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North FremantleNorth Fremantle - SUBURB PROFILE REPORT
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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.
| 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% |
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