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North Fremantle
AREA REPORTS

North Fremantle

North Fremantle - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6159

house
unit

Property investors have seen a 2.5% gain in NORTH FREMANTLE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on NORTH FREMANTLE, 6159 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 17.14%.

Based on its average 5-year and quarterly capital gains NORTH FREMANTLE, 6159 saw average growth in the long term.

The WA suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,230,000

Profits averaged 14.2% per annum over a 3-year period, due to an upward trend in home prices in NORTH FREMANTLE, 6159.

This means, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.

The gross rental yield in NORTH FREMANTLE, 6159 is 2.96%.

An average of 5.92 real estate transactions take place per month in NORTH FREMANTLE which translates to 71 per annum.

Data report can be found below

North Fremantle
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,230,000 $817,500
GROWTH REPORT
Median Quarterly 2.5% 5.48%
Median 12 month 17.14% 10.85%
Median 3 years 42.61% 3.15%
Median 5 years 28.8% -11.62%
10 years average annual 5.68% 0.42%
Weekly media advert. rent $700 $590
Time on Market 16.1 days 57.8 days
Gross Rental Yield Percent 2.96% 3.75%
demographics (median values)*
Total Population
3340
Weekly Household Income
2173
Household Size
2.10
Age
45
Monthly Loan Repayment
2538
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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