North Fremantle WA Property Investment

Fremantle · 6159 · Score: 77/100 · Buy

Median House Price
$2.02M
Rental Yield
2.3%
Vacancy Rate
0.9%
Median Weekly Rent
$875/wk
Median Unit Price
$1.45M
Population
3,947
Days on Market
72 days
Annual Growth
34.4%

North Fremantle Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$224/night
Occupancy Rate
%
Est. Annual Revenue
$53K

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

AI Investment Analysis

North Fremantle WA Investment Brief

BUY — 2.2% gross yield on a $2,020,000 (pending peer validation) median.

THE MARKET

North Fremantle has compounded at 3.7%/yr over 5 years. Median sits in the $2,020,000 (pending peer validation) band today. Properties are sitting on market for 72 days (buyers have negotiating room).

  • Median house: $2,020,000 (pending peer validation) | Units: $1,449,701
  • Gross yield: 2.2% | Net yield: 0.8%
  • 5yr price CAGR: 3.7%/yr | 3yr forecast: 13.5%/yr
  • Population: 3,947 | Owner-occupier rate: 66% | Affluence: Very High
  • Supply pipeline: Moderate — Strong population growth likely attracting new development approvals

RENTAL SNAPSHOT

  • Vacancy: 0.9% (improving) | Rental demand: Very High
  • Median weekly rent: $875/wk | Days on market: 72 (worsening)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.

INFRASTRUCTURE & CATALYSTS

  • METRONET (Perth Rail Expansion) (Under Construction)
  • Perth City Deal (Under Delivery)
  • Transport: Well-connected inner-city location

BULL CASE

If North Fremantle maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $2,323,000 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in North Fremantle pull back 10-15% from $2,020,000, with vacancy rising to 1.6% and rental yields softening as tenants gain leverage.

KEY RISKS

  • Premium price point limits buyer pool and increases interest rate sensitivity

COMPARABLE MARKETS

  • Claremont (WA): $2,463,010 median, 2.7% yield, 8.9% 1yr growth
  • Floreat (WA): $2,430,000 median, 3.0% yield, 6.0% 1yr growth
  • Woodlands (WA): $1,950,000 median, 2.9% yield, 57.7% 1yr growth

THE PLAY

North Fremantle presents a compelling investment opportunity. The combination of solid fundamentals and very high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.2% and prioritise properties with value-add potential. Consider timing entry around the current cooling phase of the market cycle.

  • Entry range: $1,818,000 – $2,222,000
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Pre-gentrification3.0/10
▼High SEIFA decile — already upgraded or established affluent area
▲Inner/middle ring location (14.2km to CBD) — high gentrification corridor
▲Active development pipeline (1206 approvals) — supply attracting new residents

Growth Forecast

low confidence
1yr Forecast
4.0%
p.a.
2yr Forecast
3.6%
p.a.
5yr Forecast
3.2%
p.a.

Basis: 5yr CAGR 3.7% + 10yr CAGR 4.3%

Growth drivers
  • +Strong population growth (3.4%/yr) driving demand
  • +Very tight rental market (vacancy 0.9%) — upward price pressure
Headwinds
  • −Slow market (72 days avg) — buyer hesitancy
  • −High supply pipeline (1206 new approvals) — may cap price growth

Suburb Metric Thresholds

10 green2 yellow4 red
Rental Vacancy Rate
0.9 high impact
Days on Market
72 high impact
Weekly Rent (house)
875 medium impact
5yr Price CAGR
3.73 high impact
10yr Price CAGR
4.3 high impact
1yr Price Growth
34.39 medium impact
Population Growth
3.4 high impact
Median Household Income
2387 medium impact
Unemployment Rate
3.3 medium impact
Public Transport Score
6.4 medium impact
School Zone Quality
8.2 medium impact
Distance to CBD
14.15 medium impact
SEIFA Advantage/Disadvantage
10 medium impact
Owner Occupier Rate
66.5 medium impact
Gross Rental Yield (%)
2.25 high impact
Net Rental Yield (%)
0.75 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

▲ 0.25%

Cash rate as at 2026-05-06 · Credit data 2026-06

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

196

2020

138

2021

156

2022

236

2023

480

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 6159

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population

3,947

Education (IEO)

10/10

Econ. Resources (IER)

7/10

10-Year Investment Projection

Modelled on North Fremantle WA data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $875/wk median rent for North Fremantle. Capital growth and rent increase are editable assumptions.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.