Suburb Profile Report for East Fremantle WA (6158)

East Fremantle House: Median price $1,120,000, Annual capital growth 2.74%, Number of sales 96, Weekly median advertised rent $580

East Fremantle Unit: Median price $456,500, Annual capital growth 1.11%, Number of sales 47, Weekly median advertised rent $375

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
  • Unit Report

If you compare the increase in value of investment property in East Fremantle, 6158 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this WA suburb was 4.92%.

East Fremantle,6158 was ranked 942 in Australia by increase in median property value over the quarter.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.58% offered to property buyers. Sellers in East Fremantle itself are offering an average vendor discount of -8.92% to real estate investors.

East Fremantle, 6158’s gross rental yield is 2.69%

East Fremantle has had a pretty good year for property investment returns compared to the rest of WA, giving investors a capital gain of -1.40% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in East Fremantle has fallen somewhat when compared to the 5 year average annual rate.

East Fremantle, 6158 is offering WA ‘s 19th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this WA.

The WA suburb of East Fremantle, 6158 is in the East Fremantle (T) local government area.

Andy McIntyre Information supplied by:

Andy McIntyre
Nook Property

M 08 9339 9222
O 0409 699 567

W www.nookproperty.com.au
E reception@nookproperty.com.au
East Fremantle is split into two halves by Canning Hwy. The Northern side of Canning Hwy boasts large blocks with wide leafy streets and a mix of older homes and newly built/renovated homes. 
 
Whereas the Southern side of Canning Hwy, generally has smaller block sizes and the majority of properties are character homes, encapsulating the areas heritage of small workers cottages. 
 
East Fremantle has an abundance of families living in the area, due to its excellent schools inc; Richmond Primary & East Fremantle Primary Schools, John Curtin College.
 
This part of WA really does epitomise the feeling of living in a village. It has everything you could ever need right on your doorstep – it’s a GREAT place to live.
 
Selling points: 
Schools are excellent, everywhere is close to the magnificent Swan river and its only a short drive to the local beaches.
 
Most sought-after properties: 
The character homes of the “Plympton Ward” are very much sort after. When they appear for sale they are snapped up by eager buyers looking to move in close to George St and the cafés/restaurants.
 
Equally properties with views to the Indian Ocean and looking up and down the Swan river don’t last long on the market either.
 
Most common properties:  
There is a real mix of properties in this area, ranging from Mansions on the hill, to character cottages in the Pympton Ward, to expensive unit developments and less expensive renovators units.
 
Top amenities: 
There is always something to do or somewhere to go in East Freo. If your not soaking up the atmosphere of George St, maybe a nice meal and drink down at the Left Bank Pub will suit you better.
 
After your meal you can stroll along the rivers edge all the way to Point Walter if you so desire. Or for the sportier people, you can complete a workout on the outdoor fitness equipment located on the rivers edge – if working out whilst watching the boats cruise by doesn’t make the time fly nothing will.
 
Local industry and business:
Currently East Fremantle town centre is being redeveloped, but there is still a healthy mix of businesses, such as Insurance companies, Health and fitness outlets, Pharmacies, Food stores and a fantastic array of restaurants and bars.
 
Recent changes: 
East Fremantle Town Centre is having a major face lift with the introduction of the Richmond Quarter. This new development will boast an array of commercial and retail space along with a mix of residential apartments.
 
Best streets: 
The George St precinct is one of the most popular areas of East Fremantle, with its café culture and mix of shops. 
 
Public transport: 
Excellent public transport to and from Fremantle. From main train station in Fremantle, it is a 26 minute journey to Perth City.
 
Main arteries: 
Good access to all major routes from Fremantle to Perth City

 

Metrics i HOUSE UNIT
$1,120,000 $456,500
1.82% 6.78%
4.92% -1.40%
2.74% 1.11%
$580 $375
96 47
2.69% 4.27%
79.4492753623189 101.516129032258

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 6930
Median household income ($/weekly) 1834
Median age of persons 42
Median housing loan repayment ($/monthly) 2200
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 913 13.2
    25-34 years 654 9.4
    35-44 years 1005 14.5
    45-54 years 1183 17.1
    55-64 years 965 13.9
    Others 2209 31.9
    Age Group
    Census Count Percent(%)
    Registered Married 2474 49.5
    Not Married 1960 39.3
    Defacto Relationship 559 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4833 73.3
    Japan 126 1.9
    Papua New Guinea 177 2.7
    United Kingdom 731 11.1
    Other 222 3.4
    Others 500 7.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 94 1.5
    Christianity 4043 64.2
    Islam 21 0.3
    Other Religious Groups 63 1.0
    No Religion 2053 32.6
    Others 24 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 236 10.3
    $2,000-$2,499 173 7.5
    $2,500-$2,999 334 14.6
    $3,000-$3,499 211 9.2
    $4,000 or more 224 9.8
    Others 1114 48.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2115 39.6
    Not in the labour force 1649 30.9
    Employed, worked part-time 1206 22.6
    Employed, away from work 244 4.6
    Unemployed, looking for work 130 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 598 16.8
    Professionals 1322 37.1
    Technicians & trades workers 332 9.3
    Community & personal service workers 279 7.8
    Clerical & administrative workers 468 13.1
    Others 563 15.8
    Occupation
    Census Count Percent(%)
    Pre-school 114 6.5
    Infants/Primary 619 35.5
    Secondary 449 25.7
    Technical or Further Educational Institution 121 6.9
    University or other Tertiary Institutions 407 23.3
    Others 35 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5035 79.2
    Semi-detached, row or terrace house, townhouse 805 12.7
    Flat, unit or apartment 504 7.9
    House or flat attached to a shop, office 7 0.1
    Improvised home, tent, sleepers out 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 976 38.3
    Being purchased 935 36.7
    Rented 631 24.8
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
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