Posted on 03/09/2014 by Andrew Johns
If you're looking to invest in Fremantle real estate, here are some helpful stats and information to assist you in your research.
(Source: Census 2011)
Fremantle Real Estate - Units Report
(source: RP Data)
Fremantle is in the TOP 10% in WA when comparing median price capital growth over the last year. Fremantle gave property investors a very good capital gain figure when compared to the rest of the state, with 27.93%.
The five-year average increase in median property values for Fremantle, 6160 has given property investors a potential capital gain of 34.49% across each of those five years.
WA is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.54% offered to property buyers. Sellers in Fremantle itself are offering an average vendor discount of -5.53% to real estate investors.
Residents and property investors in Fremantle have been waiting around 90.34 days to sell a property.
With the median price for a unit in Fremantle being $524,500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.46%.
(source: Your Investment Property)