3/52 Preston Point Road, East Fremantle WA 6158

3/52 Preston Point Road, East Fremantle WA 6158
2 bed | 2 bath | 2 car | north terrace | 2016 build | boutique complex | secure parking | harbour outlook This is a competitively rare configuration for East Fremantle, where much of the stock is older character housing or townhouses with less modern amenity. A 2016-built apartment with a north-facing terrace, westerly harbour views, stone benchtops, Smeg appliances, and secure tandem parking places it well above the typical unit offering in the suburb. The lock-and-leave format, lift access, and storeroom make it particularly suited to downsizers or professional couples who want river proximity and Fremantle lifestyle without maintenance burden. Its position in a 14-apartment boutique building adds a level of privacy and quality that larger developments often lack, and the open-plan layout with terrace access from the main bedroom strengthens its appeal for indoor-outdoor living. The property’s value may be shaped by the limited land component typical of strata apartments, which could cap appreciation compared with detached houses nearby. The westerly outlook and north-facing terrace are genuine differentiators that should hold buyer interest, but the tandem car bays and study nook are practical rather than premium. The 2016 build age means finishes are current but not brand new, so presentation and carpet condition will matter. Buyers should weigh the security of a boutique complex against strata fees, and consider how the apartment compares with newer townhouse stock in the same pocket, which might offer more space for similar outlay.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/52 Preston Point Road, East Fremantle WA 6158
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
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Market Insight

East Fremantle’s median house price of $2,037,500 has risen 12.86% annually, with a compound growth rate of 9.7% and houses typically selling within 10–14 days across 83–86 transactions. The unit market sits at a median of $612,500–$697,500, with annual growth reported at 29% in one series and 9.4% in another. Demand is driven by buyers pursuing character homes and lifestyle proximity to beaches, cafes, Fremantle, and Perth, supported by low stock and heightened competition. Units deliver a gross rental yield of 4.6%, while three-bedroom houses rent for $775 weekly and four-bedroom houses for $1,202. Future growth will depend on sustained demand for these housing attributes, though global tariff uncertainty and potential slowdowns in major trading economies remain risks.
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PropCred Estimated Value

Comparable Sales: 3/45 Preston Point Road sold 2023 at a lower format; 12 Preston Point Road sold 2025 for $1.72M | Property Price Band: $800K–$900K | Value Drivers: north terrace outlook, 2016 build quality, secure tandem parking and storeroom

Bedrooms

3

Bathroom

2

Parking

1

Land

1011m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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