59/36 Queen Victoria Street, Fremantle WA 6160
59/36 Queen Victoria Street, Fremantle WA 6160
59/36 Queen Victoria Street, Fremantle is a two-bedroom, two-bathroom apartment with two secure car bays and a substantial 154 square metres of land. It features a powered double workshop with drive-through access, reverse-cycle air conditioning, and is positioned away from the street for complete privacy in a secure lock-and-leave setting.
This property is competitively strong because of its oversized floorplan and the rare workshop feature, which is almost unheard of in standard Fremantle apartment stock. The 154 square metre land size is significantly larger than typical units in the area, giving it a more spacious feel and greater utility. Positioned away from the street, it offers a quiet, private environment that appeals strongly to two distinct buyer groups: tradespeople who value the workshop and secure parking, and investors or downsizers seeking low-maintenance, lock-and-leave living. The unit sits within a peaceful pocket of Fremantle, where demand for secure, well-configured properties remains consistent due to the suburb’s proximity to the city, beaches, and transport links. It serves best as a hybrid property—part home, part workspace—for a buyer who wants both comfort and functionality.
Factors that might materially affect the property’s value include the workshop’s dual appeal. While it is a standout feature for tradie buyers, it could limit interest from standard residential purchasers who may not need or want a workshop, potentially narrowing the buyer pool. The high price point, relative to other units in the building, may also slow sale velocity if the market softens. However, the oversized land size and secure configuration provide a buffer, as these attributes are scarce in Fremantle’s apartment market. Rental demand is strong, with comparable units achieving solid yields, which may support value for an investor buyer. The lack of bushfire risk and council-managed zoning add stability, but the property’s rear aspect, while private, might limit natural light or views, which some buyers may weigh when comparing options.
Detailed Independent Property Report prepared by PropCred Analyst team for 59/36 Queen Victoria Street, Fremantle WA 6160
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
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
2
Bathroom
2
Parking
2
Land
154m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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