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
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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.