Suburb Profile Report for North Fremantle WA (6159)

North Fremantle House: Median price $1,150,000, Annual capital growth 4.66%, Number of sales 34, Weekly median advertised rent $685

North Fremantle Unit: Median price $777,500, Annual capital growth 1.29%, Number of sales 62, Weekly median advertised rent $530

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

North Fremantle, 6159 ranked 5th 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

While North Fremantle,6159 ranked number 40th in WA for increase in median house value (annualised) increase, it is ranked 177th over the last 5 years.

Giving property investors a a poor capital gain of -7.99% for the last year, North Fremantle, 6159 is the 1234th highest performer in Australia in this respect.

A -7.44% growth in median value for property investors in North Fremantle,6159 puts this suburb at number 73th in terms of best performing suburbs in WA

Property buyers and investors in North Fremantle 6159 should be seeing an average reduction in asking price of around -6.85% . This means that North Fremantle is holding prices well when compared to other suburbs in WA.

Advertised rents are around the $530 mark per week – giving a return of 3.54% based on the median price in Suburb

Information supplied by:




M
O

W
E

North Fremantle, WA – Property stock rises

Postcode: 6159

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.

Metrics i HOUSE UNIT
$1,150,000 $777,500
4.78% -1.58%
36.50% -7.99%
4.66% 1.29%
$685 $530
34 62
3.10% 3.54%
74.3809523809524 87.2619047619048

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in North Fremantle WA
Demographics
Total population 2725
Median household income ($/weekly) 1859
Median age of persons 43
Median housing loan repayment ($/monthly) 2600
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 455 16.7
    35-44 years 384 14.1
    45-54 years 340 12.5
    55-64 years 455 16.7
    65-74 years 291 10.7
    Others 800 29.4
    Age Group
    Census Count Percent(%)
    Registered Married 836 43.6
    Not Married 813 42.4
    Defacto Relationship 267 13.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1738 70.5
    Papua New Guinea 80 3.2
    South Africa 34 1.4
    United Kingdom 335 13.6
    Other 89 3.6
    Others 190 7.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 57 2.4
    Christianity 1373 58.1
    Judaism 14 0.6
    Other Religious Groups 22 0.9
    No Religion 887 37.6
    Others 9 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 79 8.0
    $1,500-$1,999 92 9.3
    $2,500-$2,999 173 17.4
    $3,000-$3,499 83 8.4
    $4,000 or more 93 9.4
    Others 472 47.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 877 40.5
    Not in the labour force 709 32.7
    Employed, worked part-time 435 20.1
    Employed, away from work 75 3.5
    Unemployed, looking for work 70 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 244 17.6
    Professionals 578 41.7
    Technicians & trades workers 108 7.8
    Community & personal service workers 107 7.7
    Clerical & administrative workers 154 11.1
    Others 195 14.1
    Occupation
    Census Count Percent(%)
    Pre-school 30 6.3
    Infants/Primary 135 28.5
    Secondary 82 17.3
    Technical or Further Educational Institution 45 9.5
    University or other Tertiary Institutions 166 35.0
    Others 16 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1114 49.1
    Semi-detached, row or terrace house, townhouse 826 36.4
    Flat, unit or apartment 330 14.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 435 39.6
    Fully owned 348 31.7
    Being purchased 311 28.3
    Other tenure type 4 0.4
    Tenure Type
Census 2011, ABS
Chart Table