantle and Mosman Park are minutes away.