Consistent high demand relative to supply is a key feature in East Fremantle driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in East Fremantle ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in East Fremantle changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in East Fremantle necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
|UNIT 17, 23 OSBORNE RD, EAST FREMANTLE, WA, 6158||2||1||1||From $469,000|
|UNIT 22, 1 SILAS ST, EAST FREMANTLE, WA, 6158||1||1||1||$345,000|
|UNIT 2, 3 COOLGARDIE AV, EAST FREMANTLE, WA, 6158||3||2||0||Offers by 30/6|
Richmond Primary School(While the above schools are located with the suburb of East Fremantle there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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