Get a property report and suburb profile for any property in Fremantle

Fremantle is a historic port suburb at the mouth of the Swan River with a strong maritime character and preserved 19th century architecture. Victorian and Federation terraces, converted warehouses and compact apartment blocks create a walkable village feel around the markets, Bathers Beach, the Fishing Boat Harbour and the Cappuccino Strip, which feed a busy café, gallery and live-music scene. People who live here tend to value coastal access, cultural events, independent shops and straightforward train and ferry connections.

Home to 9,251 people with a median age of 41, Fremantle is made up largely of couple households without children while couple families with children are also common. Housing is more owner-occupied than rented, and the suburb is seeing major civic work from the Swan River Crossings transport upgrades to a Fremantle Hospital mental health expansion and local renewal projects around Walyalup Koort (Kings Square), Bathers Beach and South Beach. Whether that mix suits you will depend on what you want from a suburb.

On the figures for Fremantle (6160), renting a house at $900 a week would take about 49.5% of a typical local household's weekly income as recorded at the last Census, while renting a unit at $720 a week would take about 39.5% of that income. Looking at buying, a median house price of $1,562,500 works out to roughly 16.5 times a typical local annual household income at the last Census, and the median unit price of $792,500 is about 8.4 times that annual income.

So, on these figures, both buying and renting take a large share of what a typical local household earned at the last Census, with houses especially stretched against local incomes. Whether that feels expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Unit values climbed 21.0% over the past 12 months, a strong rise, while house values also rose strongly, up 14.2%. In Fremantle that points to notable capital growth across both property types, with units leading on price movement.

On the income side, house rents increased 12.5% over the year, a strong rise, while unit rents rose 5.9%, a solid increase. The rent a house earns has grown faster than the rent a unit earns, even though unit prices outpaced house prices. Which of those outcomes matters more to you — rental income or capital growth — will determine how you interpret these figures for Fremantle.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.