South Fremantle (postcode 6162) is a compact suburb in Western Australia within the Fremantle local government area. The area has roughly 3,398 residents and an older-leaning population, with a median age of 48. Households earn a median income of $100K per year, with an average household size of 2.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.6% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, 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.
Median house prices in South Fremantle stand at $1.9 million, having jumped by 16.9% over the last twelve months. The current median weekly rent is $815. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,249.
Public transport access includes 17 bus stops.
From an investment perspective, The gross rental yield works out to roughly 2.2%, which reads as low yield. Property prices are above the state median ($1.9M/$1.0M), placing it in the premium segment. The price-to-income ratio of 19.1x is considered stretched. House prices have moved +16.9% year-on-year. Population growth of +2.6% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.