409/52 Adelaide Street, Fremantle WA 6160
409/52 Adelaide Street, Fremantle WA 6160
Recently built three-bedroom apartment | Fremantle’s premium pocket | dual parking rare for size | strong rental fundamentals
This property presents a compelling buying case for those seeking a contemporary, low-maintenance home in Fremantle’s core. The 2022 build, combined with 101 square metres of internal space and two dedicated car spaces, positions it well above the typical apartment offering in this market-where three-bedroom units with dual parking are scarce. Its location within walking distance to Fremantle Primary School and the Adelaide Street campus of All Saints’ College gives it a clear edge for professionals or downsizers who value proximity to education and amenity. The estimated rental return of nearly $1,000 per week signals strong tenant demand, which supports both owner-occupier confidence and investor exit optionality.
The primary risk lies in strata governance and levy exposure, as newer buildings in Fremantle have occasionally carried higher-than-expected sinking fund contributions. Buyers should scrutinise the strata report for any special levies or defect claims, particularly given the 2022 completion date. Conversely, the absence of bushfire, flood, or heritage overlays simplifies due diligence and future insurability. The property’s alignment with the Fremantle College intake area adds a layer of medium-term demand stability, while the presence of 5G mobile coverage supports remote work viability without being a decisive factor. For a buyer prioritising a turnkey apartment with genuine scarcity in parking and floor plan, this property offers a strong negotiating position in a market where comparable stock is limited.
Detailed Independent Property Report prepared by PropCred Analyst team for 409/52 Adelaide Street, Fremantle WA 6160
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Fremantle is a high-demand coastal suburb positioned as a lifestyle hub with strong transport links to its vibrant CBD and Perth. Demand is driven by owner-occupiers and investors attracted to its character homes, low stock levels, and sustained rental appeal from its beachside community. The market exhibits exceptionally strong price growth across both houses and units, with properties selling rapidly in a competitive environment. Future growth is underpinned by its enduring lifestyle appeal, though broader economic uncertainties present a potential constraint.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
149m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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