About Fremantle

Fremantle, a vibrant coastal suburb approximately 19 kilometres southwest of Perth’s central business district, is renowned for its rich history, dynamic arts scene, and bustling markets. Its unique blend of heritage architecture, lively cultural events, and proximity to the Indian Ocean make it a highly attractive destination for property investors seeking both capital growth and rental yield.​

Property Market Overview:

• Median Property Prices: Over the past year, Fremantle has experienced significant growth in property values. The median house price is approximately $1,277,500, reflecting an annual compound growth rate of 15.2%. Units have a median price around $635,000, with an annual growth rate of 32.3%.

• Rental Market: The rental market in Fremantle remains competitive. Houses rent for a median of $800 per week, yielding an annual rental return of about 3.7%. Units rent for $650 per week, offering a rental yield of approximately 5.7%. Additionally, the median weekly house rent has seen a 7.4% increase over the past year, surpassing Perth’s median of $650.

• Market Activity: In the past 12 months, there were 151 house sales, with properties spending an average of 14 days on the market, indicating high demand.

Demographics and Lifestyle:

Fremantle has a population of approximately 8,211 residents. The suburb offers a variety of amenities, including the renowned Fremantle Markets, a diverse range of cafes and restaurants along the Cappuccino Strip, and cultural institutions like the Fremantle Arts Centre. Recreational options abound with the Fishing Boat Harbour, popular beaches, and the Fremantle Railway Station providing convenient access into Perth City.​

Investment Insights:

Fremantle‘s substantial property value growth, coupled with its desirable location and strong rental yields, positions it as an attractive prospect for property investors. The low average days on market further underscore its investment potential. Additionally, Fremantle has been identified as one of the top-performing suburbs in Australia, with expectations of over 10% capital growth in 2025 due to critically low housing supply.