Freo's View

FREO’S APARTMENTS ARE POPULAR

Posted in fremantle, housing, lifestyle, real estate, western australia by freoview on August 2, 2016

Good news for Fremantle developers and apartment owners! According to independent analysts PropertyESP the Freo apartment market has remained steady.

While the spike in sales was in 2013, Fremantle, especially North Fremantle, remained consistent, according to the analysts, however North Coogee median prices dropped significantly from $ 1.3 million to only $ 600,000 between 2010-2015. But North Fremantle median prices rose from $ 1 million in 2010 to $ 1.3 million in 2015.

It is believed the fact that many Fremantle apartments have river or ocean views, or both, and are close to the beaches is the reason for Freo’s popularity.

This sits pretty well with the City of Fremantle’s policy to attract more people living and working in the centre of the city.

Roel Loopers

 

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