East Fremantle (postcode 6158) is a medium-sized suburb in Western Australia within the East Fremantle local government area. With a population of 7,819, the suburb has an established family demographic with a median age of 44. Households earn a median income of $119K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.3% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
East Fremantle has a median house price of $1.8 million, which has climbed sharply by 15.2% year-on-year. Units have a median price of $578,000 (+6% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,600.
East Fremantle is served by 1 school, including 1 primary. The average ICSEA score is 1156, which is well above the national average of 1,000. Public transport access includes 31 bus stops.
Looking at the investment signals, Gross rental yield sits at around 2.5% (low yield). Property prices are above the state median ($1.8M/$951K), placing it in the premium segment. The price-to-income ratio of 14.8x is considered stretched. House prices have moved +15.2% year-on-year. Population growth of +0.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.