North Fremantle, 6159 ranked 10th in WA when comparing growth in median property values or capital gain over the last 12 months. North Fremantle is one of 1662 in our list for WA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in North Fremantle has fallen somewhat when compared to the 5 year average annual rate.
Property investors who have had real estate in North Fremantle, 6159 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -19.33%
Over the longer term, North Fremantle has seen property prices show investors a -3.84% return over the last 3 years. This is worse than over the last 12 months
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 North Fremantle, 6159. Typically our figures indicate that -7.03% is being offered, which puts this WA suburb at 396th most discounted overall in Australia.
North Fremantle is 108th on a list of best yielding suburbs for rents in WA with a 3.49% return
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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.