Suburb Profile Report for South Fremantle WA (6162)

South Fremantle House: Median price $1,022,500, Annual capital growth 2.04%, Number of sales 47, Weekly median advertised rent $600

South Fremantle Unit: Median price $615,000, Annual capital growth 1.45%, Number of sales 17, Weekly median advertised rent $448

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 3.28% for the last 12 months, South Fremantle, 6162 has performed for property investments than its average annual 2.04% property growth over the last 5 years.

A 14.89% growth in median value for property investors in South Fremantle,6162 puts this suburb at number 101th in terms of best performing suburbs in WA

Sellers are offering property buyers an average discount of -5.99% to buyers in South Fremantle at the moment, which is less than average for the rest of WA.

At number 1592 in a list of fastest selling suburbs, South Fremantle is just in the top half of suburbs in Australia with an average of days on market 66.75 for properties listed there.

South Fremantle, 6162’s gross rental yield is 3.05%

At number 1524th in the list of Australian suburbs ordered by increase in median house value over the last year, South Fremantle, 6162 is in the BOTTOM 20% with a property value increase of -8.89% recorded in median house prices.

South Fremantle,6162 has offered an average of -8.89% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in South Fremantle 6162 should be seeing an average reduction in asking price of around -8.80% . This means that South Fremantle is holding prices well when compared to other suburbs in WA.

Renters in Suburb are facing rents around $5370 per annum or $447.5 every week.

Metrics i HOUSE UNIT
$1,022,500 $615,000
1.36% 2.07%
3.28% -8.89%
2.04% 1.45%
$600 $448
47 17
3.05% 3.78%
66.75 115.76

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 2999
Median household income ($/weekly) 1407
Median age of persons 44
Median housing loan repayment ($/monthly) 2184
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 282 9.4
    25-34 years 383 12.8
    35-44 years 427 14.2
    45-54 years 507 16.9
    55-64 years 480 16.0
    Others 920 30.7
    Age Group
    Census Count Percent(%)
    Not Married 1001 44.5
    Registered Married 915 40.6
    Defacto Relationship 335 14.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1836 65.0
    Japan 87 3.1
    Papua New Guinea 95 3.4
    United Kingdom 417 14.8
    Other 141 5.0
    Others 247 8.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 2.2
    Christianity 1411 52.9
    Judaism 14 0.5
    Other Religious Groups 16 0.6
    No Religion 1156 43.3
    Others 12 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 104 9.6
    $1,000-$1,249 92 8.5
    $1,500-$1,999 116 10.7
    $2,500-$2,999 137 12.6
    $3,000-$3,499 82 7.6
    Others 554 51.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 913 38.0
    Not in the labour force 760 31.7
    Employed, worked part-time 555 23.1
    Employed, away from work 99 4.1
    Unemployed, looking for work 74 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 206 13.1
    Professionals 586 37.4
    Technicians & trades workers 168 10.7
    Community & personal service workers 156 10.0
    Clerical & administrative workers 170 10.8
    Others 281 17.9
    Occupation
    Census Count Percent(%)
    Pre-school 30 4.9
    Infants/Primary 196 32.0
    Secondary 137 22.4
    Technical or Further Educational Institution 56 9.2
    University or other Tertiary Institutions 182 29.7
    Others 11 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1969 72.3
    Semi-detached, row or terrace house, townhouse 399 14.7
    Caravan, cabin, houseboat 183 6.7
    Flat, unit or apartment 158 5.8
    House or flat attached to a shop, office 14 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 500 41.2
    Rented 384 31.6
    Being purchased 323 26.6
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals