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Fremantle

POSTAL CODE: WA, 6160
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Property investors enjoyed capital gains of 14.29% over the last 12 months in FREMANTLE, translating to lower returns compared with its peers in WA.

Figures from the previous quarter show that capital gains for real estate buyers in FREMANTLE are low, as opposed to average gains per annum over the past five years.

The suburb posted a 44.7% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $920 based on current median home prices for the suburb.

On average, rents on listings have reached the $920 mark, reflecting a 3.42% increase in returns based on the current median price in FREMANTLE.

FREMANTLE, 6160 ranks 243rd in WA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 313th on the list of best yielding suburbs for rental properties in WA, posting a 3.42% return.

Surburb overview

Fremantle is located approximately 20 kilometres south-west of Perth’s central business district and serves as the principal port city of Western Australia. The suburb encompasses an area of around 19 square kilometres and is bounded by the Indian Ocean to the west and the Swan River to the north.

According to the 2021 Census, Fremantle had a population of 31,930, with a median age of 42. The demographic profile indicates that 64.9% of residents were born in Australia, followed by 8.5% from England and 2.3% from Italy. The suburb has a diverse linguistic landscape, with Italian, French, and German among the most commonly spoken languages after English.

The Fremantle Train Station, the terminus of the Fremantle Line, facilitates public transportation in Fremantle. The Fremantle Line provides direct connections to Perth and surrounding areas. Transperth bus services operate throughout the suburb, offering additional connectivity.

Educational facilities in Fremantle include Fremantle Primary School and Lance Holt School, which cater to primary education. Secondary education is provided by institutions such as Christian Brothers College and John Curtin College of the Arts. The University of Notre Dame Australia has a campus in Fremantle and offers a range of undergraduate and postgraduate programs.

Healthcare services are accessible at Fremantle Hospital, a major acute-care teaching hospital in the suburb. The hospital offers various medical services, including specialised units for cardiothoracic surgery and mental health care.

Fremantle offers a variety of recreational spaces, with over 70 parks and reserves, including native bushland, beach parks, and sporting reserves. Notable parks include Fremantle Park, which hosts various community events, and Esplanade Park, located near the Fishing Boat Harbour.

The suburb's coastal location provides opportunities for water-based activities, and cultural attractions such as the Western Australian Maritime Museum and the Fremantle Arts Centre contribute to the area's vibrant community life.

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