At number 3203th in the list of Australian suburbs ordered by increase in median house value over the last year, South Fremantle, 6162 is in the BOTTOM 30% with a property value increase of -8.72% recorded in median house prices.
While South Fremantle,6162 ranked number 336th in WA for increase in median house value (annualised) increase, it is ranked 39th over the last 5 years.
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 South Fremantle itself are offering an average vendor discount of -9.91% to real estate investors.
In the last year 50 properties changed hands in South Fremantle, which puts it as the 220th most active market in WA when comparing the number of sales per suburb.
South Fremantle, 6162’s gross rental yield is 3.11%
If you compare the increase in value of investment property in South Fremantle, 6162 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -30.08%.
The five-year average increase in median property values for South Fremantle,6162 has given property investors a potential capital gain of -25.86% across each of those five years.
A $475 per week rent on the median house gives suburb investors a gross yield of circa 5.74%, without taking into account capital value appreciation, which has been averaging out at -1.70%.